Company Research Report: Change
Company Overview
- Name: Change
- Mission: To increase charitable giving by empowering businesses to make a tangible impact today. Change aims to incorporate digital donation options into business strategies to maximize their impact.
- Founding Year: No information is available
- Founders: No information is available
- Key People:
- Ann Bordetsky, NEA
- Torey Heinz, Director of Risk Management and Compliance, Bonfire
- Jill Moore, Director of IT & Compliance, Copilevitz, Lam & Raney
- Ted Singley, Director of Jackpocket Live
- Jonathan Bradbury, VP of Ecommerce at Nature’s Bakery
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Providing a comprehensive donations and compliance solution for businesses to ensure smooth and secure charitable contributions and legal compliance.
Products
- Donations Platform:
- Description: A digital platform enabling businesses to donate to over 1.3 million vetted nonprofits easily and securely.
- Key Features:
- Simplifies the process of donating to nonprofits.
- Ensures secure and timely distribution of funds.
- Provides critical donation tools for thousands of nonprofits.
- Compliance Solution:
- Description: Automates legal filings and compliance for giving campaigns.
- Key Features:
- Keeps track of fast-moving state laws governing giving campaigns.
- Automates necessary legal processes such as filings, bonds, or agreements.
- Ensures businesses remain in good legal standing.
- Dashboard:
- Description: A secure centralized hub for managing all charitable activities.
- Key Features:
- Centralizes information regarding donations, nonprofits supported, and legal documents.
- Facilitates collaboration among legal, business, and nonprofit partners.
- Collaborative Platform:
- Description: Enhances teamwork in organizing impactful giving campaigns.
- Key Features:
- Facilitates collaboration between legal counsel, business experts, and nonprofit leaders.
- Streamlines operations for launching charitable missions.
Recent Developments
- New Products Launched:
- SOC 2 Type II Certification: Enhancements in security and compliance measures ensuring the protection of client data and safeguarding of charitable campaigns.
- New Features Added:
- Security Enhancements:
- SOC 2 Type II certification, ensuring compliance with high-security standards.
- Encryption and data backup measures have been bolstered for enhanced data security.
- Partnerships:
- Partnership with Bonfire to automate charity payouts and streamline donation reporting.
- Collaboration with Member for a Day to transform charitable golf auctions.
- Partnership with Fandiem to support artists' charitable endeavors.
- Investment Highlights:
- Raised $5 million in seed funding from prominent investors and current/former senior executives from companies like Google, Twitter, GoFundMe, and more.
- Advisory Board:
- Former Director of AmazonSmile, Sachin Shah, joined the Change advisory board.
- Awards and Recognitions:
- Change was featured as a Leading 100 company for its innovative approach to charity and compliance solutions.
- Recognized in Forbes 30 Under 30 for Social Impact.
Conclusion
Based on the available data, Change is a pivotal player in the industry of charitable donations and legal compliance, offering a secure, robust platform that streamlines these processes for businesses and nonprofits alike. Maintaining a strong focus on security and compliance, Change continues to build strategic partnerships and enhance its solutions to meet the evolving needs of modern-day charitable activities.
