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.
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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.