An Ithaca, New York, company with deep Cornell roots has acquired a national competitor.
GiveGab, a fundraising and engagement platform for nonprofits founded by Cornell MBAs, has acquired Kimbia, which has helped its clients raise more than $1 billion since 2007.
GiveGab cultivates relationships between nonprofits and their supporters by providing online fundraising, donor management, supporter engagement and giving day events.
The acquisition brings GiveGab closer to its goal of becoming the largest charitable software platform and supporting 40,000 nonprofits, the company said in a statement.
GiveGab was founded in 2013 by CEO Charlie Mulligan, MBA ’11, and chief operating officer Aaron Godert, M.Eng. ’05, MBA ’11, who began collaborating on the idea as MBA students. The board of directors includes former Cornell president Hunter Rawlings.
The company was one of the first members of Rev: Ithaca Startup Works, the Ithaca business incubator supported in part by Cornell.
“GiveGab has quickly grown into a community leader and employer and is an example of how New York state’s support for university incubators can assist entrepreneurs at critical stages in their development,” said Ken Rother, director of Rev. “Now, just a few years later, they are acquiring a business elsewhere to expand in Ithaca.”
GiveGab provided the technology for Cornell Giving Day last year, processing more than $6.3 million from 8,640 donors. The company is set to host Cornell Giving Day 2018 this spring.
- Susan Kelley