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Prizeo

From Alfawiki
Prizeo
Company typePrivate
IndustryDigital fundraising
Founded2012
FounderBryan Baum, Leo Seigal, Andrej Pancik, Lukas Bosko
Headquarters
Los Angeles
,
United States
Key people
Todd Wagner (owner)
ProductsDigital fundraising platform
OwnerTodd Wagner (since June 2015)

Prizeo is a privately held online enterprise headquartered in Los Angeles, California. It provides a digital fundraising platform that enables clients to connect with their supporters to generate funds and increase awareness for multiple charitable initiatives.

In June 2015, technology entrepreneur Todd Wagner purchased Prizeo under undisclosed conditions. Prizeo operates within Wagner’s Charity Network, which also manages the charity auction website Charitybuzz.

History

During their studies at Oxford University, founders Bryan Baum and Leo Seigal collaborated with the Aloysius Society, a philanthropic organization known for hosting exclusive charity events. Discontent with expensive fundraising approaches and limited growth potential, they teamed up with Andrej Pancik and Lukas Bosko in 2012 to create Prizeo, a sweepstakes platform aimed at assisting nonprofits in raising money and enhancing their visibility.

Prizeo was accepted into the Winter 2013 cohort of the technology accelerator Y Combinator in January 2013.

Campaigns

Since its inception, the platform has executed close to 200 sweepstakes campaigns, providing exclusive experiences and generating over $50 million for numerous charitable organizations. Prizeo's campaigns have involved prominent celebrities such as Rob Thomas, Lin-Manuel Miranda, Ellen Degeneres, Tom Brady, Martha Stewart, Imagine Dragons, Tiger Woods, Tyler Oakley, and Lady Gaga.