Prizeo is a privately owned internet company based in

Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...

California California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...

. 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, it was announced that Prizeo had been acquired by tech mogul

Todd Wagner Todd R. Wagner (born August 2, 1960) is an American entrepreneur, co-founder of Broadcast.com and founder and CEO of a company called Charity Network which organizes regular fund raisings. He also co-owns 2929 Entertainment with Mark Cuban, alo ...

. The terms of the deal were not disclosed. Prizeo is a member of Wagner’s Charity Network, which is also the parent company to leading charity auction site

Charitybuzz Charitybuzz is an internet company which raises funds for nonprofit organizations through online charity auctions with celebrities and brands. Auction experiences include music, entertainment, business, politics, sports, art, fashion and othe ...

and strategy consulting firm

Global Philanthropy Group Global Philanthropy Group is a consulting firm that provides philanthropic services for high-net-worth individuals, charitable foundations and corporations. Their clients include John Legend, Avril Lavigne, Madonna, Tegan and Sara, Miley Cyrus, E ...

History

As undergraduates at

Oxford University Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...

, co-founders Bryan Baum and Leo Seigal worked with the

Aloysius Society The Aloysius Society is a philanthropic group of current and former University of Oxford students dedicated to supporting those in need around the globe. Founded by Lawrence Barclay and Francesca Lamarque in 2008, Aloysius Society members organi ...

, 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 Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Str ...

’s Winter 2013 program.

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. Prizeo campaigns have featured celebrities such as Lin-Manuel Miranda, Ellen Degeneres, Tom Brady, Martha Stewart, Imagine Dragons, Tiger Woods, Tyler Oakley, Lady Gaga and many more.

References

{{Reflist, 30em Companies based in Los Angeles American companies established in 2013 American fundraising websites Crowdfunding platforms of the United States