Infinite Giving, a fintech platform for nonprofits, recently announced they have raised $2 million in a seed round led by Cubit Capital, Morgan Stanley, and Atlanta Ventures.

Founded by Karen Houghton in 2021, Infinite Giving aims to empower nonprofits by optimizing financial stewardship, helping them manage cash reserves, grants, and endowments while accepting stock donations. With a 99% customer retention rate and notable clients like Habitat for Humanity and Make a Wish, the platform's growth is supported by a new board member, Jay Love, a nonprofit veteran.

Infinite Giving was also selected for Morgan Stanley's Inclusive Ventures Lab and will present at Venture Atlanta 2024, further positioning the company for expansion in the nonprofit sector.

Read the full press release about their raise announcement here!