BREAD
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$3.4m | Seed | ||
$3.4m | Series A | ||
N/A | Acquisition | ||
Total Funding | €6.2m |
Related Content
Recent News about BREAD
EditBread is a platform designed to facilitate micro-donations to a wide array of open source projects. It serves individual donors who wish to support the open source ecosystem by allowing them to donate small amounts, even less than $0.01, to multiple projects. Users can select projects by finding Donate buttons on the web or by entering project URLs directly into the platform. Each month, the total donated amount is distributed among the selected projects based on predefined weights. Bread operates in the open source software market, targeting developers and tech enthusiasts who are keen to support open source initiatives. The business model revolves around aggregating small donations and distributing them to various projects, thereby supporting the entire open source supply chain. Bread makes money by taking a small percentage of the donations processed through its platform. This ensures that the service remains sustainable while providing value to both donors and recipients.
Keywords: micro-donations, open source, software development, donation platform, tech enthusiasts, developers, project support, monthly distribution, donation aggregation, open source ecosystem.