Columbia, SC – South Carolina Research Authority’s investment affiliate, SC Launch Inc., has invested $300,000 in GoodUnited. The Charleston-based company is a worldwide leader in one-to-one conversational messaging between nonprofits and donors.
GoodUnited became an SCRA Member Company in 2019 and successfully matured through the SC Launch program, receiving a $50,000 Acceleration Grant and becoming an SC Launch Inc. Portfolio Company when they received their first investment of $200,000.
“The GoodUnited team lives out their mission of transforming how nonprofits engage supporters by humanizing, personalizing, and revolutionizing social media fundraising,” said SCRA Investment Manager Derek Willis. “Their software aims to provide actional ways for nonprofits to deepen donor connections, which increases social media giving.”
“We value our long-standing relationship with the teams at SC Launch Inc. and SCRA. They’ve become trusted advisors and supporters of our mission,” said GoodUnited Founder and CEO Nick Black. “We would not be where we are today without them.”
“GoodUnited has proven its strengths in growing a solid company with a mission of doing good. They’ve helped countless nonprofits grow their donor base with their innovative way of integrating social media and their software platform,” said SCRA President and CEO Bob Quinn. “ We are looking forward to seeing their continued success.”
Since 2015, GoodUnited has grown its customer base to include national nonprofits, including the Susan G. Komen Foundation, the American Diabetes Association, and Make-A-Wish. They were recently added to G2’s ‘fundraising software category.’ G2 is a popular software review platform that rates and reviews various software products based on user feedback.
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Established in 2006, SC Launch Inc. is the investment affiliate of the South Carolina Research Authority. The independent, nonprofit corporation provides convertible loans and investment funding to qualifying SCRA Member Companies. The returns on this funding provide additional coaching and grants to next-generation technology startups.
Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, South Carolina Research Authority fuels the state’s innovation economy through the impact of its comprehensive services to technology-based startups, academia, and industry. SCRA provides funding and support to accelerate the growth of academic startups; high-quality lab and administrative workspaces; facilitation and funding for partnerships between and among industry, startups, and academic institutions; assistance and funding for the relocation of technology-based companies to South Carolina; and coaching and funding for startups that may also receive investments from its affiliate, SC Launch Inc.
Media Contact
Adrianne Grimes
Director of Marketing and Communications, SCRA
adrianne.grimes@scra.org
