Omaze Funding, Investors & Competitors

Omaze has raised $126M across 4 funding rounds, most recently a $85M Series C in September 2021.

See full Omaze profile

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

Omaze Overview

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

United StatesLos Angeles, CA

Website

omaze.com

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

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

Omaze funding rounds
DateStageInvestorsRaisedDeal Summary
Sep 2021Series CMoore Strategic Ventures (lead)$85MOmaze 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 2020Series BFirstMark (lead); Tusk Venture Partners; 1745 Ventures; Copper; Sand Hill Angels; Inherent Group; Guy Oseary; Pegasus Tech Ventures; Gaingels; Causeway Media Partners$30M-
Jan 2018SeedZeal Investments$2M-
Jul 2015Series AFirstMark (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$9MOmaze 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

Investors in Omaze by funding rounds participated
InvestorHQRoundsRoleFirst check
FirstMarkUnited StatesNew York City, NY2LeadJul 2015
Dave GilboaUnited StatesNew York City, NY1ParticipantJul 2015
Tusk Venture PartnersUnited StatesNew York City, NY1ParticipantAug 2020
1745 VenturesUnited StatesUnited States1ParticipantAug 2020
Evolution VC PartnersUnited StatesNew York City, NY1ParticipantJul 2015
CopperUnited KingdomLondon1ParticipantAug 2020
ff Venture CapitalUnited StatesNew York City, NY1ParticipantJul 2015
RSE VenturesUnited StatesNew York City, NY1ParticipantJul 2015
Sand Hill AngelsUnited StatesSan Francisco, CA1ParticipantAug 2020
Inherent GroupUnited StatesNew York City, NY1ParticipantAug 2020
Matthew Lent--1ParticipantJul 2015
The Tornante CompanyUnited StatesCalifornia City, CA1ParticipantJul 2015
Saturn PartnersUnited StatesSt. Petersburg, FL1ParticipantJul 2015

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Omaze Competitors

Omaze competitors include listed companies like Rocket Companies, PB Fintech, Rasan and Ziff Davis, and private ones like Faire and LY.com.

Public and private companies comparable to Omaze
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Rocket CompaniesUnited StatesUnited StatesPublicly listed$6.3B$1.4B$36B5.0x
PB FintechIndiaIndiaPublicly listed$708M$58M$8.5B10.1x
FaireUnited StatesSan Francisco, CAPrivate$500M-$5.2B10.4x
RasanSaudi ArabiaSaudi ArabiaPublicly listed$174M$73M$3B11.0x
LY.comChinaChinaPrivate--$3B-
Ziff DavisUnited StatesUnited StatesPublicly listed$1.5B$335M$2B1.0x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Rocket Companies$6.3B$1.4B7.8x5.0x36.3x19.2x
PB Fintech$708M$58M11.7x10.1x143.3x101.3x
Rasan$174M$73M16.1x11.0x38.6x25.9x
Ziff Davis$1.5B$335M0.9x1.0x3.8x3.3x
Moltiply Group$787M$148M2.4x2.3x13.0x8.6x
Mony Group$599M$184M2.3x2.3x7.5x7.1x
Trustpilot Group$261M$27M4.3x3.8x42.0x22.6x
Yelp$1.5B$251M0.8x0.8x4.5x3.4x

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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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