October 02, 2024
Houghton and her co-founder, Connor Ford, have successfully raised $2 million for their startup, Infinite Giving. This financial technology platform assists small and mid-sized nonprofits in receiving cash and donations of assets like stocks and cryptocurrency, managing reserve funds, and making conservative investments. As a registered investment adviser, Infinite Giving helps nonprofits manage funds through brokerage accounts and establish endowments.
Project | Latest Raise | Latest Raise Date | Lead Investor | Category |
|---|---|---|---|---|
Infinite Giving | $2M | October 02, 2024 | Atlanta Ventures | FinTech |
The investment round was led by Houghton’s former employer, Atlanta Ventures, along with Morgan Stanley and Texas-based venture firm Cubit Capital. David Cummings, founder of ATV and Atlanta Ventures, is on the board of Infinite Giving, and the company has recently been accepted into a Morgan Stanley accelerator.
With the new $2 million funding, Houghton plans to hire engineers and expand the company through new partnerships. Currently, Infinite Giving has eight employees and operates out of ATV.
About Infinite Giving
Infinite Giving is a financial technology platform designed to help nonprofits manage their finances more effectively. It allows small and mid-sized nonprofits to receive donations in various forms, such as cash, stocks, and cryptocurrency. The platform also helps these organizations manage their reserve funds and make conservative investments. As a registered investment adviser, Infinite Giving provides tools for nonprofits to handle their funds through brokerage accounts and establish endowments, ensuring long-term financial sustainability.
Website: https://www.infinitegiving.com/
About Investor
Investor: Atlanta Ventures
Atlanta Ventures is dedicated to empowering entrepreneurs by providing them with the resources they need to succeed. They help launch new companies and support leaders with ideas, funding, educational resources, and a strong community, especially in the Southeastern United States. Their goal is to systematically start and grow successful subscription-based businesses, combining talented entrepreneurs with proven methodologies to create impactful companies.
Location: Atlanta, GA
Website: https://www.atlantaventures.com/
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