Scot Chisholm

Certified B Corp, Classy, Raises $118M in Series D Funding to Help Nonprofits Increase Their Impact

Retrieved on: 
Tuesday, April 20, 2021

The company also plans to enter new markets, such as corporate giving, all to drive a greater impact for its 6,000+ nonprofit customers.

Key Points: 
  • The company also plans to enter new markets, such as corporate giving, all to drive a greater impact for its 6,000+ nonprofit customers.
  • "As the social sector looks to reach new audiences on digital platforms, Classy is poised to support this growing market demand.
  • We\'re excited to support Classy in its continued endeavors to stimulate social impact throughout the world.
  • "\nScot Chisholm, Co-founder and CEO of Classy, will step down as CEO and transition into a full-time Executive Chairman role.

Nonprofits Raised $1 Billion in 2020 on Classy Platform

Retrieved on: 
Tuesday, January 5, 2021

"Ten years ago it was hard to imagine Classy empowering over 6,000 nonprofits to raise $1 billion (and growing) in a single year," said Scot Chisholm, co-founder and CEO of Classy.

Key Points: 
  • "Ten years ago it was hard to imagine Classy empowering over 6,000 nonprofits to raise $1 billion (and growing) in a single year," said Scot Chisholm, co-founder and CEO of Classy.
  • "When I look back on 2020, I'll remember it as the year donors stepped up in a huge way, and nonprofits overcame immense challenges when the world needed them most.
  • Nonprofits on the Classy platform raised $288 million in December alone, an 84% increase compared to 2019, and donors have committed over $14 million in monthly recurring donations.
  • Classy also hosts the Collaborative conference and the Classy Awards to spotlight the innovative work nonprofits are implementing around the globe.

Classy Announces Its B Corporation Certification

Retrieved on: 
Tuesday, December 15, 2020

SAN DIEGO, Dec. 15, 2020 /PRNewswire/ -- Classy , a social enterprise technology company that helps nonprofit organizations maximize their impact through a suite of world-class, online fundraising tools, is proud to announce its B Corporation (B Corp) Certification .

Key Points: 
  • SAN DIEGO, Dec. 15, 2020 /PRNewswire/ -- Classy , a social enterprise technology company that helps nonprofit organizations maximize their impact through a suite of world-class, online fundraising tools, is proud to announce its B Corporation (B Corp) Certification .
  • B Corp Certification is the only certification that measures a company's entire social and environmental performance.
  • "Receiving our B Corp Certification is validation of everything Classy has done up until this point to invest in our customers, our employees, our shareholders, and our community as a force for good," says Scot Chisholm, CEO and Co-founder of Classy.
  • "We couldn't be happier to see Classy take this extra step of B Corp Certification and join our community of over 3,500 innovative companies."

The Salvation Army Selects Classy as Its Online Fundraising Platform to Help More People in Need

Retrieved on: 
Tuesday, November 13, 2018

Classy was first successfully leveraged by various Salvation Army territories before being selected to power the organization's national online fundraising efforts.

Key Points: 
  • Classy was first successfully leveraged by various Salvation Army territories before being selected to power the organization's national online fundraising efforts.
  • Additionally, the team surpassed their fundraising goal by 75 percent, an uptick signifying the modern giving experience they're now offering supporters.
  • "The Salvation Army recognized the need for a truly modern giving experience," said Scot Chisholm, Classy CEO and Co-Founder.
  • Classy also hosts the Collaborative conference and the Classy Awards to spotlight the innovative work nonprofits are implementing around the globe.

Classy Achieves AWS Nonprofit Competency Status

Retrieved on: 
Tuesday, August 7, 2018

SEATTLE, Aug. 7, 2018 /PRNewswire/ -- Classy , a social enterprise that creates world-class online fundraising software for nonprofits, announced today that it has achieved Amazon Web Services (AWS) Nonprofit Competency status .

Key Points: 
  • SEATTLE, Aug. 7, 2018 /PRNewswire/ -- Classy , a social enterprise that creates world-class online fundraising software for nonprofits, announced today that it has achieved Amazon Web Services (AWS) Nonprofit Competency status .
  • Achieving AWS Nonprofit Competency status differentiates Classy as an AWS Partner Network (APN) member that provides specialized, demonstrated technical proficiency and proven customer success, with a specific focus on its core suite of fundraising products Classy Peer-to-Peer, Classy Crowdfunding, Classy Donations, Classy Events, and Classy Passport.
  • "As Classy continues to serve more enterprise nonprofits and experience rapid growth, we're proud to achieve AWS Nonprofit Competency status," said Scot Chisholm, Classy CEO and Co-Founder.
  • The AWS Nonprofit Competency status was announced at IMAGINE: A Better World, A Global Nonprofit Conference, hosted by AWS in Seattle, Washington.

New Report From Classy Reveals Recurring Donors Are 440% More Valuable Than One-Time Donors

Retrieved on: 
Tuesday, May 1, 2018

Available now, The State of Modern Philanthropy surfaces dozens of new, key insights, including:

Key Points: 
  • Available now, The State of Modern Philanthropy surfaces dozens of new, key insights, including:
    Recurring donor value revealed: Recurring donors are 42 percent more valuable than fundraisers, and a whopping 440 percent more valuable than one-time donors.
  • Classy also hosts the annual Classy Awards to spotlight the innovative work nonprofits are implementing around the globe.
  • Backed by prominent technology investors, including JMI Equity, Mithril, Salesforce Ventures, and Bullpen Capital, Classy has raised $53 million to-date in growth capital.
  • For more information, visit www.classy.org or follow Classy on Twitter @Classy.