ETapestry aims for $250 million 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

• Fisk Brett announce Progress as ASP (27 February 2001)
  
• McMullan Ltd change of address (27 February 2001)
  
• US higher educational institutions and Internet fundraising (28 February 2001)
  

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.