PloomSocial on Wefunder

Raise closed, search for fresh raises on Seedstage

Irvine, CA

Scaling a video storytelling platform to enhance donor engagement and transform charitable fundraising.

  • Innovative platform: Combines video storytelling with fundraising to create deeper donor engagement.
  • Early traction: 20 organizations currently raising funds, with 900 campaigns projected for the year.
  • Seasoned leadership: Led by experienced executives and advised by prominent industry leaders.
  • Social impact focus: Shares revenue with charitable partners and integrates social impact measurement tools.
  • Market opportunity: Positioned to modernize the $557B U.S. charitable donations market with a first-mover advantage.

PloomSocial is fundraising to scale its innovative video-based fundraising platform, designed to transform how charitable giving is experienced by donors and fundraisers. The platform integrates video storytelling into the donation process, providing a more engaging and transparent experience that fosters stronger emotional connections. By empowering non-profits and individuals to showcase the real-world impact of their causes through episodic videos, PloomSocial addresses the disconnect many donors feel after contributing. The company’s approach aims to increase donor retention and repeat contributions while providing fundraisers with a dynamic tool to creatively tell their stories. With a fully functional web and iOS app already live, the company is positioned to expand rapidly in the digital donations space.

The funds raised will be used to accelerate platform enhancements, scale marketing and sales efforts, and grow operational infrastructure. Founded by seasoned leaders with extensive experience in Fortune 500 firms, PloomSocial has already seen early traction, with 20 organizations currently raising funds on the platform and over 900 campaigns projected for the year. The platform offers user-friendly features like seamless web and mobile integration, AI-powered onboarding, and an end-to-end compliant payment ecosystem. Additionally, PloomSocial differentiates itself by sharing a portion of revenue with charitable partners and incorporating tools to measure social impact. The company aims to capitalize on the growing preference for video content in online engagement, targeting the large U.S. charitable donations market while building a loyal donor and fundraiser community.

Company Info

PloomSocial is a fundraising platform that uses video storytelling to enhance donor engagement and streamline charitable giving.

PloomSocial is a fundraising platform that integrates video storytelling to enhance donor engagement and improve the fundraising experience for non-profits, individuals, and organizations. Founded in 2022, the company offers an immersive platform accessible via both a web app and an iOS app, allowing users to create video-based fundraising campaigns. The platform simplifies the donation process by not requiring user profiles, offers integrated payment systems with compliance features, and includes social impact measurement tools to ensure transparency. PloomSocial supports its mission by donating a portion of its revenue back to charitable partners, reinforcing its commitment to social impact.

Positioned as an innovative alternative to traditional fundraising platforms, PloomSocial differentiates itself by focusing on creating emotional connections through episodic video storytelling. The company has secured over $1.2 million in pre-seed funding and currently hosts 20 organizations, with 900 more projected to launch campaigns in 2024. It forecasts processing over $15 million in donations in FY24, translating to $1.2 million in revenue, and projects significant future growth. PloomSocial’s leadership team comprises seasoned executives with extensive experience in technology, marketing, and finance, supported by a notable advisory board including Shark Tank’s Kevin Harrington. The company’s business model includes revenue from donation processing contributions, corporate partnerships, ad revenue sharing, and premium features, positioning PloomSocial to scale within the growing $557 billion annual U.S. donations market.

From the feed