Koalect & RaiseNow: A Strategic Merger Set to Transform European Digital Fundraising

Koalect is revolutionising the landscape of crowd engagement. Recognising that every organisation boasts a distinct crowd, Koalect has meticulously crafted a suite of tools to unlock and amplify this inherent potential. Their platform offers various modules, from donation-based crowdfunding to crowdsourcing and crowdvoting. Beyond its robust offerings, Koalect empowers organisations with a user-centric back-office, enabling them to independently launch campaigns and glean invaluable insights into their performance and supporter dynamics. Flexibility is at the heart of Koalect's ethos, with its API designed for seamless integration with an organisation's preferred technologies. This adaptability extends to design, allowing organisations to tailor the platform's aesthetics and tone to resonate with their brand.

Both teams are deeply passionate about their customers and their overarching mission. We share a vision of a just world where everyone has equal access to essential resources, education, and freedom. By integrating our cultures, we aim to amplify our impact.

RaiseNow clients will gain access to Koalect's innovative solutions and benefit from our expertise across more European markets. Suppliers and partners will be working with the most extensive R&D team in Europe dedicated to this field, promising innovation at an unprecedented scale.

We are strategically positioning ourselves to expand our presence in Europe, specifically Belgium, France, Netherlands, and Luxemburg.

Yes, RaiseNow clients will gain access to Koalect's suite of solutions, enhancing a diverse array of modules, encompassing everything from donation-based crowdfunding to crowdsourcing and crowd-voting.

No, there are no plans to change the names of RaiseNow or Koalect. However, Koalect will become a part of the RaiseNow team.

No, there are no immediate plans to change the pricing of products from either RaiseNow or Koalect. We encourage you to contact your respective consultant for detailed information and assistance with any specific inquiries or further questions regarding pricing.

Both companies value the unique offerings they bring to the table, and the intention is to leverage the strengths of both to serve our clients better. We will consolidate our engineering and harmonise our offering if there are overlapping features or redundant services.

Post-merger, we are expanding our operational footprint to include three primary office locations: Zürich, our headquarters; Berlin, in Germany; and Genval, in Belgium. The Koalect team will continue to operate from their current location in Genval.

Furthermore, our commitment to a remote-first setup remains unwavering. This approach gives our teams the flexibility and freedom they value, allowing them to adapt to individual needs and ensuring we can attract and retain the best talent irrespective of geographical boundaries..

The merger with Koalect goes beyond just expanding our market reach and sharing resources; it's a strategic move that aligns perfectly with RaiseNow's mission and vision for the future. Here are the strategic benefits of this merger for RaiseNow:

Deepening Mission Alignment:
This merger amplifies our commitment to offering solutions to all clubs, charities, and nonprofit organisations, harnessing the power and synergies of our partner ecosystem.

Technology and Portfolio:
Our technology is designed to increase touchpoints with supporters, offer the most relevant payment methods, and reduce inefficiencies in fundraising. By merging with Koalect, we can offer a broader range of solutions and services.

Partner Ecosystem and Marketplace:
We recognise that we must operate in collaboration to accelerate our growth. This merger bolsters our strategy to build a marketplace where partners can easily connect, acting as multipliers and selling our products.

Scaling for Excellence:
To be the best in class, it's imperative to scale both the product and the company. This merger allows us to transition from merely growing to genuinely rising. We will have the largest R&D team in Europe for digital fundraising; we are in a prime position to innovate the market.

Expanding Product Portfolio:
Our product already covers end-to-end fundraising and payment solutions for all customer segments in the nonprofit sector. With this merger, we can diversify our offerings ensuring we cater a larger portfolio to a broader clientele.

In essence, this merger is a pivotal step in RaiseNow's journey, ensuring we remain at the forefront of innovation, expand our reach, and continue to serve our clients with unparalleled excellence.

The merger between RaiseNow and Koalect will bring about several cost synergies, including operational efficiencies, shared resources, bulk purchasing power, and R&D synergies. We will invest every cost reduction into product development.

Post-merger, our primary focus is to ensure continuity to provide our customers with the highest level of service. Existing customers will continue to receive the dedicated service they have come to expect and will benefit from the expanded portfolio that the merger brings.

RaiseNow and Koalect have established themselves as leaders in their respective domains, bringing unique strengths. We will consolidate our engineering and harmonise our offering if there are overlapping features or redundant services.

Post-merger, no immediate plans exist to discontinue any products from RaiseNow or Koalect, ensuring that clients continue to benefit from the comprehensive suite of solutions developed and refined over the years. This decision underscores our commitment to providing consistent value and service to our clients, leveraging the strengths and expertise of both entities.

Existing customer contracts will remain valid and in effect. The merger is designed to enhance the value we provide to our clients, and we are committed to honouring all existing agreements, terms, and conditions, this includes billing intervals and payout dates. Clients can expect the same level of commitment, service, and support they have received in the past.