Toronto, Canada – July 25, 2019 – Maple Leaf Angels is delighted to announce its members’ investment in Wisely, a Toronto-based startup that provides an AI-powered productivity solution for not-for-profit fundraisers. Wisely’s $1.5 million CAD round of investment was led by Ripple Ventures and also saw participation from Verstra Ventures.
Prathna Ramesh, Managing Director of MLA said, “Maple Leaf Angels is pleased to support Wisely and contribute to the growth of technology within the not-for-profit sector. We have been very impressed with the co-founding team and look forward to being a part of their scaling roadmap to increase fundraising success for their clients.”
The funding will be used towards expanding their operations in North America and advance philanthropic fundraising through machine learning and AI.
Artiom Komarov, CEO and co-founder, noted, “Wisely is thrilled to have Maple Leaf Angels members join us in this round. We hope to leverage the investors’ strategic support in our attempt to disrupt the fundraising sector.”
Wisely works with nonprofit organizations, educational institutions, foundations, and charities across North America including UNHCR, St. Joseph’s Health Centre Foundation, Kids Help Phone, and Oakville Hospital Foundation. There are approximately 1.8 million nonprofits operating across North America.
Maple Leaf Angels enable high potential companies to grow, realize their potential, and offer excellent returns by bringing together investment, experience, and a network of partners. To date, our members have invested over $33 million in 55 companies across Canada. Our members have seen 14 collective exits within the MLA portfolio. We offer Curbside Mentoring events and weekly complimentary Office Hours to connect the brightest, most passionate entrepreneurs with our accredited investors in a streamlined process. www.mapleleafangels.com
Wisely helps nonprofits accelerate their fundraising simply and more efficiently through leveraging artificial intelligence. Wisely’s intuitive solution adapts to and integrates with existing donor data to create customized, scalable plans that allows fundraisers to discover how much to pursue, from whom and when. Founded in 2017, Wisely provides technology and services to philanthropic organizations, allowing nonprofits, charities, educational institutions, hospital foundations, and healthcare organizations grow their revenue.
Managing Director, Maple Leaf Angels