Saturday, December 14, 2024

Cuddly: Raises $4M In Series A Funding

  • Cuddly, a Seal Beach, Calif.-based mission-driven fundraising platform dedicated to helping animal welfare organizations worldwide, closed a $4m Series A funding round
  • The round was led by Lead Edge Capital
  • In conjunction with the funding, Zach Ullman, Vice President at Lead Edge Capital, will join Cuddly’s Board of Directors
  • The company intends to use the funds to accelerate the growth of its platform, to add fundraising consultants to support the organizations they serve
  • Cuddly enables animal shelters and rescue organizations to create product wishlists and fundraising campaigns so donors can give transparently by purchasing products or financially donating
  • The company has raised over $20M in product sales and monetary donations since launching in 2014 and has recently surpassed over 10,000 campaigns

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