AI-driven fundraising intelligence platform Dataro completed a $14.28 million Series A fundraising round led by private equity firm Blueprint Equity in San Diego, California. The funding will support growth in the United States.
Dataro’s base in the United States is in San Francisco. The firm was launched in 2017 in Australia via the FuelID accelerator in Sydney. It expanded into the United Kingdom during 2022 and the United States in 2023. The firm launched ProspectAI, an agentic prospect research tool in June 2005.
The firm will continue to work with charities in Canada, the United Kingdom, Australia, and other international markets, company officials said.
The Series A is the second round of funding after receiving $2.5 million in seed funding in 2021, led by Basis Set Ventures, Black Sheep Capital and Save the Children International. The Series A funding will support expansion across product, customer success, sales, and marketing, officials said. Dataro will continue investing in AI-native workflows.
Dataro is led by co-founders Tim Paris (CEO), David Lyndon (CTO), and Chris Paver (COO). The company recently appointed Salvatore Salpietro as chief growth officer. Other recent additions include: Nic Miller, head of marketing and previously with Fundraise Up; Cecelia Poplin, head of customer success, formerly with DonorSearch, WealthEngine and Blackbaud; and, Neil Harkins, head of sales, formerly with Impala Digital, GoodUnited, Salesforce and Blackbaud.
Jay Love, a serial investor in technology in the nonprofit space, is part of the advisory board. Love has been involved with numerous tech start-ups including Infinite Giving, FundMiner, Givezy, Givebutter, Bloomerang, and eTapestry.
“Fundraisers should be spending their time on impact and donor relationships, not managing tools and spreadsheets,” said Paris. “Charities already have the data. Dataro brings AI into the workflow so teams can focus on the right supporters, take the right next steps, and consistently improve fundraising outcomes.”
Fundraising teams are at an inflection point, according to Francis Donohue, principal at Blueprint Equity, via a statement. “Dataro is building an AI-native foundation that helps charities turn data into better decisions, better stewardship, and better results at scale. That conviction is why we’ve made a significant investment in the company.”
Dataro is an AI fundraising system intended to help turn existing donor data into consistent, day-to-day action. The platform supports acquisition, retention, and stewardship by identifying high-leverage opportunities, prioritizing the right supporters, and guiding teams toward clear next steps, according to an announcement from the firm.
Dataro works with more than 300 organizations worldwide. Users include World Central Kitchen, Stand Up To Cancer, Amnesty International, and Save the Children across the United States, United Kingdom, Australia, and New Zealand, according to company officials.
Series A funding generally requires proof of concept. This means that market tests have shown a demand for the product or service and there’s room for growth into a multimillion or billion-dollar firm, known in investing circles as a unicorn. The goal of Series A funding is to provide businesses with money to pay employees, optimize their offerings, scale across different markets and develop a marketing strategy. It’s generally the first or second round of funding for a startup, depending on whether the founder went through a seed round or if the business was self-funded.
