# Brevio to cease trading at end of month

- Link: https://fundraising.co.uk/2024/03/07/brevio-to-cease-trading-at-end-of-month/
- Published: 2024-03-07T10:00:00+00:00
- Author: Melanie May

**Brevio is to cease trading from 31 March 2024, it has announced, following insufficient
take up by charities of a subscription fee.**

The subscription fee was introduced in August last year after three years of the
service being offered free of charge.

[Brevio](https://news.brevio.org/), a not-for-profit social enterprise and B Corp,
matches charities and grantmakers. Where matches were found, the platform was able
to populate grantmakers’ application forms with applicant data.

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[In a statement](https://news.brevio.org/post/brevio-closure) announcing its closure
however, Brevio says that ‘very few grant-makers were open to supporting the platform,
preferring to focus on their individual administration processes.’

 **SEE ALSO: [1 in 8 charities spending three working days a week on grant applications](https://fundraising.co.uk/2020/10/13/1-in-8-charities-spending-3-working-days-week-grant-applications/)(
13 October 2020)**

To overcome this hurdle, the statement says: _‘Brevio undertook the significant 
task of compiling, formatting and regularly updating eligibility criteria from grantmakers’
websites. 2,000+ live grants were hosted on the site, with funding totalling £1bn.
Brevio alerted the 3,500+ charities who had signed up to the platform to 33,000 
matches between their funding requirements and live grants.’_

While Brevio has announced its closure, it is hoping that this will not be the end,
saying: _“Exciting negotiations are ongoing to take Brevio from start-up to a scale-
up phase with various partners in the sector who have the resources and reach to
build on what Brevio has achieved.”_

Commenting in the statement, Founder Marcelle Speller said:

> “The journey with Brevio has been a testament to our commitment to innovation 
> and efficiency within the charitable sector. Whilst we prepare for Brevio’s next
> chapter, despite our closure, the mission to optimise the grant-making process
> through digital means remains crucial. The interest from potential partners to
> carry forward Brevio’s legacy is a powerful reminder of what we can achieve together.
>  
> “I wish to express my deepest gratitude to our partners, users, supporters and
> the exceptional Brevio team and Board, whose dedication to our cause has been 
> unwavering. My, and their passion for our mission to reducing wastage in the grantmaking
> processes will certainly continue.”

Brevio says it will provide more information on how it plans to assist its users
in the coming days.

 * **[Brevio data reveals causes with greatest disparity between funding needs and available grants](https://fundraising.co.uk/2022/01/13/brevio-data-reveals-causes-with-greatest-disparity-between-funding-needs-available-grants/)(
   13 January 2022) **
 * **[Brevio launches real-time grants matching platform](https://fundraising.co.uk/2021/07/02/brevio-launches-real-time-grants-matching-platform/)(
   2 July 2021)**