Goodstack, a London, UK-based SaaS and fintech platform for charitable donations, has raised $28 million in Series A funding.

Investors 

The round was led by General Catalyst, with support from Morpheus Ventures and Repeat. 

General Catalyst is a global investment and transformation firm that partners with resilient and AI-focused entrepreneurs. Supporting founders from seed through growth stages, the firm has helped scale over 700 businesses. General Catalyst operates from offices in San Francisco, New York City, Boston, Berlin, Bangalore, and London. 

Goodstack Use of Funds 

The company plans to use the funds to expand its services for companies and enhance its technology for nonprofits. 

About Goodstack 

Led by founder and CEO Henry Ludlam, Goodstack (fka Percent) provides a SaaS and fintech platform that facilitates corporate charitable donations and supports nonprofit organizations globally. It offers technology solutions for businesses to easily integrate giving into their operations, enabling them to manage and direct philanthropic donations. With offices in London and San Francisco, Goodstack aims to process over $3 billion in donations in 2024. 

Funding Details 

Company: Goodstack 

Raised: $28.0M 

Round: Series A 

Funding Date: November 2024 

Lead Investor: General Catalyst 

Additional Investors: Morpheus Ventures, Repeat 

Company Website: https://goodstack.io/  

Software Category: Donations Management 

Source: Thttps://tech.eu/2024/11/18/goodstack-secures-28m-from-general-catalyst/