5 years ago
TapSimple Raises £900,000 to Simplify Charity Fundraising
TapSimple, a London-based charity tech startup, has secured £900,000 in funding from Ecclesiastical, Lord Michael Spencer, Lord Mervyn Davies, Dominic Burke, Anthony Bolton, and existing investors including Sir Martyn Lewis
The company provides a feel-good fundraising platform with contactless and chip & pin donations, a virtual events platform, and online donation services
TapSimple aims to simplify fundraising for charities by adapting to the changing fundraising environment and consumer behavior
The company has witnessed rapid growth, adding Cancer Research UK to its portfolio of charity clients and signing 80 new clients since September 2020.
ProblemTechnology
"Charities are struggling to raise funds as people are using cash less and less. This is especially true for street fundraising, where 73% of charities are finding it difficult to collect donations."
Solution
"TapSimple provides a contactless donation device called Clip that can be paired with the TapSimple app to facilitate contactless and chip & pin donations. They also have a Virtual Events Platform that includes integrated video conferencing, ticketing, and an online donation service to help charities engage with stakeholders, volunteers, and donors online."