Classy

Classy

Online fundraising software for nonprofits

About Classy

Simplify's Rating
Why Classy is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Social Impact

Company Size

201-500

Company Stage

Series D

Total Funding

$178.5M

Headquarters

San Diego, California

Founded

2006

Overview

Classy.org provides online fundraising software specifically designed for nonprofit organizations. Its platform enables nonprofits to create customized and branded fundraising pages quickly, allowing them to engage supporters and manage donations effectively. Classy serves a wide range of clients, including major nonprofits like The Salvation Army and Heifer International, and offers advanced security measures to protect donor data. The platform supports international fundraising by accommodating 130 different currencies, making it accessible for organizations aiming to reach a global audience. Classy operates on a subscription-based model with various pricing plans, allowing nonprofits to start for free and upgrade as needed. Revenue is generated through subscription fees and transaction fees on donations processed. The goal of Classy is to help nonprofits maximize their fundraising potential while providing them with the tools and resources necessary for effective donor management.

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Simplify's Take

What believers are saying

  • Increased adoption of AI tools boosts donor conversion rates for Classy.
  • Classy's focus on DEI in fundraising aligns with current nonprofit trends.
  • The rise of virtual events offers Classy new opportunities for platform expansion.

What critics are saying

  • Competition from other platforms like GoFundMe may lead to strategic conflicts.
  • Economic downturns could reduce charitable donations, impacting Classy's revenue.
  • Donor fatigue may decrease the effectiveness of Classy's fundraising tools.

What makes Classy unique

  • Classy offers AI-driven personalized donation suggestions to enhance donor engagement.
  • The platform supports 130 currencies, enabling global fundraising for nonprofits.
  • Classy Studio integrates storytelling and SEO to improve online visibility for nonprofits.

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Funding

Total Funding

$178.5M

Above

Industry Average

Funded Over

4 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$118M
Classy

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

401(k) Retirement Plan

401(k) Company Match

Hybrid Work Options

Remote Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Family Planning Benefits

Wellness Program

Mental Health Support

Professional Development Budget

Company News

Technical.ly
Nov 7th, 2024
National Conference On Boosting The Talent Pipeline Is Coming To Philadelphia

This is a guest post by Ashley Barber of Campus Philly, a founding organization of Young, Smart Local, a national network striving to build a diverse workforce through the engagement and retention of young professionals. Technical.ly is a proud media partner of the 2024 YSL conference. What do regional economic development boosters, socially minded business owners and attentive civic leaders have in common? They all realize a steady stream of talented young adults is key to success — and there’s an event this month they won’t want to miss.Young, Smart, and Local, the national conference on talent attraction, growth and retention, is making its much-anticipated return to Philadelphia from Nov. 12-14. Across the nation, cities have realized talent will drive their ability to grow, but small, mid-size and large metropolitan areas have developed different strategies for building their pipelines. Some focus on college access and completion, while others concentrate on engaging and retaining students studying at local institutions.With more than 250 leaders expected to attend YSL 2024 — hailing from sectors like economic development, tourism, city government, higher education and business — the three-day convening promises to be dynamic. Expect sessions and talks sharing the latest and best strategies and initiatives to cultivate robust talent pipelines, which can vary widely.This year’s event is hosted by Campus Philly, in collaboration with Action Greensboro, Campus Tulsa and Greater New Orleans, with additional support from DCI and The Chamber of Commerce for Greater Philadelphia. Attendees can look forward to engaging discussions that will cover a range of vital topics, including:How to reimagine the future of workStrategies for integrating diversity, equity and inclusion (DEI) practices in growing urban areasA review of national trends and best practices that shape successful talent attraction effortsHow to measure the impact of talent initiatives across the countryAll of this will allow participants to gain insights into effective strategies for progress and methodologies for evaluating success. The Friday evening reception is at the Franklin Institute in Center City, followed by two days of workshops, plenaries and networking sessions at Quorum at the University City Science Center in West Philadelphia.Also! Campus Philly — one of the founding organizations of the Young, Smart, and Local network and host of the 2024 conference — is celebrating its 20th anniversary with a party at the Comcast Technology Center on the last day of the conference (Thursday, Nov. 14). All conference attendees get complimentary admission to the party, which will be an opportunity to reflect on the past two decades and envision the future of talent engagement in the Greater Philadelphia region for decades to come

