The firm supports charities with strategy, fundraising and social development
A social enterprise company that has raised more than £46 million for charities in the past seven years has been recognised on a prestigious annual list of technology businesses.
Cause4 supports third sector organisations with strategy, fundraising and social development and raises an average of £500,000 for charities every month.
In the past year, the firm has invested heavily in digital strategy, helping its partners select the best services and partnerships to support their growth and maximise income.
It has now been recognised by entrepreneurship forum Silicon Valley Comes to the UK (SVC2UK) as one of the UK’s 50 hottest startups that have successfully scaled up.
If charities are going to survive in this post-Brexit environment, they have to take the same attitude to success as private sector companies
The list includes the fastest growing new businesses boasting an average growth of 47% over the past year.
Cause4 founder Michelle Wright said: “Charities that don’t make best use of technology will get left behind or face collapse.
“The charity sector deserves the same investment as the private sector. A visit to some charities can feel like stepping back in time.
“If charities are going to survive in this post-Brexit environment, they have to take the same attitude to success as private sector companies, they won’t get any dispensation just because they are not part of the corporate world.”
Cause4 has now been named to the SVC2UK Scale Up Club and will receive mentoring and networking support to help it expand and help even more charities.
Sherry Coutu, SVC2UK co-founder, said: “We see from our own internal data that the UK’s tech and digital industry is growing year on year – and now combined with London & Partners data about tech growth over the last ten years this is resolutely confirmed.
“I am so very proud of what we are doing at SVC2UK and I wish all those included in this year’s Scale Up Club the very best in what will be a challenging yet exhilarating year ahead.”
