GVNG Investment Thesis

Charitable work, giving back to the community, or helping people in need is becoming an increasingly more important focus of our society, which is a trend that EIP has been excited to observe. Especially young citizens from Generation Y and Generation Z are making philanthropy an integral part of their lives. But doing good things needs to be facilitated so that more people can help more of those in need.

EIP portfolio company GVNG does just that. GVNG is an extraordinary tech platform that enables really anyone to start, run, and operate a 501(c)(3) non-profit organization within minutes. Their mantra is that doing good should be fast, affordable, and easy, thereby democratizing philanthropy.

Before GVNG and from our own personal efforts, we have discovered first-hand how tough and daunting a task it can be to set up a charitable organization. Many people want to do good things, but clearly the barriers of entry that would enable people to participate are quite high. Thanks to GVNG’s revolutionary approach, all this is now possible with the click of a button. The administrative work is now the easy and not the hard part, and with the distraction of lengthy, tricky paperwork gone, those driven by passion can finally focus on what truly matters: the causes that make the world a better place.

We believe that the PhilTech (Philanthropy Tech) industry is only at the beginning. There remains a lot of potential to be realized. EIP continues to support GVNG with its mission, realizing that a return on investment is important, but not always everything.