Runway Growth Capital LLC announced a $23 million growth capital commitment to Snap! Mobile, a leading fundraising platform for schools and organizations. This funding is intended to enable Snap! Mobile to expand its digital platform and reach more schools and organizations.
Snap! Mobile has established itself as a market leader, having helped raise over $900 million for more than 125,000 groups and teams. The company also provides a suite of software solutions for athletic directors, coaches, and leaders, including account disbursements, scheduling, and communications.
Runway's investment underscores its strategy of backing high-growth companies with flexible financing solutions that allow them to scale with minimal dilution. This partnership aims to support Snap! Mobile's mission of ensuring young people have access to crucial athletics and extracurricular activities.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.