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Aside Inc.

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Our mission is to help people be more generous, more often

Los Altos, United StatesFounded 2020Jobs Recruitment
Total funding $10–50M Disclosed equity funding
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About Aside Inc.

Aside Inc. operates as the venture-backed technology firm behind Daffy, a not-for-profit community centered around a modern platform for charitable giving. Founded in 2020 by technology veterans Adam Nash and Alejandro Crosa, the company aims to encourage more frequent and generous donations. Nash, the CEO, previously held leadership roles at Acorns, Wealthfront, Dropbox, and LinkedIn. Crosa, the CTO, is a veteran software engineer with experience at Slack and Twitter. Their shared history at LinkedIn and a mutual interest in creating a vehicle for charitable giving led to the establishment of Aside Inc.

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The company is headquartered in Los Altos, California, and operates within the fintech sector. In February 2022, Aside Inc. secured $17.1 million in a Series A funding round. This investment was led by Ribbit Capital, with participation from XYZ Ventures, Coinbase Ventures, and over 50 prominent angel investors. This capital is intended to scale operations and drive product innovation for the Daffy platform.

Aside Inc.'s core offering is the technology that powers Daffy, a donor-advised fund (DAF) designed to be accessible to a broader audience, not just wealthy individuals. The platform allows users, referred to as members, to set money aside for charitable donations. These funds can be invested and grow tax-free until the member decides to donate them to any of the 1.5 million U.S. non-profits supported by the platform. Daffy streamlines the process of giving by accepting contributions via credit card, debit card, bank account, Apple Pay, stocks, and even cryptocurrency. The business model challenges traditional asset-based fees with a membership-based pricing structure. This approach aims to address the "Generosity Gap"—the difference between people's charitable intentions and their actual giving—by encouraging pre-commitment and automated contributions.

Source: Dealroom company data

At a glance

Founded
2020
Headquarters
Los Altos, United States
Sector
Jobs Recruitment

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Investors

5 investors on the cap table

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Series A5 investors entered at this stage

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Global footprint

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🇺🇸 United States · Los Altos HQ
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Market sentiment

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