Purse
$420K
CAPITAL DEPLOYED
180
units created
620+
people housed
2024
investment year
The Investment
Purse is a Charlotte-based technology platform helping nonprofits raise money and engage supporters through fantasy golf. By combining charitable giving with the competitive energy of sports, Purse creates a new way for donors, fans, and nonprofit communities to participate in fundraising together. The platform is designed to be free for nonprofit partners, giving organizations access to an interactive fundraising tool without incurring additional technology costs. Through fantasy golf contests tied to major championships, Purse aims to help nonprofits reach new audiences, deepen supporter engagement, and create recurring fundraising opportunities. In March 2026, Abundance Angels recommended $120,000 in flexible capital to support Purse’s growth. The investment provided capital for platform development, partner onboarding, working capital, and operational runway. Returns are not guaranteed and depend on company performance, repayment activity, conversion events, and future liquidity.
Impact Metrics
SDG Alignment
Investment Details
About the Organization
Purse is a Charlotte, NC technology company combining charitable giving with the competitive energy of sports through fantasy golf. The platform is free for nonprofit partners, giving organizations an interactive fundraising tool to reach new audiences, deepen supporter engagement, and create recurring fundraising opportunities tied to major golf tournaments throughout the year.