ETapestry aims for $250m a year by 2004

Howard Lake | 27 February 2001 | News

US ASP eTapestry is aiming to generate $250m a year from its services to charities by 2004.

US application service provider eTapestry is aiming to sign up 100,000 of the 1.2 million non-profits in North America in the next three years. They already have 800 clients and, with $6.5m in venture capital behind them, they are working to increase that substantially.

They are aware that the 1.2 million non-profits in the USA generate $650 billion in annual revenue, making the nonprofit sector the third largest business sector in the US.

Read eTapestry Aims to Profit from Nonprofits

by Lou Cove at APSnews.com

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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.