Omaze raises $9M in Series A

What does Omaze do?

Omaze, is a charitable giving platform, which offers a once in a lifetime experience which also support social missions and charitable causes. This platform provides a chance to win once in a life time opportunity such as hangout session with the cast of your favorite show or a trip to somewhere which you have always been wishing for.

How much Omzae was funded?

Omaze has raised  $9M in Series A funding on July 15, 2015 from FirstMark Capital (Lead), Crosscut Ventures, Adam Press, David Gilboa, Dave Leyrer, The Tornante Company, ff Venture Capital and Vayner/RSE

Previous funding

$1M in Angel round on July 23, 2012 from David Gilboa, Paige Craig and Kevin Wall

Undisclosed amount in Series A funding on April 1, 2014 from Crosscut Ventures, Saturn Partners, ff Venture Capital and Vayner/RSE

What is next for Omaze?

This charitable giving platform has raised a total of $10 M in funding to date. The company plans to use the latest funding raised for extending its cause marketplace for including a self serve platform which helps any school, congregation or a charity to use Omaze experiences for raising money for themselves.

More about Omaze

Omaze was founded in 2012 by Ryan Cummins and Matt Pohlson. It has its headquarters in Santa Monica, CA. It has reinvented the traditional model of auction. It raises awareness and money for causes by providing a chance to win a one time in life experience, which can include a role in an upcoming blockbuster movie or have a legendary singer sing at your party.  However, this is different from the regular auctions in which only the rich can donate money for meeting their favorite celebrity. This company provides access to such interactions by allowing anybody to donate ten dollars for a chance at winning. It helps in raising 20 times more money than the regular charities.