This Entrepreneur Is Giving Nonprofit Tech A Competitive Edge Thanks To AI Automation
December 5, 2024
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20:02Now PlayingThis Entrepreneur Is Giving Nonprofit Tech A Competitive Edge Thanks To AI Automation
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as posted by the channelIn her early 20s, Maya Kuppermann spent countless hours writing pitches seeking funding for various nonprofits. The process was repetitive, frustrating and—too often—fruitless. So in 2022, she and her cofounder, Ruthwick Pathireddy, 29, launched Temelio to streamline the grantmaking process from beginning to end. Temelio uses AI to automate mundane tasks—like verifying that a nonprofit is in good standing with the IRS—and helps foundations track funds efficiently. “The world of for-profit tech is 20 years ahead of nonprofit tech because people just don’t see money in it,” says Kuppermann, who started her first organization at age 12 to provide secondhand dance clothing to children. “That started to gnaw on me.” Temelio’s core customers are the foundations doling out money, but nonprofits can use her software to apply for certain grants. Today, Temelio, which has raised $4 million, facilitates more than $130 million in grants annually, working with organizations such as Kapor Foundation, Peloton and the McNulty Foundation.
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