“I’ve found Europeans to be intensely interested in their communities. Rally.org is perfectly suited for this market" - Tom Serres, CEO Rally.org
San Francisco, CA (PRWEB) February 07, 2013
Rally.org, recognized this week as one of Forbes Magazine’s Most Promising Companies for 2013, today announced the European launch of its social fundraising platform. Alongside of international expansion, today Rally.org also unveiled RallyPad Berlin, its European-based office and startup incubator.
Headquartered in San Francisco, Rally.org already enables 4.5 million global users to raise money, share stories, and connect with supporters. The European launch marks the first time the technology company will process international currencies, initially in Euros, with the intention of expanding to the Pound.
With 2013 projected to be “the year of crowdfunding” in Europe, Rally.org arrives on the continent having bet its own future on online fundraising - and winning big. In June 2012 the startup made history by closing its $7.9 million Series A round of funding online. The round was joined by Relay Ventures, Mike Maples of Floodgate Fund, Reid Hoffman of Greylock Partners, Kevin Rose of Google Ventures, Craig Shapiro of Collaborative Fund, and Angel investors: Michael Birch of Bebo, Tim Ferriss, Eric Ries, among others. As one leading tech publication put it, Rally.org’s founder decided “to put his desired-money where his mouth was and raise the cash online.”
Rally.org’s easy to use storytelling platform empowers both technical and non-technical users to build awareness and raise funds on a large scale for causes that matter. To date, Rally.org has enabled over 23,000 individuals and causes to share and broadcast their passions, provide solutions to problems, leverage their social networks, and mobilize their communities.
Social entrepreneurship and social innovation have grown prominent in Europe, but Rally.org aims to support individual social action through fundraising, a pursuit aligned with European sensibilty. “Whether it’s the local football team, student clubs, or poverty-fighting organisations, I’ve found Europeans to be intensely interested in their communities.” says Rally.org CEO and co-founder, Tom Serres. “Rally.org is perfectly suited for the changing European market because it’s a platform that empowers new efforts to raise funds and awareness for causes that matter. We’re confident that we can democratise fundraising in the EU, just as we did in the US.”
The European expansion will launch today as a limited beta program. All European users will be able to open an account and accept Euros. Initially, Rally cause leaders will need a German based bank-account to receive funds. International entrepreneurial network Startup Weekend, music resource-sharing company Muzup, and social relocation community G1OBALS, all based within the Berlin incubator, will be the first to use the product along with those rallying for the preservation of Berlin’s princesses garden, Prinzessinnengarten. Concurrently, RallyPad is hosting Rally GiveCamp from the 8th-10th, a weekend-long event where technology professionals donate time to help causes with their web-presence.
Rally (rally.org) is an online social fundraising platform that harnesses the power of storytelling, making it easy to raise more money for what matters. Through a streamlined donation process, Rally.org helps you grow your network of supporters as you turn each donor into a potential fundraiser. These champions can share your story through Facebook, Twitter, or email, and even create their own personalized version of your page. Rally provides tools to process donations and analyze successes, making fundraising easy for everyone.