PR Newswire
Oct 17th, 2024
Housing Works Announces 21St Annual "Fashion For Action" Benefit

A FOUR-DAY DESIGNER SHOPPING EVENT IN-STORE ONLINE FEATURING BRAND-NEW DESIGNER GOODS PRICED UP TO 80% OFFOPENING RECEPTION HOSTED BY PATRICIA CLARKSONBROUGHT TO YOU BY EVENT CO-CHAIRS: Nigel Barker, Mickey Boardman, Lorraine Bracco, Laura Brown, Debbie Harry, Misa Hylton, Kesha McLeod, and Cameron Silver SPECIAL ONLINE SELECTIONS FROM TOP STYLE CURATORS: Kelly Augustine, Rachel Comey, Sarah Chiwaya, Nicky Hilton Rothschild, Mara Hoffman, J. Logan Horne, Natalie Kates, Jerome LaMaar Rice, Stacy London, Mia Moretti, Anahita Moussavian, Presley Oldham, CeCe Olisa, Bradford Shellhammer, Max Siegelman, + MOREIN-STORE + ONLINE | NOVEMBER 13-16TICKETS AVAILABLE FOR VIP RECEPTION, EARLY-ACCESS + GA SHOPPING ON NOV. 13, FREE PUBLIC SALE DAYS | NOV. 14-16NEW YORK, Oct. 17, 2024 /PRNewswire/ -- Housing Works, a New York City non-profit organization dedicated to supporting those impacted by homelessness and HIV/AIDS, is proud to announce its 21st annual Fashion for Action fundraiser. This year's event will take place from November 13-16, 2024, at its Chelsea Thrift Shop and online, promoting sustainability within the fashion industry and a focus on accessories

Technical.ly
Jun 4th, 2024
16 Events For Technologists And Entrepreneurs In June

As the weather warms, activity in the tech community is heating up. With dozens of orgs planning events in the next few weeks, it’s a great time to get out and mingle with colleagues (or stay cool inside while tuning into a webinar). If your schedule is looking more crowded than a beach on the weekend, don’t sweat — this rundown can help you figure out where to plant your umbrella. Whether you’re curious about the latest developments in AI, want to stay up on industry regulations and best practices, looking for leadership guidance or just trying to expand your network, there’s a variety of virtual and IRL events throughout the mid-Atlantic this month

Technical.ly
Jun 4th, 2024
Philly Daily Roundup: Equitable, Inclusive Investing; Ai In De; Acp Ends

How you work will determine who will work. The Fearless Fund, which supports Black women entrepreneurs, is facing a lawsuit related to anti-discrimination. This is part of a broader trend of backlash  against racial equity initiatives implemented post-2020.But diverse representation in the workforce and entrepreneurship has concrete economic benefits, so there’s been a shift from race-focused programs to more inclusive strategies like income-based and community-specific initiatives.➡️ Read more about what policies attract diverse talent in Chris Wink’s column. 4 ways Delaware uses AI in various sectorsDelaware-based nonprofit The Tech Forum highlighted AI uses in different sectors at “AI in DE,” offering an opportunity to learn from people who use the technology every day

ROI-NJ
May 23rd, 2024
Spectrum Works, Mts Logistics To Again Partner On Bike Tour For Autism Acceptance

Spectrum Works and MTS Logistics recently announced that they will partner for the 14th annual MTS Bike Tour for Autism Acceptance on June 8. Last year’s event, led by sponsors MTS, Turkish Philanthropy Funds and Bergen Logistics, raised more than $100,000 for Spectrum Works. Those involved hope they will be able to raise more than $150,000 this year. Spectrum Works CEO Ann Marie Sullivan said she was thrilled with the continued support

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