2017 has been a big year for uBack. And it’s only February.
Last month, we unveiled a new and improved website. Now this month, we’re excited to announce an exciting step in the growth of our company — one that will allow us to serve more companies, nonprofits and donors and continue to bring cutting-edge innovation to the giving process.
We recently closed a Series A round of funding, led by Atlanta Seed Company, raising $2 million to fuel our growth, build out our technology and add talent to our fast-growing team.
It constitutes a huge vote of confidence from the investor community. They believe in what we are building, and they are eager to be a part of the process. This is how Jamie Hamilton, managing director of Atlanta Seed Company, put it:
“Atlanta Seed Company is constantly attracted to big ideas targeting big markets. uBack fits this bill; and when you combine uBack’s product, the market size and a top-notch executive team, you have the recipe for success.”
Here’s what our co-founders had to say about the news:
“To see our idea gain traction among donors, nonprofits and companies has been hugely gratifying. Now that members of the investment community see the disruptive and revolutionary potential of our social impact platform, we are thrilled to put their resources to use to build something that can change the giving conversation and truly change the world.” – Melissa Bodford
“We believe in the power of technology to change the world. Not only does it give us the simplicity we crave, but it also fosters the collaboration and community connections that allow us to make an impact on a grand scale. With this round of funding, uBack is poised to take our technology to the next level.” – Kaitlin Reimann
When uBack grows, so can the philanthropic impact of companies and nonprofits around the country. For us, that’s what it’s all about.
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