Hatch Raises $3M to Enhance AI-Powered Donor Engagement

Hatch Raises $3M in Seed Funding

Hatch Raises $3M in Seed Funding

Key Highlights:

  • Company Overview: Hatch is a NYC-based provider of AI-powered donor engagement solutions for nonprofits.
  • Seed Funding: Raised $3 million in seed funding led by Differential Ventures, with participation from Character, Howard Morgan, and angel investors.
  • Product Development and Growth: Funds will be used to accelerate product development, expand the team, and grow the customer base.

Hatch's Target Market

  • Nonprofit Organizations: Targeting nonprofit organizations looking to enhance donor engagement and raise more funds.
  • Fundraising Professionals: Fundraisers and marketers in nonprofits seeking data-driven solutions to personalize outreach and maximize giving potential.
  • Donor Management: Organizations looking to unify and enrich their donor data to build comprehensive donor profiles.

What Hatch Needs to Buy

  • Data Enrichment Services: Partnerships with trusted third-party sources to enrich donor data with wealth signals, social data, and lifestyle insights.
  • AI and Data Analytics Expertise: Collaborations with AI and data analytics experts to enhance the AI-powered donor engagement platform.
  • Marketing and Sales Support: Services to support marketing and sales efforts, including lead generation and customer acquisition.