TechSoup - Risk Capital - 5%
Microsoft Philanthropies invests $1 million in support of TechSoup campaign to nearly double the nonprofits it serves.
Microsoft Philanthropies invests $1 million in support of TechSoup campaign to nearly double the nonprofits it serves. Microsoft investment will be leveraged to distribute an estimated $470 million of additional resources to the nonprofit sector.
Microsoft is the lead impact investor in TechSoup's newly launched $11.5 million direct public offering, a funding source that enables individuals and corporations to invest directly into the growth and mission of TechSoup. TechSoup's DPO will be leveraged to distribute more than $5.4 billion of additional resources to the nonprofit sector.
As the DPO's first corporate investor, Microsoft's leadership will enable TechSoup to develop new offerings to help nonprofits utilize technology to amplify their mission and impact, and it will encourage investors of all stripes to support TechSoup's growth initiative and catalyze the impact to the sector.
See entire press release here: https://www.prnewswire.com/news-releases/microsoft-philanthropies-invests-1-million-in-support-of-techsoup-campaign-to-nearly-double-the-nonprofits-it-serves-300790780.html
Forbes - TechSoup launches a campaign to raise $11.5 million toward global civil society impact.
TechSoup is the leading nonprofit network facilitating the distribution of technology solutions to a vast global network of nonprofit and civil society organizations, helping them navigate fast-changing technology such as cloud computing and Blockchain, increase their impact and ultimately create a more equitable planet. TechSoup recently launched a campaign to raise $11.5 million, which will allow it to increase the technology resources it distributes globally from $1.9 billion last year to an estimated $4.8 billion by 2021. It will also increase its reach to serve 1.7 million nonprofit organizations around the world.
See the full article here: https://www.forbes.com/sites/krisputnamwalkerly/2019/02/08/want-to-make-a-47000-impact-with-100/amp/
devex - Turning Stakeholders into Investors
SAN FRANCISCO — Looking for a way to raise the growth capital her nonprofit needed for scale, Rebecca Masisak wanted to explore her options beyond grants, which tend to be dictated by donors. She thought back to her time raising $240 million for a startup in the for-profit world, and wondered how she might take a similar approach in the fundraising efforts for TechSoup, an organization that connects nonprofits from around the world with technology and technical support. So the TechSoup CEO started asking herself and others: “Would we be a story of interest to impact investors?”
TechSoup receives $4 million investment from Nonprofit Finance Fund for next generation nonprofit tech platform
TechSoup, the leading nonprofit facilitator of technology solutions to non-governmental organizations (NGOs) globally, today announced that it has secured a $4-million loan from Nonprofit Finance Fund (NFF) to support expansion of its global distribution network bringing software, hardware, services, and content to civil society organizations.
New U.S. Impact Investing Platform's First Issuer Has Something For Everyone
Nov 28, 2018 - Forbes - TechSoup launches as SVX.US’s first issuer to open up impact investing to a wider group of funders.
SVX.US debuts with ‘direct public offering’ from TechSoup
Nov 18, 2018 - ImpactAlpha - Toronto-based impact investing platform SVX is rolling out a U.S. version of its matchmaking service with an $11.5 million debt offering from TechSoup.
Impact Investing Platform SVX.US Debuts With Offering by TechSoup
Nov. 14, 2018 - Locavesting - A new impact investing platform is launching this week and its first offering—a financially self-sufficient global nonprofit—signals the type of innovative social enterprises it aims to help.
See entire article here: https://www.locavesting.com/investing/impact-investing-platform-svx-us-debuts-offering-techsoup/