About Omaze
Omaze runs online sweepstakes that allow people to win unique prizes like celebrity meet-and-greets and luxury trips while raising funds for charities. Participants buy entries for a chance to win, and a portion of the proceeds goes to partnered charities, often generating significantly more funds than traditional fundraising methods. What makes Omaze different is its focus on creating engaging experiences that blend entertainment with philanthropy. The company's goal is to maximize fundraising for charities while providing enjoyable experiences for participants.
Culver City, CaliforniaHeadquarters
2012Year Founded
$123.5MTotal Funding
SERIES_CCompany Stage
Social Impact, Consumer GoodsIndustries
11-50Employees
Benefits
Competitive compensation and benefits including attractive equity package.
We're committed to putting the health of our employees first and are currently working from home with a stipend for office setup, continuation of company events (virtual), and more.
We actively seek out diversity of thought and experience to drive innovation. We welcome difference of background, identity, and perspective and work hard to ensure that all people can bring their authentic self to work at all times.
Risks
Increased competition in the online sweepstakes market could dilute Omaze's market share.
Potential regulatory scrutiny may impose additional compliance costs for Omaze.
Departure of former CMO Eric Edge could disrupt Omaze's marketing strategies.
Differentiation
Omaze offers unique experiences like celebrity meet-and-greets and luxury trips.
The company partners with well-known charities, ensuring significant fundraising success.
Omaze's model raises up to 40 times more funds than traditional methods.
Upsides
Increased interest in experiential marketing boosts Omaze's brand partnerships.
Digital philanthropy platforms align with Omaze's online sweepstakes model.
Growing preference for purpose-driven brands benefits Omaze's entertainment-charity combination.
Funding
Total raised$123.54 M
Latest valuation$425.00 M
StageSERIES_C
SERIES B
7/31/2020$30
$150.00 MEARLY VC
12/31/2017$2
$10.00 MSERIES A
6/30/2015$9
$45.00 MANGEL
6/30/2012$1
$5.00 M