Runway Growth Capital Provides $23 Million Growth Investment to Snap! Mobile

Core Insights - Runway Growth Capital LLC announced a $23 million growth capital commitment to Snap! Mobile, a leading fundraising platform for schools and organizations [2][4] - The funding will enable Snap! to expand its digital platform and support more organizations in raising funds for high school athletics and extracurricular activities [2][3] Company Overview - Snap! Mobile has raised over$900 million for more than 125,000 groups and teams, engaging over 12.5 million participants and donors [3][6] - The company offers a suite of software solutions, including Snap! Spend for money management, Snap! Store for spirit wear, and Snap! Manage for scheduling and communication [6] Market Position - Snap! has established itself as a market leader in the digital fundraising space, providing innovative and safe solutions for communities to support students [3][4] - The investment from Runway highlights the potential for Snap! to enhance its platform and broaden its customer base, reinforcing its mission to support youth athletics and activities [4][6]