Give InKind, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Give InKind, Inc. - overview
Established
2016
Location
Tacoma, WA, US
Primary Industry
Internet
About
Give InKind, Inc. is a technology-driven platform dedicated to empowering community support through tailored offerings such as meal trains and donations, assisting individuals and families during challenging times. Founded in 2016 and headquartered in Tacoma, US, Give InKind, Inc. operates as an independent firm that facilitates community assistance through a digital platform.
The company was founded by Laura Malcolm, who previously established other ventures. As of December 2022, Give InKind was acquired by Wolfe, LLC, with financial terms undisclosed. Since its inception, Give InKind has successfully completed five funding deals, raising a total of USD 0. 50 mn, with the most recent funding round occurring in December 2022, featuring participation from investors including Graham & Walker, Narrows Capital, and Tacoma Venture Fund.
Give InKind provides an integrated platform designed to facilitate community support through various offerings, including meal trains, gift cards, childcare, transportation, and donations. This service is particularly aimed at individuals and families undergoing challenging situations, allowing friends, family, and community members to coordinate and participate in providing meaningful assistance. The platform operates by enabling users to create personalized pages where supporters can sign up for specific tasks, send gift cards, or contribute funds directly. Since its inception, Give InKind has primarily targeted the North American market, catering to diverse customer segments such as faith-based organizations, schools, and human resource departments within companies.
The user-friendly interface and customizable features are designed to enhance collaboration and ensure that recipients have full control over how they wish to utilize the support offered. The revenue model for Give InKind is based on facilitating transactions between supporters and recipients without direct charges for the services offered. Clients engage with the platform to create pages for organizing support, where they can utilize features like integrated gift cards or fundraising capabilities linked to platforms such as CashApp and PayPal. Transactions occur within a framework where individuals and groups can contribute various types of support, such as meals, childcare, or monetary donations, all coordinated through the site.
This model allows Give InKind to maintain a free-to-use service while possibly generating revenue through partnerships and transaction fees from third-party integrations. While specific pricing plans or revenue figures are undisclosed, the platform's core service offerings aim to streamline community support efforts effectively. Give InKind plans to utilize the funds from its latest funding round in December 2022 to enhance its platform and expand its service offerings. The company aims to introduce new products that will increase user engagement and improve the overall experience.
Additionally, Give InKind is targeting further expansion into new markets, specifically looking to broaden its services across North America within the next year. Overall, these initiatives focus on streamlining community support and enhancing the platform's capabilities.
Current Investors
Madrona Venture Group, SeaChange, Keeler Investments Group
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform, Web Applications
Website
www.giveinkind.com
Verticals
E-commerce, Social Media
Company Stage
Acquired
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.