Wednesday, December 4, 2013

CharityStars wins 360 Startup Competition and receives €360k in seed funding

CharityStars, the Milan-based celebrity giving social network which wants to disrupt the no profit sector is the winner of the 360 startup competition. The company, already finalist at the Marzotto prize last week, has won $360,000 offered for the first edition of the 360by360 competition. The competition has been promoted by 360 Capital Partners, a venture capital company involved in whole Europe, with particular focus on France and Italy.
The event was organized by Nuvolab, company accelerator and services company from Milan founded by Francesco Inguscio. Nuvolab proposes itself to create and concretely valorize entrepreneurial opportunities hidden in the national system.

The event took place last Tuesday 3rd December at Villa Contessa Rosa in the province of Cuneo. In favor of the winning project did surely play an important role the good reputation of the founder, Francesco Nazari Fusetti, born in 1987. It is already his second startup experience, after the success of ScuolaZoo, capable of a turnover of €3.5 million.

CharityStars is the first platform for the celebrity raising, already capable to raise more than €65,000 in few months thanks to a really good structured partnership network. The target is to land in the United States, where the charity market is bigger and better organized.