socialmedian: Wild Apricot: "Economic Scars"

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Wild Apricot: "Economic Scars"

Source: ReadWriteWeb

3 days ago

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Wild Apricot is a young technology company out of Toronto, Canada. We provide Software-as-as-Service for associations, clubs, and non-profit organizations. This is our story of an investment round that fell through due to economic conditions.

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Our clients are primarily based in US and Canada, as well as other English-speaking countries around the world: UK, Australia, New Zealand, Singapore, etc. (software is currently only offered in English). As of now (November 2008) we already have over 12,000 organizations signed up for our membership website software, which we think is not bad for a barely 2-year-old startup.

Originally financed by our founders, the company wanted to grow faster and in December 2007 decided to seek additi

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