Raise5
File:Raise5Logo.png | |
Type of business | Private |
---|---|
Type of site | Online Charitable Marketplace |
Available in | English |
Headquarters | |
Area served | Worldwide |
Founder(s) | Mike Tang, Hassan Hassan, Shayan Nahrvar |
Employees | 5 |
Website | www.Raise5.com |
Launched | Feb 2012 |
Current status | Active |
Raise5 is an organization that allows individuals and groups to fundraise for charities and non-profits through micro-volunteering. Users exchange goods and services to raise money for their selected charity, with Raise5 taking an 8% fee on the transaction. According to the "Our Beliefs" section of their website, "...money is not the sole measure of success, but rather a fuel that sustains a business and drives real change."[1]
Other related sites include Justgiving, Crowdrise, and Charitykick. Raise5 focuses on keeping communities engaged in activism by allowing them to meet other needs (playing, developing a skill, building a portfolio, buying a valued service) whilst also supporting a cause.[2][3] One reviewer writes that "the vast majority [of services] are actually useful opportunities" but also that "several of the services are a bit out there."[3]
History[edit]
The idea was first pitched at a Startup Weekend event in Toronto at the end of 2011. The first service provided was for one of the co-founders to wear an animal costume and dance.[4] In May 2012, Raise5 won Sir Richard Branson's 500 contestant "Screw Business as Usual" competition.[4][5] In September 2012, Raise5 began work with "Impact Engine", a startup accelerator led by Chuck Templeton (founder of OpenTable).[4][6]
References[edit]
- ↑ www.Raise5.com, "About Us" section, accessed January 23 2013
- ↑ www.Raise5.com, "Values" section, accessed January 23 2013
- ↑ 3.0 3.1 "Got A Talent? Raise5 Lets You Use It To Raise Money For Causes", Fast Company, Whitney Pastorek, accessed January 23 2013
- ↑ 4.0 4.1 4.2 www.Raise5.com, "History" section, accessed January 23 2013
- ↑ "Virgin Unite, Jamie Oliver Food Foundation Name Raise5 Winner Of 'Screw Business As Usual' Competition", HuffingtonPost, Alicia Ciccone, published 05/14/2012, accessed January 23 2013
- ↑ "Impact Engine Accepts First Batch Of Startups For Social Enterprise", Forbes, Tomio Geron, published August 7 2012, accessed January 23 2013
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