Resilia, a SaaS platform, said today that it has raised $35 million in a historic series B investment to help NGOs boost their day-to-day capabilities and funders amplify impact with resources that go beyond monetary grants. Panoramic Ventures and Framework Venture Partners co-led the investment.
Mucker Capital, Callais Capital, Cultivation Capital, Engage Ventures, SoftBank Group’s SB Opportunity Fund, Kimble Ventures, The Jump Fund, and Fearless Fund are among the returning investors. Goldman Sachs Asset Management Fund, Chloe Capital, Gaingels, Mana Ventures, and others are among the new investors.
Resilia, which was founded in 2017, boasts over 15,000 nonprofit and enterprise customers, including Oxfam America, the Robert Wood Johnson Foundation, Goldman Sachs’ One Million Black Women Initiative, Silicon Valley Community Foundation, US Tennis Association Foundation, and The Boston Foundation. communication and learning, technology, cooperation, or DE&I
The latest funding will be used to scale Resilia’s technology platform and expand access to the sector by bringing more North American organizations into its ecosystem—it comes at a time when 86% of U.S. grantmakers support nonprofit capacity-building through investments in areas such as leadership development, fundraising, evaluation and learning, communications, technology, collaboration, or DE&I.
Resilia provides technical assistance, coaching, and capacity-building support to charities and donors, allowing them to go beyond their grant allocations in a system that supports changemakers at every level. The company has grown its annual sales by more than 300% while increasing net revenue retention by more than 150%.
