Prizeo
 | |
| Industry | Celebrity charitable crowd funding |
|---|---|
| Founded | June 2013 |
| Founders | Bryan Baum, Leo Seigal, Andrej Pancik[1] |
| Headquarters | , United States |
| Owner | Todd Wagner[2] |
| Website | prizeo.com |
Prizeo is a privately owned internet company based in Los Angeles, California. It is an online fundraising platform that enables clients to mobilize their fan bases to raise funds and awareness for their chosen causes.
In June 2015, tech mogul Todd Wagner acquired Prizeo. The terms of the deal were not disclosed.[2] Prizeo is a member of Wagner’s Charity Network, which is also the parent company to leading charity auction site Charitybuzz.[3]
History
As undergraduates at Oxford University, co-founders Bryan Baum and Leo Seigal worked with the Aloysius Society, a philanthropic group that organized high-priced charity events. The society raised $1 million running auctions, but Baum and Seigal were frustrated at the cost of their fundraising strategy and the lack of scale. In 2012, the duo teamed up with co-founder Andrej Pancik and Lukas Bosko to create Prizeo, a sweepstakes platform to help nonprofits raise funds and awareness.
In January 2013, Prizeo participated in the technology start-up incubator Y Combinator’s Winter 2013 program.[4]
Campaigns
Since launching, the platform has held nearly 200 sweepstakes campaigns featuring once-in-a-lifetime experiences and raising more than $50M for hundreds of charities.[2] Prizeo campaigns have featured celebrities such as Rob Thomas, Lin-Manuel Miranda, Ellen Degeneres, Tom Brady, Martha Stewart, Imagine Dragons, Tiger Woods, Tyler Oakley, Lady Gaga and many more.
References
- ^ "Todd Wagner Acquires Controlling Stake in Auction Platform Charitybuzz - Hollywood Reporter". The Hollywood Reporter. Retrieved 2015-10-11.
- ^ a b c Sandberg, Bryn Elise (June 23, 2015). "Todd Wagner Acquires Celebrity-Based Charity Prizeo (Exclusive)". The Hollywood Reporter.
- ^ Sandberg, Bryn Elise (June 23, 2015). "Todd Wagner Acquires Celebrity-Based Charity Prizeo (Exclusive)". The Hollywood Reporter. [verification needed]
- ^ Ha, Anthony (March 24, 2013). "Y Combinator-Backed Prizeo Helps Celebrities Tap Their Fans For Charity Fundraising". TechCrunch.