{"id":20417,"date":"2022-01-13T04:00:04","date_gmt":"2022-01-13T12:00:04","guid":{"rendered":"https:\/\/pro-migration.local\/?p=20417"},"modified":"2025-06-10T11:35:18","modified_gmt":"2025-06-10T18:35:18","slug":"gofundme-acquires-classy","status":"publish","type":"post","link":"https:\/\/gofundme.to\/__proxy\/pro.gofundme.com\/c\/blog\/gofundme-acquires-classy\/","title":{"rendered":"Classy Joins the GoFundMe Family"},"content":{"rendered":"

This article was updated on May 17, 2022.\u00a0<\/em><\/p>\n

Today, GoFundMe closed its acquisition of Classy<\/a> in an all-equity transaction. While it\u2019s not unusual to see mergers and acquisitions in our sector, it is unusual to see two market leaders join forces to fundamentally change giving. Together, we plan to create the most definitive solution for giving to help reach more people and nonprofits across the world.<\/p>\n

Over the past 10 years, Classy<\/a> has grown to become the category leader in nonprofit fundraising. Our customers now raise 10 figures annually on the Classy platform from nearly 5 million donors, many of whom choose to support nonprofits through ongoing donations, creating a lasting impact for these causes. This past year, Classy also raised a $118 million Series D funding round<\/a>, which we directed toward ambitious product investment, resulting in the acquisition of a hybrid events platform, and a total of 16 major product and feature releases \u2014 all with the focus on helping nonprofits raise more money.<\/p>\n

Only a company as driven and committed to the nonprofit sector as GoFundMe<\/a> could diverge Classy\u2019s path. From our conversations with GoFundMe, we realized our impact for the social sector could be so much greater, together. As two strong businesses focused on vital, complementary parts of giving, the scale of our companies combined unlocks new opportunities for nonprofits to reach broader audiences and further relationships with current donors.<\/p>\n

Together, we can not only amplify our investment in our product but also better unite individual donors with the organizations that support their most cherished causes. We envision a world where those driven to an individual GoFundMe campaign can then be connected to a nonprofit addressing the root cause driving the need.<\/p>\n

To our customers, you can expect the same commitment to product innovation, customer support and partnership, and reliability that you\u2019ve come to expect from us over the past decade. We will continue to lead our category while reshaping it alongside GoFundMe. Through our partnership, we plan to accelerate our existing velocity while continuing to push our industry forward. Classy was born out of the question, \u201cWhy does giving have to be so hard?\u201d and that\u2019s the same question we continue to answer today.<\/p>\n

We look forward to partnering with you, alongside GoFundMe\u2019s community of 100 million, to continue to transform giving in a way that drives funding to the world\u2019s most important causes. Together, the future is bright.<\/p>\n","protected":false},"excerpt":{"rendered":"

This article was updated on May 17, 2022.\u00a0 Today, GoFundMe closed its acquisition of Classy in an all-equity transaction. While it\u2019s not unusual to see mergers and acquisitions in our sector, it is unusual to see two market leaders join forces to fundamentally change giving. Together, we plan to create the most definitive solution for […]<\/p>\n","protected":false},"author":110,"featured_media":20431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[294],"tags":[],"class_list":["post-20417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news"],"acf":[],"yoast_head":"\nClassy Joins the GoFundMe Family - GoFundMe Pro<\/title>\n<meta name=\"description\" content=\"GoFundMe announced its acquisition of Classy. 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