Gigawatt
Location: 55 E 3rd Ave , San Mateo , California, United States, 94401 , United States
Founded in: 2012
Stage: Revenue generating
Number of employees: 1-5
Funding history:
- Date: 12/2013, Seed: $15 k (post valuation: undisclosed amount).
Short URL: vator.co/gigawatt
Followers (52)
Testimonials

I've worked with Gigawatt over the last 3 months and the team has both shown great product competence and passion for solving a problem. I highly recommend you take a deeper look into Gigawatt.

Gigawatt

Powering the Future
Startup/business
California, United States United States
https://www.gigawatt.co/
2
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Company description

Gigawatt is a crowdfunding platform that specializes in "blitz fundraising" and helps groups hit their goals quickly with exciting 24-hour giving campaigns. We developed our "24-Hour Formula" when we raised over $150,000 for Muhlenberg College (PA) in 24 hours.

Our 24-hour crowdfunding platform creates excitement and it feeds to the short attention spans of Millennials. Once 24 hours is up, these campaigns disappear forever... We're pretty much "SnapChat for Crowdfunding." We've built the only platform with automated crowdfunding and team collaboration tools, which makes Blitz Fundraising possible. Each "Blitz" follows a pre-launch plan that helps teams raise money efficiently and fast. 

Gigawatt’s founding team graduated from Lehigh University and lived together while participating at the Boost.VC accelerator program. We've built a strong relationship founded upon complementary skills. Greg Horn has over five years of consultative technology sales experience. Jacob Katzen is a full-stack developer specializing in web app development. Jake Huber is an MBA candidate and previously worked at and led teams at Ernst & Young.

We were accepted into the Boost.VC Accelerator (backed by Tim Draper) and recently finished its three-month program in San Mateo, CA. Now that we're out, we're looking for a new home in the Oakland/East Bay area to settle down and grow our business.




Team
  • Greg Horn
    Greg Horn | Founder
    CoFounder & CEO at Gigawatt. 5 yrs consultative tech sales & biz dev at Nuance. Formerly Exec boards of Lehigh's COACH program & Student Athlete Leadership Council. Currently Make-a-Wish Young Pro's Board. Travel addict and rugby player.
  • Jacob Katzen
    Jacob Katzen | Founder
    Jacob Katzen - Co-Founder & CTO of Gigawatt. I believe that technology should always be helping people achieve their goals. Especially ones they could not have achieved without it.
  • Jake Huber
    Jake Huber | Founder
    Co-Founder & COO at Gigawatt, a company that is changing the future of online fundraising. Boost.VC alum. MBA candidate. Strong finance and consulting background (EY; SBDC) serving clients ranging from solo entrepreneurs to Fortune 100 corporations.
Business model

Gigawatt charges a 5% transaction fee on every donation processed through the platform. This is on top of standard credit card processing fees.

Competitive advantage

One of our biggest advantages is our expertise in crowdfunding, specifically with 24-hour blitz fundraising. We developed our "24-Hour Formula" when we raised over $150,000 for Muhlenberg College (PA) in 24 hours. While other crowdfunding platform only offer ideas about running a crowdfunding campaign, we've built tools around and automated the process that makes a 24-hour campaign successful.

Investors
Investor Deafult Image
Adam Draper - Unconfirmed