VOORHEES, N.J.--(BUSINESS WIRE)--The world’s largest social helping crowd-funding network, Hero Network, Inc., has announced that the organization has completed a $1M “Series B” funding round. The new investment coincides with the company’s focus to make Hero Network the leading social helping crowd-funding platform for Individuals, Charities, Non-Profits and Corporations.
Since its establishment, Hero Network has been globally recognized as a pioneer and industry visionary in establishing the first peer-to-peer social network and giving platform for philanthropy - connecting people in need with those who can help. Leveraging its fundraising technology, Hero Network will now allow charities to accept donations, create fundraising events and easily analyze their fundraising performance. Unlike other fundraising platforms that serve only as a donation platform, Hero Network will create philanthropic communities through their “Hero Page” product. Members who follow a charity’s Hero Page will be able to see all of the charity’s fundraising needs and events, as well as their corporate sponsors and individual supporters. Charities will have the ability to make multiple wishes for specific needs. Those looking to help are able to social share, fundraise or donate items, goods and services to enable charities to reach their goals.
Launching later this year, a rewards redemption program will allow donors to earn points that can be used for product and services discounts. Thus making donations rewarding on multiple levels.
"This influx of new capital will enable the Hero Network to establish itself as the leading national platform where not only individuals but communities and organizations can get and give help. What we are building today will help millions of people and charities in the future,” said Michael Po, CEO of Hero Network.
About Hero Network, Inc.
The Hero Network, Inc. is a privately held crowd-funding company that uses technology and social media to connect people and charities in need with those who can help. Hero Network is the future of philanthropy and provides the fastest and most efficient way to help. Since its launch in 2007, the Hero Network has helped make hundreds of thousands of needs come true.
For more information about Hero Network or to become a Hero, visit www.heronetwork.com. For more information about this press release please contact Dave Girgenti at dave@heronetwork.com or 844-843-HERO (4376).
