London based provider of digital fundraising solutions for the education and nonprofit sectors, Hubbub, has earned $1m for placing runner up at the 2016 VentureClash. Toronto based cloud payment startup Dream Payments took first place and an investment of $1.5m
The company intends to use the funds from the prize to expand operations into the USA, setting up a presence in Connecticut, building a team and discovering new opportunities in the higher education and nonprofit fundraising sector. Led by Jonathan May, CEO, Hubbub provides digital fundraising solutions for the education and nonprofit sectors to deliver mass engagement, participation and fundraising campaigns through mobile, web and social media. Products include white-label crowdfunding platforms, which engage donors and connect them to projects they care about; data analytics software to help clients identify and connect with potentially high-value donors; and giving days to bring donors onboard and raise money quickly.