Daffy

How much did Daffy raise in their Series A funding round and who backed it?

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In 2020, Daffy, the Donor-Advised Fund for You™, raised a seed round of $4.8 million. The funding round was led by co-founders Alejandro and Adam Nash, who envisioned Daffy as the Acorns for Charity. Daffy is a revolutionary platform that reimagines charitable giving. It allows members to set aside money for charity every year, watch it grow tax-free in one of nine modern investment portfolios, and donate to more than 1.5 million charities in the US. The platform was launched on September 30, 2021, and has since been on a journey of learning and growth. The team at Daffy quickly realized that giving is a communal act, and the platform needed to reflect that. This realization has led to the evolution of Daffy, which is now poised to be more than just the best donor-advised fund on the market. The future of Daffy may look much more like LinkedIn, a platform that fosters connections and community. The team at Daffy believes that giving is better together, and they are committed to creating a platform that encourages communal giving. With its innovative approach to charitable giving, Daffy is a great option for a Donor-Advised Fund (DAF). It not only allows you to grow your charitable contributions tax-free but also fosters a sense of community and shared purpose. If you're looking for a DAF that goes beyond just managing your charitable contributions, Daffy is the platform for you.

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

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