Location: New York City, New York, United States United States
Founded in: 2015
Stage: Revenue generating
Number of employees: 1-5
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New York City, New York, United States United States
  • About
Company description
Bstow was founded in 2015 with a mission to change the way people donate through everyday acts of giving. Our platform automatically rounds up users’ everyday purchases to the whole dollar and donates the difference to their chosen nonprofit. With the most secure and seamless round-up technology in the market, Bstow provides companies and organizations with the next generation of fundraising tools that streamline the donation process, engage donors, and increase brand loyalty. Bstow targets millennials who want to wage immediate change for good and are looking for easier ways to donate. We help nonprofits meet millennial supporters where they are — 84% of millennials prefer to donate online — by tapping into their insatiable appetite for new tech as well as their preference for set-it-and-forget-it financial tools. The average monthly donation on Bstow is $25, and nonprofits are seeing donor retention rates unheard of in the sector: 91% on Bstow versus the 44.5% sector average. This is game changing for nonprofits faced with donor fatigue, restricted funding, low donor retention rates, and month-to-month revenue uncertainty. Automated donations break down these obstacles, allowing nonprofits to raise more donations, plan ahead, and allocate funds where they are needed most.