fromTechCrunch
1 day agoThese 21-year-old dropouts raised $2M to build Givefront, a fintech for nonprofits | TechCrunch
Givefront, a YC-backed startup founded by 21-year-old Harvard dropout Matt Tengtrakool and UC Berkeley's Aidan Sunbury, aims to change that. The company is building a financial platform designed specifically for nonprofits, including food banks, animal rescues, non-governmental organizations, churches, and homeowner associations. Nonprofits generate roughly 6% of the U.S. GDP and contribute trillions of dollars each year, yet most still rely on outdated financial tools. Givefront believes that modern spend management, compliance, and reporting infrastructure-tailored to nonprofit realities-can unlock significant efficiency gains across the sector.
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