As the platform is developed, Snap Mobile said it also plans to use the raised capital to solve product-related needs for customers. The June 2020 Cost of Food Report revealed a 5.3 increase in the cost of the Thrifty Food Plan from last year, which is more than double the 20-year annual average increase of 2, accounting for the rise in food costs. Snap Raise has worked with almost 3 million k-12 students participating in sports, activities, arts, and more. Snap Mobile CEO Cole Morgan expressed hope the expanded offerings, set to be released in 2022, will help high schools not only fundraise but build lasting, financially stable programs through its software. The program will be geared toward athletic and art directors, principals and other high school administrators with tools to budget, track and manage program finances.
Snap raise prizes software#
Snap Raise plans to use its new funding to accelerate company expansion, specifically supporting the development of a new, financial management software platform for high school athletic and arts programs. Snap Mobile has a unique vision, team and infrastructure to bring it together in a way that makes the experience better for schools, coaches, families, and kids.” “We invest in companies that are building the future of sports, and that includes providing high school communities with the technologies and solutions they need to build modern sports programs,” Cole Van Nice, co-founder and managing partner at Elysian Park Ventures, said, adding that the high-school activity space is “wildly fractured and in need of unification. snap raise prizes pinata filling ideas partying gifts goody bag pinata fillers goodie bag filler ideas party favours party favor. Track and improve your programs fundraising efforts throughout the year with our leader dashboard and reports. The company, founded in 2014, said more than 15,000 schools/organizations and 48,000 teams and clubs across the country have utilized its free-to-use e-commerce platform, raising more than $430 million and supporting more than 2.5 million artists and athletes. Through powerful, safe, and easy to use technology, Snap Raise enables every coach to build an impactful program for kids and their community alike. The Seattle-based company’s digitized, data-driven platform helps high school teams, clubs, schools and other youth activity groups fundraise virtually-for a season or year-round.
Snap raise prizes series#
This second raise brings Snap Mobile’s total funding to just under $115 million after a $24.8 million Series A round in 2020. SnapRaise is a popular fundraising platform that allows players to set up individual campaigns that contribute to your teams goal. LA Dodgers Bag Max Scherzer, the Big Trade Deadline Prizeĭodgers, MLB to Auction NFT of 2020 World Series Ring High School 'Unicorns' Chase NIL Money as Coaches, Agents Eye Limits
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