- Companies
- Omaze
Omaze Funding, Investors & Competitors
Omaze has raised $126M across 4 funding rounds, most recently a $85M Series C in September 2021.
Last Omaze funding round
$85M
Series C · Sep 2021
Cumulative funding Omaze raised
$126M
across 4 funding rounds
Key investors in Omaze
FirstMark
Gaingels
Sand Hill Angels
ff Venture Capital
1745 Ventures
Pegasus Tech Ventures
Crosscut Ventures
Evolution VC Partners
About Omaze
Omaze is a Los Angeles-based online platform that runs sweepstakes to fundraise for nonprofits. Participants enter for chances to win prizes such as luxury cars, homes, celebrity experiences, or trips while supporting causes like UNICEF, WWF, and Stand Up To Cancer. Omaze handles promotion, legal compliance, and logistics for high-profile campaigns featuring SpaceX visits or meetings with entertainers. The model directs 100 percent of net proceeds to designated charities.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Sectors
Omaze Funding History
Omaze has raised a total of $126M across 4 funding rounds.
Omaze's first fundraising round was a $9M Series A in July 2015. The most recent completed round was a $85M Series C in September 2021.
Omaze funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2021 | Series C | Moore Strategic Ventures (lead) | $85M | Omaze is a Culver City, California-based company founded in 2012 that operates an online platform connecting influencers, nonprofits, and donors to support fundraising initiatives for charities. Omaze's business model focuses on e-commerce, entertainment, and social enterprise, helping nonprofits raise money through campaigns often featuring high-profile prizes. The company raised $85 million in a Series C funding round on September 16, 2021, led by Moore Strategic Ventures. Prior rounds included a $1M angel round in 2012, $9M Series A in 2015, $2M unknown series in 2018, and $30M Series B in 2020, bringing total funding to around $129M. Investors in earlier rounds included RSE Ventures, ff Venture Capital, FirstMark Capital, and others. |
| Aug 2020 | Series B | FirstMark (lead); Tusk Venture Partners; 1745 Ventures; Copper; Sand Hill Angels; Inherent Group; Guy Oseary; Pegasus Tech Ventures; Gaingels; Causeway Media Partners | $30M | - |
| Jan 2018 | Seed | Zeal Investments | $2M | - |
| Jul 2015 | Series A | FirstMark (lead); Dave Gilboa; Evolution VC Partners; ff Venture Capital; RSE Ventures; Matthew Lent; The Tornante Company; Saturn Partners; Vayner/RSE; Crosscut Ventures; The Eisner Foundation; Dave Leyrer | $9M | Omaze is a charitable giving platform founded in 2012 by Matt Pohlson and Ryan Cummins that democratizes fundraising by offering donors the chance to win once-in-a-lifetime experiences while supporting nonprofits. The company reinvented the traditional auction model, enabling individuals to participate in experiences—such as roles in major films, rides with celebrities, or exclusive events—at accessible price points, with proceeds benefiting charities of their choice. In July 2015, Omaze closed a $9 million Series A funding round led by FirstMark Capital, with participation from early investors including Michael Eisner's Tornante Company, Vayner/RSE, Warby Parker co-founder Dave Gilboa, Boulevard Capital's Dave Leyrer, CrossCut Ventures, FFVC, and Adam Press. The capital enabled the company to expand its marketplace with a self-serve platform allowing schools, charities, and congregations to independently leverage Omaze experiences for fundraising. At the time of the Series A, Omaze had already partnered with over 100 charities and offered more than 150 different experiences, establishing itself as a category leader in the $240 billion charitable giving market, where only six percent of donations were made online at that time. |
Who has invested in Omaze?
23 investors have backed Omaze across its funding rounds, including FirstMark, Gaingels, Sand Hill Angels, ff Venture Capital, 1745 Ventures and Pegasus Tech Ventures.
Lead investors include Moore Strategic Ventures and FirstMark.
Omaze Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jul 2015 | ||
| 1 | Participant | Jul 2015 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Jul 2015 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Jul 2015 | ||
| 1 | Participant | Jul 2015 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Aug 2020 | ||
| -- | 1 | Participant | Jul 2015 | |
| 1 | Participant | Jul 2015 | ||
| 1 | Participant | Jul 2015 | ||
This data is available for Pro users. Sign up to see all 23 Omaze investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialOmaze Competitors
Omaze competitors include listed companies like Rocket Companies, PB Fintech, Rasan and Ziff Davis, and private ones like Faire and LY.com.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $6.3B | $1.4B | $36B | 5.0x | ||
| Publicly listed | $708M | $58M | $8.5B | 10.1x | ||
| Private | $500M | - | $5.2B | 10.4x | ||
| Publicly listed | $174M | $73M | $3B | 11.0x | ||
| Private | - | - | $3B | - | ||
| Publicly listed | $1.5B | $335M | $2B | 1.0x |
Omaze Public Comps
Omaze is still privately-owned, but its public comps include Rocket Companies, PB Fintech, Rasan, Ziff Davis, Moltiply Group, Mony Group, Trustpilot Group, Yelp, LegalZoom and QuinStreet.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $6.3B | $1.4B | 7.8x | 5.0x | 36.3x | 19.2x | |||
| $708M | $58M | 11.7x | 10.1x | 143.3x | 101.3x | |||
| $174M | $73M | 16.1x | 11.0x | 38.6x | 25.9x | |||
| $1.5B | $335M | 0.9x | 1.0x | 3.8x | 3.3x | |||
| $787M | $148M | 2.4x | 2.3x | 13.0x | 8.6x | |||
| $599M | $184M | 2.3x | 2.3x | 7.5x | 7.1x | |||
| $261M | $27M | 4.3x | 3.8x | 42.0x | 22.6x | |||
| $1.5B | $251M | 0.8x | 0.8x | 4.5x | 3.4x | |||
This data is available for Pro users. Sign up to see all Omaze competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Omaze
| When was Omaze founded? | Omaze was founded in 2012. |
| Where is Omaze headquartered? | Omaze is headquartered in Los Angeles, CA, United States. |
| Is Omaze publicly listed? | No, Omaze is a private, VC-backed company. |
| How much funding has Omaze raised? | Omaze has raised $126M across 4 funding rounds. |
| What was Omaze's last funding round? | Omaze's last funding round was a $85M Series C in September 2021, led by Moore Strategic Ventures. |
| Who are Omaze's investors? | Omaze's investors include FirstMark, Dave Gilboa, Tusk Venture Partners, 1745 Ventures, Evolution VC Partners, Copper, ff Venture Capital, RSE Ventures, Sand Hill Angels, Inherent Group and 13 others. |
| Which companies are comparable to Omaze? | Companies comparable to Omaze include Rocket Companies, PB Fintech, Faire, Rasan, LY.com and Ziff Davis. |
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