New Orleans Tech Startup Resilia Closes $35 Million Funding Round

Resilia, a New Orleans and New York-based SaaS technology startup, has closed a $35 million series B funding round co-led by Panoramic Ventures and Framework Venture Partners.

Silicon Bayou News covered Resilia and its founder Sevetri Wilson after a milestone $8 million Series A funding announcement back in 2020. 

The Resilia team recognizes this latest funding round as history-making. “It is the largest raise ever for a solo Black female-founded tech company, and also marks the largest VC raise of a female founder in the state of Louisiana.”

The company will use the funding to bring additional nonprofit organizations into its ecosystem and help its customers increase capacity and enable funders to scale impact. 

Additional investors include Mucker Capital, Callais Capital, Cultivation Capital, Engage Ventures, SoftBank Group’s SB Opportunity Fund, Kimble Ventures, The Jump Fund, Fearless Fund, Goldman Sachs Asset Management Fund, Chloe Capital, Gaingels, Mana Ventures, and others.

Resilia has over 15,000 nonprofits on board and has experienced over 300% annual revenue growth to date. The company plans to continue to expand its platform and provide capacity-building support to nonprofits through investments in areas such as leadership development, fundraising, evaluation and learning, communications, technology, collaboration, or DE&I. 

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