Engiven

Engiven's enterprise donation platform empowers nonprofit organizations to securely accept and exchange cryptocurrency donations.Engiven was founded to help the nonprofit community gain access to the financial and strategic benefits of cryptocurrency donations.  We are a team of technologists, designers and communicators that believe cryptocurrency is an important new asset that can greatly impact social causes and the global nonprofit community.  Our platform greatly reduces the complexity involved in accepting and exchanging crypto. Engiven's founders have a successful track record of developing technology-based fundraising products. Their most recent company, Mogiv.com, was an early text-to-give and donor management application, which was acquired in late 2016.  After a year of research into blockchain and cryptocurrencies, they founded Engiven with a mission to become the top cryptocurrency giving platform in the US and abroad.On the Engiven platform a nonprofit organization can quickly sign up, become verified via a KYC/AML process and then begin accepting cryptocurrency donations.  They can also immediately convert the crypto into fiat and the funds are deposited into their bank account via banking ACH.   Engiven charges an annual fee to accept unlimited donations and a transaction spread fee for exchanging crypto to fiat, usually between 3%-8% of the total transaction size.  Engiven's transaction spread is a significant improvement over standard credit donation fees which typically are capped around 2.9%. Engiven has currently partnered with 25+ nonprofit organizations (beta group) and intends to begin marketing to the general nonprofit community in Q3, 2020.  Our focus areas with the beta group is to better understand their crypto-awareness, technical knowhow, ability to communicate to donors and donor demand.

Founded by two entrepreneurs who have a successful track record building a nonprofit donor management application and whose last company in the space was acquired in October 2016
Fully functional crypto donation platform currently being used by 25+ nonprofit beta clients
Helped facilitate a donation commitment of more than $1 million in BTC to one of its nonprofit clients where 20% of this pledge has already been paid out
Beta users include two of the largest churches in America
Registered with FinCEN as a Money Services Business

James Lawrence
CEO
James was most recently the Co-Founder & CEO of Mogiv, a mobile and cloud-based giving technology for nonprofit organizations. Mogiv was acquired by Ministry Brands in October 2016. James also served as the Chief of Staff + Innovation of San Diego Rock Church, one of the largest churches in America. James founded GrepNet, a software engineering company that commercialized in-memory database technologies and built software products for global companies and the US Government. GrepNet was acquired in 1999 and was again acquired by McAfee/Intel in 2012 as Nitro Security. As an experienced product and systems designer, James has overseen the development and launch of numerous consumer and enterprise software products used by both public and private audiences around the globe.

Matt Hayes
President, Chief Compliance Officer
Matt was most recently the CIO at the Rock Church, one of America’s largest churches. Prior to that, Matt was Co-Founder & COO of Mogiv, a mobile and cloud-based giving technology for nonprofit organizations. Mogiv was acquired by Ministry Brands in October 2016. Matt also served as President of Ecolite USA, a clean technology company that developed pre-engineered building solutions to the US Dept. of Defense and commercial building industry. Matt also served as CEO of Kwikweb.com, a publicly-traded software development company in the domain registration space (symbol KWEB).

Round type: Seed Round size: US $1,000,000 Minimum investment: US $1,000 Target Minimum: US $325,000 Security Type: Preferred Equity Share price: US $2.95 Pre-Money valuation: US $5,000,000 Is participating?: False Liquidation preference: 1.0x