A new startup called Bono aims to modernize the way people donate to charities

Here’s a summary of the details related to Bono:
Startup Information
- Startup Name: Bono
- Founders: Dan Eblagon and Ron Levy
- Launch Date: Soft-launched in December [specific year not provided] and officially launched on a Monday [exact date not specified].
Fundraising Details
- Funding Round: $1.6 million pre-seed funding
- Date of Fundraise: Official launch date (exact date not specified in the provided text).
Funds and Investors
- Lead Investor: Progression.Fund
- Participating Investors: Several angel investors who are senior executives at major companies, including:
- Amazon
- Microsoft
- Intuit
- X/Twitter
Additional Information
- Focus: Connecting users with vetted charities based on personal causes, automating donation processes.
- Platform Features:
- AI-powered chatbot matching donors with suitable charities.
- Weekly impact report detailing how donations are used.
- User Engagement: Various donation models, including flat-fee campaigns, affiliate-style revenue sharing, and donated commissions.
- Charity Standards: Nonprofits must meet high ratings (above 8.5) on Charity Navigator and GuideStar.
If you need more specific details or any other information, feel free to ask!
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2025-05-05 16:00:00
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