Thursday, August 13, 2020

Omaze Raises $30M In Series B

Los Angeles-based Omaze, which operates an online fundraising platform for charities, has raised $30M in a Series B funding round. The funding was led by FirstMark Capital, and also included Causeway Media Partners, BDMI, Tusk Ventures, Inherent Group, Gaingels, Penni Thow's Copper and Guy Oseary. According to Omaze, it will use the funding to expand its "experience categories" and accelerate international growth. Omaze offers up "celebrity experiences"--where donors get to meet and talk with celebrities, as well as limited edition vehicles, homes, and travel prizes. The company says that some of the prizes it has offered include a Lamborghini blessed and signed by Pope Francis, a custom tiny home and a waterfront dream home in Miami. The company is led by CEO Matt Pohlson; the company says it has supported more than 350 charities to date, with $130M netted for those charities.