Donations platform Wisely lands $1.5 mln in Ripple-led seed deal
Toronto-based philanthropic fundraising platform Wisely has raised $1.5 million in a seed-stage financing, bringing its total funding so far to $2.1 million. The round was led by Canadian early-stage venture capital firm Ripple Ventures, with participation from Verstra Ventures and Maple Leaf Angels. Founded in 2017 by CEO Artiom Komarov, CTO Ryan Henry and COO Wes Moon, Wisely provides artificial intelligence-enabled technology to help charities, foundations, educational institutions and non-profit organizations more effectively pursue donations. The round's proceeds will be used by Wisely to expand its operations in the North American market.
25 July 2019•2 mins read
