Cause4, the social enterprise that helps charities and other social enterprises find ways to grow, has been named by Silicon Valley Comes to the UK (SVC2UK) as one of the UK’s 50 hottest tech ‘Start up to Scale up’ companies.
Now In its tenth year, SVC2UK invited 50 UK high-growth technology companies to join its 2016 ‘Scale Up Club’, including Cause4, as well as Touchnote and Snapfashion. The 2016 programme began on 1st November, and offers mentoring and support from entrepreneurs and investors from both the US and the UK, as well as debates, roundtables and masterclasses, and culminating with its annual CEO Summit. As one of the 50, Cause4 will continue to receive mentoring and networking support through the network to help it achieve further scale.
Set up in May 2009, Cause4 has raised over £46 million for clients, with initiatives including the Arts Fundraising & Philanthropy programme of training and mentoring.
In the last year, Cause4 has invested heavily in a digital strategy function, enabling it to work with charities in the UK and internationally to exploit technology to support growth strategies and fundraising. As a result, Cause4’s digital team can now help charities navigate and select the right digital services and partnerships to support their growth across key aspects of fundraising, communications and infrastructure.
Michelle Wright, Cause4 founder and CEO (pictured), said:
“Charities that don’t make best use of technology will get left behind or face collapse. The charity sector deserves the same investment as the private sector. A visit to some charities can feel like stepping back in time. If charities are going to survive in this post-Brexit environment, they have to take the same attitude to success as private sector companies, they won’t get any dispensation just because they are not part of the corporate world.”
SVC2UK was set up by investors and entrepreneurs Sherry Coutu, Ellen Levy, and Reid Hoffman, the founder of Linkedin. Cause4 is a social enterprise and certified B-Corporation, meaning that it measures its social impact based on the level of income achieved for clients, and the associated impact of programmes across multiple beneficiary communities.