Company Overview
Snapshot
Founded in May 2017 by Ron Margaliot, Wishingwell operates with 1–10 employees. The company has secured funding across one round from one investor. Wishingwell provides a social impact platform that offers rewards to donors and volunteers, aiming to boost engagement for nonprofits and drive traffic for retailers.
Business overview
Wishingwell is a social impact platform that provides donors and volunteers with access to rewards such as freebies, discounts, and special deals at a variety of retailers. The platform serves nonprofits by offering an effective tool to recognize and engage their donor and volunteer base, while also enabling retailers to increase in-store traffic, sales, and cultivate customer loyalty through social causes. Wishingwell operates within the Business Software sector, specifically focusing on Sales & Marketing Solutions and e-Commerce Tools, utilizing web-based platforms to connect enterprises, SMBs, and retailers.
Strategic signal
In September 2019, Wishingwell was featured in Kol Ha'ir Jerusalem as the city's new benefits club for volunteers. This recognition highlights the company's early traction in establishing its social impact platform within local communities, signaling its potential to effectively engage volunteers and donors while providing value to retailers.
Log in to access full profile ›Company Intelligence Q&A
- What is Wishingwell's primary focus?
- Wishingwell operates as a social impact platform, connecting donors and volunteers with rewards like discounts and special deals from retailers. This dual approach helps nonprofits engage their base and retailers boost sales and loyalty.
- When was Wishingwell founded and by whom?
- Wishingwell was founded in May 2017 by Ron Margaliot, who also serves as a Co-founder and Data Analyst.
- Which investor participated in Wishingwell's funding round?
- Wishingwell received Pre-Seed funding from Fresh Fund.
- What kind of market does Wishingwell target?
- Wishingwell targets enterprises and SMBs within the Commerce & Retail sector, specifically focusing on distribution channels and brick-and-mortar businesses.
- What was a notable local initiative by Wishingwell?
- In September 2019, Wishingwell launched a new benefits club for volunteers in Jerusalem, as reported by Kol Ha'Ir.