Redondo Beach, CA – According to filings with the U.S. Securities and Exchange Commission, Groundswell Giving is raising $13,214,985.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Jake Wood played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Groundswell Giving
Groundswell is a new type of financial service that uses powerful technology for better giving. Our product allows companies to create personal foundations for its employees and match employee contributions straight from payroll, like a 401K for giving. Groundswell then provides users with access to all of the tools available to ultra-rich philanthropists: tax-free investments to grow your impact, matching to the best non-profits for the causes you care about, frictionless donations, a unified picture of your impact over time, and a single tax receipt at the end of the year. It puts employees in the drivers seat of corporate philanthropy and empowers them to create world-wide impact. Our founding team has founded, sold, and IPOd multiple companies totaling billions of dollars in enterprise value. We have deep experience building and selling products to both consumers and enterprises. Comment start The company has raised $15 million in seed funding, led by GV (Google Ventures) and capable of offering competitive pay, benefits, and equity packages.

To learn more about Groundswell Giving, visit http://groundswell.io/

Contact:
Jake Wood, Chief Executive Officer
608-438-4551
https://www.linkedin.com/in/jakewood78/

SOURCE: http://www.intelligence360.io
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