VolunteerSpot Raises $1.5M Financing

It’s a great week for fundraising in Austin with Skyonic raising $9M, Rally raising $7.9M and VolunteerSpot raising $1.5M. The company creates online volunteer tools designed to help busy moms, teachers and nonprofit leaders easily mobilize and coordinate volunteers in their communities. Led by ff Venture Capital of New York, with participation from members of the Central TX Angel Network, Nebraska Angel Network, Angel List and Baylor Angel Network, VolunteerSpot expects to double its user base during this year’s back-to-school season.

VolunteerSpot provides a powerful coordination tool and cause-marketing platform that makes it easy for anyone to organize volunteer-led activities for schools, teams, faith groups, and nonprofits. Replacing a frustrating and antiquated communication process of “reply-all” email chains, clipboard signup sheets and spreadsheet juggling – VolunteerSpot has quickly spread from mom-to-mom and group-to-group, to more than 1.5 million users nationwide. With this new financing, VolunteerSpot will advance its product capabilities and extend its reach to more communities across the country – targeting America’s 70 million volunteers, moms and teachers.

“VolunteerSpot makes giving of your time, talent and money easy for our legion of power moms, teachers and community coordinators who drive the lion share of volunteer activities in this country,” said VolunteerSpot CEO, Karen Bantuveris. “As a result of each successfully coordinated event or group, and the volunteers who benefit firsthand from the efficiency and ease of using our online tools, we are seeing VolunteerSpot grow at a break-neck clip and expect to double our user base during this year’s back-to-school season.”

“VolunteerSpot has tapped into a highly desirable demographic and created an accessible solution to a long-time vexing problem,” said John Frankel of ff Venture Capital. “ff Venture Capital appreciates VolunteerSpot’s unique approach to both the mom-focused and cause-marketing markets and sees huge potential in their business.”

Last month, VolunteerSpot powered Keller William’s Reality National RED Day of Service with local volunteering initiatives that involved more than 30,000 associates nationwide. VolunteerSpot was recently named by Inc. Magazine as one of the “Top 10 Time-Saving Apps and Websites for Moms” and received the Cool Mom Picks Editors Tech Best of 2011 “Coolest Websites Award.”

VolunteerSpot’s easy online sign-up sheets and scheduler saves time, streamlines communication and makes it simple for more people to get involved. For parent groups, teams, teachers, faith groups and small nonprofits, VolunteerSpot is often the primary and exclusive volunteer coordination tool. For large nonprofits, VolunteerSpot powers the ground-level teams, corporate captains and board members working on key volunteering initiatives and fundraising events.

About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the CEO of Mahana. He is a co-founder of Capital Factory, an investor and advisor, and runs the popular Austin Tech Happy Hour with his wife.