GoodUnited gets financial investment from SC Launch > Charleston Business Journal

SC Start, an affiliate of SCRA, has invested $200,000 in a Charleston internet marketing organization…

SC Start, an affiliate of SCRA, has invested $200,000 in a Charleston internet marketing organization that can help connect fundraisers and donors to nonprofits on social media, SCRA stated in a news launch.

Recognized in 2015, GoodUnited has helped consumers raise additional than $500 million by means of Facebook messenger and Instagram threads, amid other social networks. Its existing 50-company client foundation features huge nonprofits these kinds of as The Susan G. Komen Foundation, Make-A-Desire, and Wounded Warriors Undertaking.

Nick Black, the organization’s CEO and co-founder along with Jeremy Berman, claimed the enterprise closed a $1.9 million round of financing Dec. 31.

“From the initially time we reviewed GoodUnited’s software details and heard their pitch, we knew this was a corporation that had positioned alone for progress,” Derek Willis, SCRA financial commitment manager, reported in the news release. “Their mission of serving to nonprofits is a deserving one particular, and the innovative technologies they’ve formulated to make this come about are impressive. The total of money they have raised for their clientele is genuinely amazing.”

Black and Berman proven the enterprise immediately after meeting in graduate college at College of North Carolina. As a retired Army Ranger with combat practical experience in Afghanistan and founder of his personal nonprofit, Quit Soldier Suicide, Black stated he understood very first-hand the challenges of owning and expanding an organization.

Together he and Berman believed they could harness technological know-how to enhance the operate nonprofits do, producing a recreation-changer for the sector.

“We very first received alongside one another about donor retention. 9 out of 10 donors really do not appear back immediately after the to start with gift, and it is a difficult company if you are generally chasing new donors and cannot cultivate the men and women you have,” Black said.

Berman, who is president of GoodUnited, is involved in the Charleston startup community, and assisted the company acquire various grants, together with the recent money from SC Start. Black said the resources will be employed to make a larger workforce at its Charleston headquarters in the SIB building on Conference Road, to spend in the people today and community.

“I go on to be amazed by this firm. Derek and the SC Launch workforce have formed a successful partnership with GoodUnited, and we are looking ahead to their ongoing advancement in the nonprofit fundraising arena,” said Bob Quinn, SCRA government director.

Reach Teri Errico Griffis at 843-849-3144.