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Breaking News...Resilia Raises $35MM Series B, Sets Sights on Vertical Integration to Further Technical Support For Nonp...
10/27/2022

Breaking News...
Resilia Raises $35MM Series B, Sets Sights on Vertical Integration to Further Technical Support For Nonprofits

Today, grants management and capacity-building software platform Resilia announced its latest round of funding to the tune of $35 million dollars. Last year, the company picked up $8MM in Series A funding, going on to stretch its 28-person headcount to well over 100 employees operating in New Orleans, New York City and Mexico City.

The round was co-led by Panoramic Ventures and Framework Venture Partners. Returning investors include Mucker Capital, Callais Capital, Cultivation Capital, Engage Ventures, SoftBank Group’s SB Opportunity Fund, Kimble Ventures, The Jump Fund and Fearless Fund. New investors include Goldman Sachs Asset Management Fund, Chloe Capital, Gaingels, Mana Ventures and others.

Resilia will add more vertical payments solutions for nonprofit customersClick Here for Details

From the HBCU Newsletter: PROPEL Center makes major new announcement...Now, more than two years after launching, the PRO...
10/07/2022

From the HBCU Newsletter: PROPEL Center makes major new announcement...

Now, more than two years after launching, the PROPEL Center officially has a site for its future home: 635 Atlanta Student Movement Blvd. The 5.2-acre site is owned by Clark Atlanta University and the school has entered a long-term leasing agreement with PROPEL.

PROPEL aims to support the entire HBCU community through its programming, and its vision for the center echoes that.

“Conceived to provide innovative curricula, work-based learning experiences, advanced technology support and unprecedented career and leadership opportunities, the hub will further work to deliver an array of strategic resources, preparation and industry access across the Black collegiate community to support their work in producing the next generation of scholars who will champion equity, justice and entrepreneurship,” the announcement said.

There will be different curricula for agricultural tech, augmented reality, social justice, health, arts & entertainment, and hospitality, and energy, along with career preparation and entrepreneurship tracks, which lines up with the types of research grants and events PROPEL has created over the past two years.

Adapted from this week’s HBCU newsletter. Subscribe now to make sure you don’t miss the next issue. If you have been following this newsletter for some

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