ChangeIt (Formulating Change Inc.)
ChangeIt® is a crowdfunding platform that leverages today's shift to cashless purchases to enable consumers to support their favorite causes with each purchase.
- Stage Full Product Ready
- Industry Financial Services
- Location Waterloo, ON, Canada
- Currency CAD
- Founded May 2008
- Employees 12
- Website ChangeIt.com
Company Summary
ChangeIt® partners with financial institutions to enable their customers to support charities by rounding up cashless purchases (E.g. nearest dollar), creating Virtual Change®, & directing it to their preferred charities.
Importance to partner FI's:
- Top-of-wallet advantage
- Increased card spend, &
- CSR Initiatives.
Importance to partner charities:
- Traditional giving declining
- access to new donors, &
- New & Recurring revenue stream.
Team
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Jim StirtzingerChief Operating OfficerManaging and mentoring the staff & daily operations of Formulating Change Inc.
12 years COO & VP Operations in the regulated Healthcare IT industry.
Both international public companies and private start-ups. -
Director of TechnologyChief Architect and team lead of our technology based activities.
BMath (Honours Computer Science) from University of Waterloo
Lead software developer for several Waterloo Region technology companies. -
President & Chief Philanthropy OfficerBuilding key relationships with strategic partners, advisors & investors.
David is the passionate Founder of the ChangeIt®. David advises for several companies in the Social Enterprise space. David holds a BMath and BEd with 18 years experience in Public Education -
Philip HatcherVP Marketing & Business DevelopmentExternal communications, marketing and business development activities.
Masters of Business, Entrepreneurship & Technology, from the University of Waterloo & Certificate of Advanced Management from Århus Universitet (Denmark).
Co-Founder and Director of Marketing & Sales for a mobile technology company. -
CEOFormer Head of North American Payments, BMO Financial Group
Board Member: MasterCard Canada, Interac, Moneris, CBA -
VP Financial Institution Relationship ManagementSelling into and Managing the Financial Institution relationships with ChangeIt. 10 years of CEO experience in Financial Services software and previous 15 years experience at VP level- Sales & Marketing with one of Canada’s Big 5 Banks.
-
Chief Financial OfficerOver 20 years of professional experience in international public practices and bank finance including the CFO role for the credit card division with one of Canada's Big 5 Banks. Membership of Chartered Professional Accountants of Ontario and American Institute of Certified Public Accountants (Illinois).
Advisors
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GowlingsLawyerUnconfirmed
KPMGAccountantUnconfirmed
Previous Investors
-
GTAN (Golden Triangle Angel Network)Unconfirmed
Michael Stork (Angel Investor)Unconfirmed
Daniel Mance (Burlington Resident, Successful Technology Entrepreneur)Unconfirmed -
IAF (Investment Accelerator Fund)Dan MathersUnconfirmed
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