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 Fresh Fund, and was recognized in September 2019 for its new benefits club for volunteers in Jerusalem.
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 various retailers. The platform serves nonprofits by offering an effective tool to recognize and engage their donor/volunteer base, while also enabling retailers to increase in-store traffic, sales, and cultivate customer loyalty through social causes. Operating within the Business Software sector, Wishingwell focuses on e-Commerce Tools and Sales & Marketing Solutions, targeting enterprises and SMBs in the Commerce & Retail industry.
Strategic signal
In September 2019, Wishingwell launched a new benefits club for volunteers in Jerusalem, as reported by Kol Ha'Ir. This initiative highlights the company's commitment to community engagement and its ability to forge local partnerships, signaling a strategic focus on expanding its social impact and market presence within specific geographic regions.
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.