Have you ever used AI to provoke your fundraising efforts but? If not, you might be within the minority. AI has develop into a wildly common device to help with a wide range of enterprise and nonprofit duties. 73% of American-based companies presently use AI in a roundabout way, whether or not that’s to assist them generate content material, establish attainable methods, or pull complete studies.
On this article, we’ll share eight AI-powered fundraising platforms and instruments that may make it easier to smash your fundraising targets and safe extra regular funding on your group.
Advantages of Utilizing AI for Fundraising
AI-powered fundraising entails utilizing AI instruments to:
- Make data-based fundraising selections
- Generate copy for marketing campaign supplies like social media posts, emails, and enchantment letters
- Enhance your database segmentation for extra focused outreach
And extra. Listed below are some advantages of utilizing AI fundraising platforms and instruments for these duties:
1. Simplify
Let’s face it – fundraising is getting sophisticated. Gone are the times when your annual enchantment would usher in sufficient funding for the yr via a handful of main donors.
Now, fundraising requires cautious technique, fixed donor cultivation and stewardship, and extra of the whole lot – outreach, occasions, members, and so on.
Utilizing AI helps you simplify this complexity by automating sure duties and permitting you to give attention to connecting together with your donors.
2. Develop your capability
Because the complexity of fundraising duties will increase, so does the pressure in your employees’s time.
The stress to maintain engaging in increasingly more can result in an overworked workforce which may be experiencing burnout. AI can full a number of the primary duties on your employees like writing marketing campaign copy and pulling mailing lists. This can liberate their time to do extra gratifying work, like cultivating new main donors or grantors.
3. Broaden your horizons
Do you ever get caught in the identical sample of doing issues? Typically breaking out of the day-to-day and seeing the larger image feels unattainable. AI will help you conceive new fundraising methods with components you might not have thought-about earlier than.
For instance, in the event you’ve run the identical year-end marketing campaign for years, AI can use your knowledge to counsel a greater time to attach together with your donors and make it easier to put together the right fundraising plan.
Prime 8 AI-Powered Fundraising Platforms and Instruments
Now that we all know the advantages of utilizing AI to fundraise, let’s have a look at eight of the most effective AI-powered fundraising platforms in the marketplace. For every, we’ll present a common overview, have a look at a couple of key options, and share the pricing when obtainable.
1. Donorbox DonationDriver AI
Overview
Donorbox DonationDriver AI serves as your diligent fundraising assistant, tackling a wide range of duties that can assist you fundraise smarter. Plus, it’s linked to all of your donor and donation knowledge on Donorbox, permitting it that can assist you totally perceive your fundraising success in a single place.
Options
- Pull detailed knowledge studies to watch your fundraising and achieve insights about your marketing campaign methods
- Visualize knowledge with bar, pie, and line charts to simply illustrate your development
- Ask for contact lists for focused outreach to nail your segmentation technique
- Generate compelling copy for social media posts, emails, letters, grant narratives, and extra
- Create custom-made fundraising methods to sharpen your strategy
Plus, take pleasure in all of Donorbox’s highly effective fundraising features:
And extra!
Value
DonationDriver AI is free for all Donorbox Premium customers. Premium plans are totally customizable and embody a collection of unique options and instruments, alongside together with your selection of precedence assist, devoted account managers, fundraising teaching, and extra. Study extra and join a Premium demo here.
2. DonorSearch Ai
Overview
DonorSearch Ai takes your knowledge and analyzes it towards 800 extra knowledge factors, leading to an algorithm that may suggest donor prospects who’re seemingly to offer in a yr.
Options
- Entry an algorithm with two fashions: a donor mannequin that may predict when a donor will give once more in a twelve-month interval and a non-donor mannequin that may predict when a prospect will make their first donation to your group
- Obtain donor probability scores via visualization instruments that make segmented outreach simpler
Value
DonorSearch Ai doesn’t record their pricing publicly. To be taught extra and uncover pricing, ebook a demo.
3. Elevate from Gravyty
Overview
Raise from Gravyty is a predictive AI fundraising software program that may make it easier to decide the right time to achieve out and craft the suitable supplies to attach with donors after they’re most keen to offer.
