GiveTide joins global network of startups
JUNE 3, 2020 - Yesterday, GiveTide was selected to participate in the MassChallenge Boston 2020 accelerator program. GiveTide was one of over 1,100 other startups to apply for the accelerator located in Boston, and one of just 11 Social Impact startups to be accepted.
"We are thrilled and honored to have been selected as a finalist of the MassChallenge Boston 2020 cohort," said Pete Ghiorse, Co-Founder & CEO of GiveTide. "This opportunity will help us accelerate our mission of democratizing social impact, and comes just before our biggest product release to date."
As the flagship program, MassChallenge Boston accelerator supports more than 100 early-stage startups across industries and from regions around the world. Acceptance into the competitive program offers unmatched access to top experts, corporate partners, evidence-backed programming, and more. At its culmination in October, top startups have a unique opportunity to compete for up to $1M in cash prizes at the annual MassChallenge Awards.
Founded in 2017 by brothers Pete and James Ghiorse, GiveTide is a mobile fundraising tool designed to connect U.S. nonprofits with tech-savvy mobile donors. The flagship feature of the GiveTide mobile app lets users donate the “spare change” on their everyday purchases (e.g. $0.50 on a $3.50 cup of coffee) and make one-time and recurring donations (e.g. $25/month). Joining as a nonprofit is free and takes 5 minutes.
To date, the GiveTide app has raised tens of thousands of dollars for hundreds of U.S. nonprofits, and has been recognized in the Apple App Store, Forbes, and the Oprah Magazine.
MassChallenge is a global network of zero-equity startup accelerators. Headquartered in the United States with locations in Boston, Israel, Mexico, Switzerland, Texas, and the UK, MassChallenge is committed to strengthening the global innovation ecosystem by supporting high-potential early stage startups across all industries, from anywhere in the world. To date, more than 2,400 MassChallenge alumni have raised more than $6.2 billion in funding, generated over $3 billion in revenue, and created over 157,000 total jobs. Learn more about MassChallenge at masschallenge.org.