EGood

EGood

EGood is social community movement that connects consumers, companies, and causes for a greater global good.

HQ location
Glendora, United States
Website
Launch date
Employees
Enterprise value
$12—18m
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DateInvestorsAmountRound

$3.0m

Seed
Total Funding000k
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EGood operated as a social good platform aiming to connect consumers, businesses, and charitable causes. Founded in February 2011 by Zack Swire and Sven Simon, the company was headquartered in Glendora, California. The core of its business was a mobile and in-store platform that enabled businesses to donate a percentage of customer transactions to charities.

The business model was designed to integrate charitable giving into daily commerce. Partnering businesses could opt to donate one, three, or five percent of a customer's purchase to a designated cause. This system was intended to foster community engagement and build customer loyalty by aligning purchasing power with social impact. For consumers, the platform, accessible via a website and mobile app, allowed them to discover participating businesses and track the collective impact of their spending. Non-profits and other causes could create profiles to increase their visibility and receive funding. The company's revenue stream was not explicitly detailed in the available information, but the structure suggests it may have been based on partnerships with businesses.

In September 2013, eGood announced it had raised $3 million in a seed funding round led by entrepreneur and board member Wolfgang Buehler. This capital was allocated to enhance the technology of its check-in for charity platform and to support expansion within Southern California and other U.S. markets. At that time, the company reported having 15 employees. However, subsequent information indicates the company ceased operations, with a record showing it as 'Out of Business' as of January 27, 2022.

Keywords: social giving, cause marketing, corporate social responsibility, mobile giving, charitable donations, community engagement, impact tracking, social enterprise, conscious consumerism, eGood, Zack Swire, Sven Simon, retail fundraising, check-in for charity, social impact platform, mobile philanthropy, cause-based marketing, consumer activism, social good community

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