HomeUSAChariot Raises $11M in Funding

Chariot Raises $11M in Funding

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Chariot, a NYC-based payments company dedicated to Donor Advised Fund (DAF) giving, raised $11M in funding.

The round was led by Maveron with participation from Spark Capital, SV Angel, Y Combinator, and angel investors Adam Grant, Angela Duckworth, Michael Massaro and Daffy founder Adam Nash.

The company intends to use the funds to expand operations and its development efforts.

Chariot is a payments company dedicated to Donor Advised Fund (DAF) giving. DAFpay, Chariot’s 3-click DAF payment option, allows donors to give with their DAF anywhere they are inspired to give online. This enables donors to use their DAF in more places, more often, and unlocks more DAF gifts with better information for nonprofits.

The company empowers direct DAF payments for many of the largest nonprofits in the country, such as the American Cancer Society, Memorial Sloan Kettering Cancer Center, and the Michael J. Fox Foundation.

FinSMEs

08/08/2024

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