Enthuse secures £3.5m Series A funding led by Praetura Ventures to scale operations.
The Manchester based venture capital fund led the round alongside existing backers to support team growth and international expansion.
Enthuse provides white-labelled donation, fundraising and event management tools designed to keep charities in control of their own brand and data. The platform supports thousands of organisations across the sector.
Enthuse has secured £3.5m in a Series A funding round led by Praetura Ventures, alongside a consortium of existing backers. The capital will be deployed to broaden the company product suite, pursue international expansion and double headcount to 100 employees.
The Manchester based venture capital fund invests in high-growth early-stage businesses. This latest injection brings total funding raised by the donations platform to £7.5m.
From the founder
"From day one we have been committed to transforming digital fundraising by putting charities first. Our products put charities front and centre to enable them to raise more for their cause. This investment will play a crucial part in our journey to be the number one for charity fundraising in the UK and beyond, by helping us to rapidly scale our team and roll out new products to help the third sector."
Chester Mojay-Sinclare
Founder and CEO at Enthuse
Investor perspective
"We’ve been really impressed with the ambition and expertise of the management team at Enthuse. The team has a clear strategy and growth plan, and a real focus on helping charities better connect with their supporters."
Sim Singh-Landa
Head of the GMC Life Sciences Fund by Praetura, Praetura Ventures
Use of funds
- 01Continue product development
- 02Expand into international markets
- 03Grow the team