Raisify is a platform created to democratize access to capital for startups and businesses through civic engagement. Each competition includes 7 or more founders pitching their businesses. There's is a live competition hosted by organizations and groups. The audience (fans) vote with their dollars for the pitches they favor. If you are a member of Raisify you get to watch and vote for any of the pitches you favor across multiple competitions.
Click on a competition. View the pitch videos. You can click on suggested amounts or enter the amount you would like to donate to that pitch. You can vote for more than one pitch at a time by clicking suggested donations or entering multiple donations. Click "donate" then continue to the checkout process. After you checkout you can leave encouraging comments under each pitch you voted for.
To maintain the highest level of security Raisify does require that you join in order to vote.
Yes. The Black Girl Ventures Foundation is a 501(c)(3) organization. Donations are tax deductible. No goods or services are provided in return for these contributions.
Yes! In order to vote for your favorite pitch donate to their campaign. Each transaction of $5 or more is considered a vote. You can donate more than $5, but your first transaction of $5 or more will be what counts as your vote. The Black Girl Ventures Foundation is a 501(c)(3) organization. Donations are tax deductible. No goods or services are provided in return for these contributions.
At the moment the lowest donation amount is $5 for a vote.
For security purposes you will have to verify your email.
You can donate as many times as you like to as many founders as you like. You are only allowed one vote. Competitors are not allowed to vote for themselves. This means that the amount of their grant will increase according to your donations, however, there is only one vote per person. A vote is the first donation you make of $5 or more.
Standard Voting: Every donation of $5 or more = 1 vote. Quality Vote Algorithm (QVA) For some of our competitions there are larger prize opportunities on the line. This calls for us to use a different voting algorithm to ensure that the competition is fair. When the grant for the first place winner is $20K or more we activate the Quality Vote Algorithm (QVA). QVA competitions calculate the votes by dividing the total amount raised by the founder by the number of people who voted for that founder. This way a person can't game the system by getting lots of $5 votes just to get to the $20K prize.
The voting is typically open for 7 days. When the voting closes the winner's card will change color and float to the top of the screen. The organizing entity will also announce the winners on their social media.
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