Nonprofit Fundraising Startup Amicus Raises Funding Round

Can nonprofit fundraising get by with a little help from your friends?

That’s the idea behind Amicus  (opens in a new tab), a nonprofit fundraising startup that optimizes outreach campaigns by taking advantage of Facebook social graph data to raise success rates and limit overhead. The company’s CEO and co-founder, Seth Bannon, took inspiration for the product from his own work as a volunteer.

“I’ve been involved with causes since I was 14 and I’ve always been super frustrated,” Bannon told TechCrunch  (opens in a new tab). “I thought crappy tech was holding the causes back and wasting my time and my volunteers’ time. So a few colleagues challenged me to fix it and here we are.”

The concept is already showing signs of success, with the company, initially backed by the the startup accelerator Y Combinator  (opens in a new tab), recently announcing a $3.2 million funding round.

And it has already scored some big names on the fundraising front, including the AFL-CIO, the Human Rights Campaign, and the National Education Association.

Here’s how Amicus does it:

Social graph reliance: Instead of giving volunteers a list of random people to call, Amicus takes advantage of the volunteers’ social media contacts (“we’re friends on Facebook”) or demographic details (“we went to the same high school”), cross-checks them with the group’s official list of people whom the groups are attempting to reach, and uses the personal interactions as a way to more effectively reach their audience.

A personal touch: While other companies in similar markets, such as Causes, use Facebook and other social media outlets to interact with end users, Amicus mixes it up — utilizing VOIP-based phone calls and personalized postcards to facilitate the interactions.

Making it a game: As VentureBeat points out  (opens in a new tab), the gamification element — complete with points, a leader board, and a potential to win prizes — helps give volunteers incentive to continue helping.

As big data continues to become a big deal, we’re going to see more approaches like this. How could your association — whether a charitable nonprofit or one focused on business interests — take advantage of these kinds of tactics?

(Amicus press photo)