Wishraiser
Leading European platform for contests where No Profit Organizations, Influencers and Brand launch fundraising campaigns to support their cause.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
N/A | Seed | ||
| Total Funding | 000k | ||
| EUR | 2016 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | - | 1005 % | 70 % | 36 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | - | (581 %) | (381 %) | (182 %) | (98 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Based in Milan, Italy, Wishraiser operates as a technology firm specializing in digital fundraising solutions. Founded in 2014 by Mario Salsano and Riccardo Mollaretti, the company provides a platform designed to gamify the donation process for non-profit organizations, corporate clients, and influencers. Salsano, who serves as CEO, previously studied pharmacy at the University of Bologna before founding Wishraiser.
The company's core business revolves around a platform that facilitates fundraising through prize-based contests. Donors who contribute to a cause are entered into drawings for unique experiences or vouchers. This model is intended to increase donor engagement and make giving more interactive. Wishraiser serves a broad range of non-profit organizations, from small entities to large ones, and has partnered with over 1,600 organizations. The platform also offers services for businesses to manage their corporate social responsibility (CSR) initiatives, providing tools for creating social impact programs.
Wishraiser for Non-Profits is a comprehensive suite of digital tools that includes a customizable fundraising page, a management dashboard, lead generation services, and a website builder. For corporate clients, the company offers customizable gift cards that can be redeemed as donations to a partner non-profit, along with a dedicated page to showcase the company's social commitment. Revenue is generated through a service fee and transaction costs on donations. A commission of 2.9% plus €0.35 is applied to each donation to cover payment processing fees. Additionally, donors have the option to leave a voluntary contribution to support Wishraiser's "Impact Program," which aims to further the digitalization of the non-profit sector.
In 2019, the company closed a funding round of approximately €400,000 from a pool of international business angels and Italian entrepreneurs. Subsequently, it initiated a €2.5 million investment round with advisory from SCM Sim to fuel its international expansion into Spain and the UK.
Keywords: fundraising platform, charity contests, non-profit digital tools, corporate social responsibility, donor engagement, online donations, gamification for charity, social impact programs, celebrity fundraisers, fundraising technology, charity lottery, digital fundraising, non-profit technology, CSR platform, donor acquisition, recurring donations, charity gift cards, online fundraising campaigns, social impact technology, fundraising solutions