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San Diego startup Classy corrals $118m for software to help nonprofits with digital fundraising

Print Classy, a San Diego software firm that helps nonprofits raise money online, said Tuesday that it pulled in $118 million in a fourth round of venture capital funding โ€” yet another sign of recent money-raising momentum for local startups. Co-founded by Scot Chisholm as a โ€œpassion projectโ€ to raise money for cancer research after his mom was diagnosed with the disease, Classy morphed into a technology platform that creates digital pathways for more than 6,000 nonprofits to connect with...
San Diego United States Scot Chisholm David Su Christopher Himes Salvation Army To Feeding San Diego

Social software start-up Classy raises $118 mln from Norwest, other investors

Article content Classy, a technology company which builds fundraising software for non-profit institutions, has raised $118 million in fresh capital from venture capital firm Norwest Venture Partners and other investors, it said on Tuesday. Classy also said co-founder Scot Chisholm would step down from his role as chief executive officer and become the executive chairman, and Chief Operating Officer Christopher Himes, a former senior Salesforce.com executive, will assume the role of CEO. We apo...
United States San Diego Amy Caren Daniel Scot Chisholm Christopher Himes Sohini Podder

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