GoFundMe gets Classy (literally) with acquisition of nonprofit giving platform

GoFundMe announced today that it will acquire Classy, a nonprofit fundraising software company. This is an all equity deal, though the company did not disclose the financials. Since its 2010 seed round, Classy has raised $183.5 million in venture capital, which most recently included a $118 million Series D in April 2021, led by Norwest Venture Partners.