Dundee VC invests in days-old DonorPath

Omaha-based Dundee Venture Capital last week announced that in January it invested an undisclosed amount in DonorPath, a Chicago-based startup building what it calls a fundraising intelligence engine. “At the time of our investment, the company was only 15 days past its incorporation …

Omaha-based Dundee Venture Capital last week announced that in January it invested an undisclosed amount in DonorPath, a Chicago-based startup building what it calls a fundraising intelligence engine. “At the time of our investment, the company was only 15 days past its incorporation; thus, we had to rely heavily on the founder’s vision and experience in the nonprofit sector,” Dundee analyst Nick Engelbart said on the firm’s blog, noting the company didn’t have revenue, customers, a team or a product. Prior to DonorPath, the startup’s founder, Brian Lauterbach, spent 15 years as a nonprofit fundraiser, consultant and entrepreneur. — Source: Dundee Venture Capital

 


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This story is part of the AIM Archive

This story is part of the AIM Institute Archive on Silicon Prairie News. AIM gifted SPN to the Nebraska Journalism Trust in January 2023. Learn more about SPN’s origin »

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