Groundswell, the innovative platform transforming corporate social impact, has successfully raised $10 million in its latest funding round. This substantial investment will enable Groundswell to enhance its all-in-one solution for managing donation matching, gifting, grants, employee assistance funds, and volunteer programs—all while significantly minimizing administrative burdens. With a mission to democratize corporate giving and empower the modern philanthropist within every employee, Groundswell’s unique offering includes tax-advantaged personal giving accounts that foster a vibrant culture of generosity in the workplace.
The newly acquired funds will be utilized to refine Groundswell's mobile app, ensuring that employees can easily engage in donation and volunteering initiatives, regardless of their location—be it out in the field or behind a service counter. Founded by a team of seasoned social entrepreneurs and headquartered in Los Angeles, CA, Groundswell is already making waves in the social impact realm, backed by prominent investors like GV, Human Ventures, Felicis, and Moonshots Capital. This funding milestone marks a significant step towards realizing Groundswell's vision of creating a seamless, inclusive, and effective giving experience that inspires employees at all levels to contribute to causes they care about. As businesses increasingly prioritize social responsibility, Groundswell stands at the forefront, ready to lead the way in modern philanthropy and transformative corporate giving strategies.
