Fundraising Fox

Groundswell

Redondo Beach, US · Founded 2021 · 5 known investors

groundswell.io

Groundswell is a CSR (corporate social responsibility) platform that provides employees with tax-advantaged personal giving accounts, volunteer program management, and employee assistance funds integrated into a single workplace experience. The platform serves HR leaders and enterprises seeking to improve employee retention and engagement through social impact and purpose-driven work.

Also known as Groundswell.io

Enterprise SoftwareHR TechImpact & Social GoodSaaS

Founders & leadership

Groundswell was founded in 2021 by Jake Wood.

JW
Jake WoodinFounder
AM
Adam MillerNamed on SEC filing

Board

HHHeather Hartnett
Heather Hartnettin𝕏Board directorGeneral Partner, CEO at Human Ventures
JMJoe Marchese
Joe Marchesein𝕏Board directorExecutive Chairman at Human Ventures

Investors · 5

Reported raises · per SEC filings

Form D private placements

$13.2M disclosed across 1 round · 2021

$13.2MraisedDec 2021 · 39 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jake WoodExecutive Officer, Director
  • Adam MillerExecutive Officer, Director
  • Heather HartnettDirector
  • Joe MarcheseExecutive Officer, Director
Offering amount
$13.2M
Amount sold
$13.2M
First sale
Nov 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Groundswell sells software for corporate social responsibility (CSR) programs, bringing employee giving, volunteering, grants management and employee assistance funds together in a single platform with web and mobile interfaces for employees and configuration tools for program administrators. The giving product is built on donor-advised fund (DAF) infrastructure: each employee receives a personal Groundswell giving account that they fund via bank transfer/ACH, payroll split deposits, debit or credit card, DAF-to-DAF transfer, or stock contributions through partner Donate Stock; employers can gift into and match those accounts. Because contributions flow through the DAF, employees receive a single consolidated year-end tax receipt and their individual nonprofit choices are not disclosed to their employer.

The platform covers more than 1.5 million U.S. 501(c)(3) organizations and over 300,000 international nonprofits, including all registered nonprofits in the UK, Canada and Australia and organizations in 83 additional countries; clients can configure allow- and block-lists to reflect internal giving policies. Adjacent modules handle volunteer events and volunteer grants, grantmaking with AI-assisted application scoring and configurable workflows, and confidential employee assistance applications with rapid disbursement. Groundswell states that donations, matches, grants and assistance payments reach recipients within 24 hours rather than being batched over weeks, and that it does not use distribution networks.

The company describes itself as SOC 2 compliant and states it uses vendors such as Plaid so that user bank and financial account details are not stored on its own servers.

Founding story

According to the company, the idea originated in 2020 when Jake Wood, then leading the nonprofit Team Rubicon and later Groundswell's CEO, concluded that while corporate willingness to give was strong, the mechanics were inefficient—marked by distribution delays, funding restrictions and fees that burdened nonprofits. Groundswell was started in 2021 to accelerate and personalize corporate philanthropy.

Business model

B2B SaaS sold to companies for their CSR and employee engagement programs, with a published pricing page and demo-led sales motion. Transaction economics are layered on top: a 1% distribution fee on domestic donations and 3% on international donations, which many client companies elect to absorb on behalf of employees. Recurring donations are not subject to the transaction fee.

Software subscriptions/licensing for the CSR platform combined with distribution fees on disbursed donations (1% domestic, 3% international), which the company says is below the 3-5% typical of other giving platforms.

Traction

Public evidence of traction is limited to customer testimonials and platform statistics: one client (Wipfli) reports use by over 70% of its associates and expansion of matching and gifting programs to India-based staff following a CAF America partnership; the site cites a 5.0-star G2 rating and references Global Fortune 500 compliance standards. The platform lists access to over 1.5 million U.S. and 300,000+ international nonprofits.

Latest developments

Current site materials present Groundswell as a full CSR suite spanning giving, volunteering, grants management (with AI-powered application scoring) and employee assistance funds, alongside published resources on corporate philanthropy. No new funding, acquisition or leadership announcements appear in the supplied sources beyond the 2021 seed round.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself against legacy workplace giving and CSR vendors on speed of fund distribution, breadth of an integrated single-platform suite, ease of use and lower distribution fees; cites a 5.0-star G2 rating and claims to be the highest-rated CSR platform on G2.

Key claimed differentiators are DAF-powered personal giving accounts that employees retain even after leaving an employer, donor anonymity from the employer, a single consolidated annual tax receipt, disbursement within 24 hours without distribution networks, an integrated suite covering giving, volunteering, grants and employee assistance in one login, and distribution fees below the platform norm.

