A search engine that raises money for charities has won investment of £480,000 to develop ‘new opportunities’, according to CEO Polly Gowers.
A search engine that raises money for charities has won investment of £480,000 to develop ‘new opportunities and ventures’, according to CEO Polly Gowers.
West Midlands-based Everyclick raised £125,000 of the money from the Early Advantage Fund, managed by regional venture capital firm Midven, and the balance from private investors.
Says Gowers of the fundraising, ‘We are now able to look into new opportunities and ventures that simply would not have been available to us before. Everyclick has a great future ahead.’
The company, which donates a percentage of sponsored search fees to charities, recently entered into a partnership whereby Everyclick’s technology supported a Sports Relief campaign conducted by Microsoft’s search engine Bing.
Duncan Kerr, investment director of the £8 million Early Advantage Fund, says that Everyclick ‘sees its future in the West Midlands’, calling it ‘an innovative company with great prospects’.