Helping More Parents and Teachers Get Back to School

AXA Strategic Ventures Gives Online Volunteer Site a Big Boost by
Leading a $1.3 Million Funding Round

NEW YORK–(BUSINESS WIRE)–AXA Strategic Ventures today announced it has made a significant
investment in VolunteerSpot,
a free event planning and community engagement platform that saves time,
simplifies coordination, and boosts participation with easy-to-use
digital sign-up and fundraising tools for parents, teachers and
volunteers. VolunteerSpot enables users to select where they want to
pitch-in, share or swap tasks, make donations, purchase tickets, sync
sign-ups to their online calendars, and send automatic messages and
reminders.

More than 7 million families, teachers and involved community members
have used VolunteerSpot to participate in over 20 million school and
classroom activities and good works in local fundraisers, sporting
events, community service projects, potlucks, charity walks and races,
and more.

“AXA Strategic Ventures invests in high-growth and high-impact companies
like VolunteerSpot that are transforming the way we live,” said Manish
Agarwal, General Partner of AXA Strategic Ventures. “We have deep roots
in the K-12 education community through our retirement
planning services
for teachers and school administrators, as well as
our philanthropic work through the AXA
Achievement Scholarship Program
. VolunteerSpot’s commitment to
empowering leaders and mobilizing parents matches AXA’s historic
commitment to education.”

AXA Strategic Ventures led the $1.3 million funding round to support
VolunteerSpot’s continued growth, timing the investment to coordinate
with the start of the school year. In addition, Manish Agarwal will be
joining VolunteerSpot’s board of directors.

“Parents and teachers are our most passionate champions. We built
VolunteerSpot to make it easy for them to coordinate events, motivate
volunteers and get the kind of participation they need to succeed. With
this investment from AXA Strategic Ventures, we will be poised to reach
even more parents, teachers and leaders in our schools and communities,”
said Karen Bantuveris, CEO and Founder of VolunteerSpot.

Find out more

See how VolunteerSpot gets more people to sign up and show up at www.volunteerspot.com

About AXA Strategic Ventures

AXA Strategic Ventures is a €200M venture capital fund dedicated to
emerging strategic innovations in insurance and financial services. AXA
Strategic Ventures invests in startups via seed funding and also
provides venture capital for growth companies. The fund currently has
seven offices: San Francisco, New York, London, Paris, Zurich, Berlin
and Hong Kong.

Find more information about AXA Strategic Ventures at www.axastrategicventures.com.
Find video interviews, biographies, FAQs and media coverage in the AXA
US Newsroom at www.axa.com.

About VolunteerSpot

Launched in 2009, VolunteerSpot is the leading online coordination tool
that makes it easy for people everywhere to join together and make a
difference in their communities and schools. 7 million parents,
teachers, and active community members have saved time (and stress)
getting organized with VolunteerSpot’s web and mobile sign-up and
fundraising apps. Based in Austin, Texas, VolunteerSpot is privately
held and funded by ASV, ffVC and angel investors.

Contacts

Media:
AXA Strategic Ventures:
Discretion Winter,
212-314-2968
discretion.winter@axa.us.com
or
Josh
Passman, 212-279-3115 x203
jpassman@prosek.com
or
VolunteerSpot:
Diana
Schlott, 512-237-7397 x5
DianaS@Volunteerspot.com