Crowdfunding Platform Razoo Reaches $100 Million Milestone

Posted on August 18, 2012

Razoo, a crowdfunding platform for charitable causes, has announced that its online community has raised a total of $100 million for some fourteen thousand nonprofits — more than half of it over the last nine months.

Since 2009, the organization has hosted fifteen "Giving Days" — twenty-four-hour online fundraising competitions — across the country. To mark the $100 million milestone, Razoo is holding a $100 Million Celebration Sweepstakes on its Facebook page, in which supporters can help win prizes of up to $2,500 for a hundred nonprofits.

"Reaching the $100 [million] milestone is just the beginning," said Razoo CEO Lesley Mansford. "The opportunity and Razoo's vision is to build a global giving community focused on the donor, providing a unique experience that is fun, meaningful, and ultimately life-changing. Our belief is that the joy of giving belongs to everyone."

“Razoo Reaches $100 Million in Donations!.” Razoo Press Release 8/15/12.

“Razoo, Fastest Growing Crowdfunding Site For Causes, Hits $100M Milestone.” Razoo Press Release 8/14/12.

Primary Subject: Philanthropy and Voluntarism
Location(s): National

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Related Links
•	The Sustainable Nonprofit: Microgifts and Impulse Giving Online (4/21/12)
•	Giving Challenge Raises $2.4 Million for Southwest Florida Nonprofits (4/03/12)
•	Online Giving Is Fastest Growing Fundraising Channel, Study Finds (3/17/11)
•	Online Giving Up Significantly in 2010, Survey Finds (2/20/11)

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