Options
- Generate fundraising e-mail drafts
- Obtain donor options in your inbox
- Get journey plans based mostly on the place your donors are positioned or request a listing of donors that match your journey plans
- Discover venues to host fundraising occasions in areas that make sense on your donors
- Sync all donor interactions together with your CRM
Value
Whereas the pricing for Elevate isn’t printed, they do assure to double the worth of your contract with them within the first yr or your subsequent yr is free.
4. Correctly
Overview
Wisely is a prospect analysis and predictive AI device that helps you discover extra donors, visualize your donor portfolio, and construct sturdy relationships.
Options
- Determine which donors will give quickly – and the way a lot they may give
- Kind your donor prospects by a wide range of filters
- If you discover a promising prospect, you possibly can assign them to a member of your workforce
- Hook up with your CRM
Value
Whereas Correctly additionally doesn’t publicize their pricing, they do boast an reasonably priced bundle with a robust return on funding. To be taught extra about this AI-powered fundraising platform’s product and pricing, ebook a name with their gross sales workforce.
5. Momentum
Overview
Momentum is an AI donor engagement platform that helps you sort out a wide range of donor stewardship and cultivation duties, in the end streamlining the pathway out of your CRM to connecting together with your donors.
Options
- Set up, schedule, and ship all donor communication
- Generate customized donor stewardship plans for every donor
- Sync all outreach data and communications together with your CRM mechanically
- Evaluation development dashboards to trace your progress
Value
To be taught extra about Momentum’s choices and uncover their pricing, you need to arrange a name with their gross sales workforce.
Fundmetric
Overview
Fundmetric gives an answer to mix all of your knowledge into one wholesome, AI-powered ecosystem with out abandoning your current options.
Options
- Obtain customized, versatile integrations together with your current options
- Mechanically label knowledge to construct a stronger knowledge ecosystem
- Use AI-powered giving predictions for higher outreach
- Perceive your video viewers with distinctive video insights
Value
Fundmetric prices a flat price based mostly on the dimensions of your group. Ebook a demo to get a custom-made quote.
6. Fundwriter AI
Overview
Fundwriter.ai helps you write copy for a wide range of fundraising duties in minutes.
Options
- Generate compelling appeals that embody storytelling
- Revise your present content material to be extra concise
- Use donor personas to focus on communications
- Predict ceaselessly requested questions so as to add to your supplies
Value
Fundwriter.ai’s Fundamental plan is $29/month billed month-to-month or $22/month billed yearly. The Fundamental plan consists of as much as 20,000 phrases and entry to their 30+ writing fashions. The Skilled plan is $89/month billed month-to-month and $68/month billed yearly. Along with entry to the 30+ writing fashions, this plan gives limitless phrases and early entry to new options. Study extra about their pricing here.
8. Hatch
Overview
Hatch is a giving intelligence platform that gives a whole donor profile. The device then recommends customized engagement strategies to enhance your donor conversion charges.
Options
- Use the search portal to search out donors who’re seemingly to offer while you want them
- Evaluation a donor snapshot to see a fast overview of all necessary data
- Try the life-style part to know your donors’ pursuits and habits
- Entry information tales about your donors together with their social community footprint
- Generate copy for letters and grants
Value
Hatch’s pricing is determined by your wants. They’ve a free plan that provides you entry to most of their options for 50 enrichment profiles (donor profiles) and 50 writing drafts a month. Their Starter plan is $50/month and consists of 350 enrichment profiles and 100 writing drafts, plus an extra consumer seat.
In addition they supply elevated profile packages so as to add extra depth to your enrichment profiles. That pricing ranges from $250/month to $1,200/month. Study extra about their pricing here.
Conclusion
AI is right here to remain, and good nonprofits are discovering instruments to assist them sort out the on a regular basis duties obligatory for a wholesome fund growth division. Whether or not you want AI to generate copy on your subsequent enchantment letter or make it easier to analyze the information out of your final marketing campaign, these AI-powered fundraising platforms will full these duties in a matter of minutes – releasing you and your employees up for extra necessary work.
Donorbox DonationDriver AI gives simple, efficient AI assist to function your final fundraising assistant. Join a Premium demo right now to learn the way Donorbox can take your group to the subsequent degree.
To check extra fundraising instruments, take a look at the remainder of our Nonprofit Blog. Subscribe to our newsletters to obtain the most effective of the weblog in your inbox each month.