Technology

Web and mobile applications backed by donor-advised fund infrastructure for holding and disbursing employee charitable balances; integrations with payment and data providers such as Plaid for funding accounts, and Donate Stock for securities contributions. Grants management includes AI-powered application scoring and configurable workflows. The company reports SOC 2 compliance and data aggregation/anonymization, and says user financial account information is not stored on its servers.

Go-to-market

Direct enterprise sales via demo requests and published pricing, supported by content marketing (corporate philanthropy guides, buyer's guides, toolkits), customer testimonials, G2 reviews and dedicated account management for post-sale support.

Corporate CSR, social impact, HR and philanthropy teams at companies running employee giving, matching, volunteering, grantmaking and employee assistance programs, ranging from mid-sized firms to large enterprises; the site references compliance standards of Global Fortune 500 clients. Named customer references include OneDigital, Wipfli and GHJ.

Geography

U.S.-headquartered with donation coverage extending internationally—every registered nonprofit in the UK, Canada and Australia plus organizations across 83 additional countries; the 2021 funding coverage described the company as Los Angeles-based. Client programs have been extended to employees in India.

History

Groundswell was started in 2021 and announced a $15M seed round in November 2021, at which point it was described as a Los Angeles-based "Philanthropy-as-a-Service" platform focused on giving employees their own personal donor-advised funds, with proceeds intended for engineering and product hiring and commercialization. The product line has since been presented as a broader CSR suite spanning giving, volunteering, grants management and employee assistance funds.

Risks & controversies

No controversies, litigation or negative events are documented in the available sources. Note that several similarly named but unrelated organizations exist (Groundswell Fund, Groundswell Giving in Australia, Groundswell Ventures), creating a risk of data conflation.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Domestic donation distribution feeJan 20261%
Donation disbursement time to nonprofitsJan 202624 hours
G2 ratingJan 20265 stars
International donation distribution feeJan 20263%
International nonprofits available on platformJan 2026300,000 nonprofits
Minimum donation per transactionJan 2026$5
US nonprofits available on platformJan 20261,500,000 nonprofits

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 6

by search overlap
GoFundMe788 shared keywordsGoFundMe is an online fundraising platform, launched in 2010, that lets individuals and organizations raise money and support each other. Through its 2022 acquisition of Classy, now GoFundMe Pro, it also provides fundraising software for nonprofit organizations.
Goodera750 shared keywordsGoodera runs curated corporate volunteering programs, offering in-person, virtual, and hybrid events for companies to engage employees while supporting nonprofits. It provides a global infrastructure connecting corporate volunteers with a network of over 50,000 nonprofit partners.
Bonterra639 shared keywordsBonterra provides software and data infrastructure for nonprofits, foundations, governments, and corporations to manage fundraising, grantmaking, case management, and donor relationships. The platform serves mission-driven organizations seeking to coordinate social good efforts and leverage data insights to maximize charitable impact.
Charitynavigator543 shared keywordsCharity Navigator is a nonprofit research tool that rates and provides information on thousands of charities using data from the IRS, partners, and the charities themselves. It lets donors find organizations that match their values and donate to multiple charities through a single checkout called the Giving Basket.
Benevity515 shared keywordsBenevity offers an enterprise impact platform used by large companies to run corporate social responsibility programs, including employee giving, volunteering, and grant management. It serves nearly 1,000 enterprise clients and supports connecting them with vetted nonprofits worldwide.
Zeffy418 shared keywordsZeffy operates a 100% free, all-in-one fundraising and donor management platform for nonprofits and charities, offering tools such as donation collection and volunteer management. It serves nonprofits across the United States and Canada and is a Certified B Corporation.

Companies competing with Groundswell for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 2

launches, deals, and filings
Jan 2026
Partnership with CAF America to enable donations to international NGOs

A customer testimonial on the Groundswell website references a partnership with CAF America that added international NGOs to the platform, enabling the customer to extend the program to India-based associates. No date is given in the source.

source ↗

Nov 2021
Groundswell raises $15M in seed funding led by GV

Groundswell, described as a Los Angeles-based Philanthropy-as-a-Service platform providing employees with personal donor-advised funds, raised a total of $15M in seed funding led by GV (formerly Google Ventures), with participation from Human Ventures, Moonshots Capital, Felicis Ventures and Core Innovation Capital. Proceeds were earmarked for hiring engineering and product staff and expanding commercialization.

$15M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Groundswell do?
Groundswell is a corporate social responsibility platform combining employee giving, volunteering, grants and employee assistance funds.
Who founded Groundswell?
Groundswell was founded by Jake Wood in 2021.
Who are Groundswell's investors?
Groundswell's investors include Core Venture Capital, Felicis Ventures, Moonshots Capital, Treasury, Human Ventures.
How much funding has Groundswell raised?
Groundswell has disclosed $13.2M raised across 1 round.
Where is Groundswell headquartered?
Groundswell is headquartered in Redondo Beach, US.