Prizeo is a privately owned internet company based in

Los Angeles Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

. 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 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 Fundraising, fund raisings. He also co-owns 2929 Entertainment with Mar ...

acquired Prizeo. 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 that sells and auctions off access to experiences and items to raise funds for nonprofit organizations. Charitybuzz experiences include music, entertainment, business, politics, sports, art, fashion and other ...

History

As undergraduates at

Oxford University The University of Oxford is a collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the second-oldest continuously operating u ...

, 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 Y Combinator, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 which has been used to launch more than 5,000 companies. The accelerator program started in Boston and Mountain View, Californi ...

’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 Rob Thomas, Lin-Manuel Miranda, Ellen Degeneres, Tom Brady, Martha Stewart, Imagine Dragons, Tiger Woods, Tyler Oakley, Lady Gaga and many more.

References

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