Company Website: https://givelink.app/
Company Email: contact@givelink.app
Employees: 6
Funding State: Seed
Industries
- Other
Technology
- Web or Mobile Application
Business Model
- B2B
- B2B2C
- B2C
Revenue Model
- Commission Fee
- Marketplace/Brokerage
Funding Sources
- Angel
- Self
- VC
About
Givelink is a game-changing donation marketplace. We are bridging the gap between people’s donations and charities’ real needs, while converting all money into goods directly, in order to minimize the risk of corrupted donation management and maximize donors’ impact. Our product is a mobile app & website, unique compared to other crowdfunding platforms. Donors can directly buy the goods charities need, know their real impact and track the donation step-by-step, making sure that their help truly reaches the people in need. Givelink collects data from charities, including their extensive needs in products, and lists them based on the fullness of those needs. This way, users can see at any time which charities need their help the most and donate. Simultaneously, we partner up with suppliers who make their products available for donations in givelink and ensure they are delivered to the selected charities once a week. After users select the charity and products they wish to donate, they get notifications regarding the whole process and can communicate directly with the charity. Once the charity receives the donated goods, donors will receive an image of the delivery along with a message from the charity. Givelink was created by four passionate 20-year-olds with the ambition to change the world by building a social but scalable business and ultimately improving philanthropy globally.
Solution & Product
Givelink can solve this issue by directing donations when charities actually need them, converting donations into the products needed the most, and connecting people with charity organizations while making the donation procedure fun, easy, efficient and more transparent. Givelink collects data from charities, including their extensive needs in products, and lists them based on the fullness of those needs. This way, users can see in real-time which charities need their help the most and donate. At the same time, we partner up with suppliers who make their products available for donations in Givelink and ensure they are delivered to the selected charities once a week. After users select the charity and products they wish to donate, they get notifications regarding the whole process and can communicate directly with the charity. Once the charity receives the donated goods, donors will receive an image of the delivery along with a message from the charity.
Innovation & Scalability
The unique value proposition of Givelink lies in its ability to provide real-time data on charities' product needs, giving donors immediate visibility into where their help is most urgently required. This transparency is further enhanced by providing donors with images when products arrive at the charity and images showcasing the impact of their donations. Additionally, we facilitate direct communication between donors and charities, fostering a deeper sense of connection and satisfaction. Moreover, our revenue model is a key differentiator. Unlike competitors, Givelink operates on an 8% commission from supplier partnerships, ensuring that neither donors nor charities are charged for using our platform. This approach makes us a scalable and sustainable business, For charities, we have developed a user-friendly "Charity Interface" that allows them to list their product needs effortlessly. Through automated and personalized messages, they can efficiently engage with users and get biweekly deliveries to their addresses, ensuring easy access to essential items, while automatically informing users that products have arrived, enhancing transparency. Overall, we believe that Givelink revolutionizes how donors connect with charities and contribute to meaningful causes.
Traction & achievements
We have already launched our app on both Play Store (https://play.google.com/store/apps/details?id=app.carexchange.carexchangeMobile) and App Store (https://apps.apple.com/gr/app/carexchange/id6449001865) and our website. We have 10,000+ users with 200.000+ Euros and 7,500+ donations to charities in 2+ year. We have partnered with 70+ (Verified by Higgs) charities. We have received several awards, including: - Best University Startup in Greece 2023 (Junior Achievement, 2023 & Global Student Entrepreneur Awards, 2023) - Top 4 University Startups in Europe, Top 16 in the World (GSEA, 2023) - Top 15 Social Entrepreneurship Startups in Europe u26 (European Young Innovators, 2023) - Top 6 Startup Ideas in Europe (Hult Prize) - Forbes 30 Under 30 Greece (2023)
Team & Why Us
- Antonis Politis - Managing Director. Antonis is studying Business Administration at AUEB. He has been awarded in European Level for entrepreneurship in various programs and competitions, like F1 In Schools, Hult Prize, Junior Achievement Greece and more. - Panagiotis Kokmotos - Head of Business Development. Panagiotis is studying Engineering Management at UoP. He has 2.5+ years of experience in startups, currently working in DNV and previously worked in Atlas Analytics, Startup Universe and Break Even Consulting. - Alexandros Karagiannis - Backend Developer. Alexandros is studying Computer Engineering at UoP. He is also working 2.5+ years in Knowledge and is one of the top students in his department (9.00+ grade). We also have 1 employee: Nikos Issaris (Backend Developer)
Funding Needs
We recently (April 2024) raised our Pre-Seed round of 200,000€ from Erietta Kourkoulou Latsi (LATSCO Family Office) and Vyron Vassileiadis (V Group). We will need another funding round (even for the Greek Market only) to maintain positive cash flows and become profitable. However, our core goal is to expand into the first big donation market by 2025, so the plan is to rase our seed funding round in Q2-Q3 2025 in order to start the execution of our global expansion plan.
Donation marketplace allowing users to give products that charities actually need, transparently