Resilia, a New Orleans, LA-based SaaS platform, announced that it closed $35 million in Series B funding to further help nonprofits increase their day-to-day capacity and funders scale impact through resources that extend beyond just a monetary grant.
The round was co-led by Panoramic Ventures and Framework Venture Partners. Returning investors include Mucker Capital, Callais Capital, Cultivation Capital, Engage Ventures, SoftBank Group's SB Opportunity Fund, Kimble Ventures, The Jump Fund, and Fearless Fund.
New investors include Goldman Sachs Asset Management Fund, Chloe Capital, Gaingels, Mana Ventures, and others.
The latest funding will be used to scale Resilia's technology platform and expand access to the sector by bringing more North American organizations into its ecosystem.
"Our goal at Resilia has always been to provide nonprofits with access—something our team has worked tirelessly to do," said Sevetri M. Wilson, founder and CEO of Resilia. "This latest investment gets us closer to realizing our vision of democratizing philanthropy by reallocating power over its decision-making and resources as well as providing more seats at the table."
Launched in 2017, Resilia has over 15,000 nonprofit users and enterprise customers, including Oxfam America, the Robert Wood Johnson Foundation, Goldman Sachs's One Million Black Women Initiative, Silicon Valley Community Foundation, the United States Tennis Association Foundation, and The Boston Foundation.
Company: Exempt Me Now, Inc.
Raised: $35.0M
Round: Series B
Funding Month: October 2022
Lead Investors: Panoramic Ventures and Framework Venture Partners
Additional Investors: Mucker Capital, Callais Capital, Cultivation Capital, Engage Ventures, SoftBank Group's SB Opportunity Fund, Kimble Ventures, The Jump Fund, Fearless Fund, Goldman Sachs Asset Management Fund, Chloe Capital, Gaingels, and Mana Ventures
Company Website: https://www.resilia.com/
Software Category: Nonprofit Platform
About the Company: Resilia is a New Orleans and NYC-based tech SaaS startup that helps nonprofits increase capacity and enables funders (charities, private foundations, corporations, and governments) to scale impact and provide on-demand technical assistance to their partners. Resilia is a technology platform with a human touch. Resilia enables nonprofits to increase capacity and funders to go beyond the grant with technical assistance, coaching, and capacity-building support. Its mission is to strengthen the capacity of nonprofits and help grantors scale impact through data-driven technology solutions. Resilia has offices in New Orleans and New York City, with remote workers across the U.S.
Source: https://www.resilia.com/press-releases/resilia-raises-35m-series-b-to-democratize-philanthropy-and-fuel-nonprofit-capacity