Shop & Support: Shop & Support is an innovative e-commerce platform that disrupts traditional revenue generation by effortlessly channeling a percentage of consumer purchases to their chosen charities. Founded in 2013, the platform operates at the intersection of commerce and social impact, providing a win-win solution for both charities and businesses. Nonprofits and merchants collaborate without directly endorsing each other, as consumers have the flexibility to select the charities they wish to support.
Shop & Support's proprietary sales tracking operates seamlessly both in-store and online, ensuring all parties involved have the opportunity to benefit. What sets Shop & Support apart is its business model, wherein nonprofits and consumers participate free of charge, and merchants pay based on performance. This sustainable, accountable, and straightforward approach embodies the essence of doing good with ease.
The company's value proposition has also captured the attention of investors, with the most recent Convertible Note investment at 18 February 2014 coming from Serra Ventures. Shop & Support presents a promising opportunity in the e-commerce industry, leveraging technology to drive social impact while creating a lucrative business model for all stakeholders involved.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Convertible Note | Unknown | 1 |
|
18 Feb 2014 |
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