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SaaS Interviews with CEOs, Startups, Founders

1713 Is this a better way for schools to fundraise?

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 2 April 2020

⏱️ 16 minutes

🧾️ Download transcript

Summary

Mark Abbott shares a passion for farms, food and community wellness with his wife and two school-aged kids. He is founding team member for AmeriCorps and past Director of the Poverty program at the C. S. Mott Foundation. Mark has a PhD in economic anthropology from the University of Pittsburgh and start-ups in the non-profit and for-profit sectors. Mark is the founder and CEO for FarmRaiser, a platform and service for healthy product fundraising.
 

 

Transcript

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0:00.0

launched farm raiser a couple years ago, now working with over 30 groups really doing

0:04.3

fundraising or basically fundraising companies now using his SaaS platform. He's got a big

0:09.2

ecosystem play here, though. They're tracking many different things, really replacing the old

0:14.1

kind of high school PTA booster club fundraising model with junk food to, hey, you know, let your

0:19.7

people sell local goods, local things. They take a small cut of that. They've raised a million bucks to

0:24.7

build out the ecosystem, the mobile app, the website, the marketplace, scaling with nine

0:29.3

people between Virginia and remote locations as they look to get to break even by the end of

0:33.4

this year. Hello, everybody. My guest today is Mark Abbott. He shares a passion for farms,

0:38.2

food, and community wellness with his wife and two school-aged kids. He's a founding team member

0:42.4

of AmeriCorps and past director of the poverty program at the CSMOT Foundation. He's got a PhD

0:47.4

in Economic Anthropology from the University of Pittsburgh and startups in the nonprofit and

0:51.2

for-profit sectors. He's the founder and CEO today of Farm

0:54.4

Razor, a platform for service, a platform and service for healthy product fundraising. Mark,

0:59.7

you ready to take us to the top? Let's do it. All right. So let's double down here on Farm

1:04.1

Razor. I know you're doing a lot, but what does Farm Razor specifically do and what's the revenue

1:07.5

model? How do you make money? So basically it's a marketplace and a service that allows anyone with a healthy product

1:14.6

to make it available for school or group fundraising.

1:17.6

So the purpose of farm raisers to blow up the fundraising industry that usually sells pizza,

1:22.6

cookie dough, gift wrapping paper, lots of goods that are high, the low value, high cost with

1:29.8

low profit for the causes. So farm raisers try to reinvent that model by directly connecting

1:35.4

people with great products that we'd like to make them available for fundraisers in their

1:39.0

community and folks needing to make money. What do you mean by fundraising? So for example,

...

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