Encast, with its slogan "Encast connects people by revolutionizing how relationships are built around shared values," aims to boost culture, brand, and connection within organizations. The company's flagship product, Encast Social Impact, focuses on highlighting people's passions, making it easy for organizations to develop employee and customer-centric programs. Encast's data-driven approach empowers organizations to make better, values-based decisions. Through Encast Social Impact, individuals have the flexibility to support over 1.8 million U.S. 501(c)(3) causes through volunteering, payroll deductions, and workplace grants. The platform's built-in intelligence learns and recommends, allowing even inexperienced donors to contribute like seasoned philanthropists. Notably, Encast is the world's first transaction-free donation platform for causes, ensuring that 100% of every donation goes to charity. It also simplifies the giving process by providing a single tax receipt at year-end, offering secure donations anytime, anywhere. Founded in 2014 and based in the United States, Encast secured a $2.25M Seed Round investment on March 11, 2016. Although the specific investors behind the latest funding round are not mentioned, this injection of capital underlines investor confidence in Encast's mission to redefine philanthropy and organizational culture.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | $2.25M | - | 11 Mar 2016 |
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