
Kaleidoscope raised $10M in Series A Funding, a Minneapolis-based fintech platform that drives education-based philanthropy.
The round was led by 3×5 Partners and Rally Ventures.
The funds will be used by the company to grow the business and to launch a fund disbursement system.
Kaleidoscope, founded by Greg Dehn, CEO, is a cloud-based fintech platform that allows organizations to design, fund, administer, and host branded scholarships and grant programs. This platform makes use of new technologies to offer an end-to–end solution that benefits sponsors, organizations and the people they support. Over $370 million in scholarships and grants has been made possible by the platform over the past two years.