Bugle Receives Investment from Volunteer State to Transform World of Volunteering
Bugle's software enables nonprofits to efficiently organize and fundraise for community outreach projects, with the option to start for free using Bugle's Community Plan.
Bugle, a company that specializes in volunteer management solutions, today announced that InvestTN joined its seed round to accelerate growth and expand global operations. The newest InvestTN portfolio company, Bugle is changing the world of volunteering from the capital of the volunteer state. Bugle is a PenFed Foundation Veteran Entrepreneur Program participant.
Founded in 2021 by U.S. Army veteran Ryan Johnson, Bugle was selected to participate in The PenFed Foundation Veteran Entrepreneur Program Fall 2023 Cohort. The program exclusively supports veteran and military spouse entrepreneurs building highly scalable startup companies — ranging from the idea stage through to Series A and beyond.
"At our core, we believe that helping people shouldn't be hard, so we build software that makes it easy," said Johnson.
The funds will be used to further Bugle's mission to double volunteering in the US by 2030, and worldwide by 2036. Doubling volunteering globally will provide an additional $1.2T in social services annually. Today, Bugle's volunteer management software is empowering hundreds of nonprofits and NGOs across the United States and six countries across the world.
"Launch Tennessee and our InvestTN fund is committed to supporting Tennessee startups and entrepreneurs and we are thrilled to invest in Bugle, a veteran-led company with strong roots in our state," said Chief Investment Officer of Launch Tennessee Eller Kelliher. "Ryan's military background and dedication to service exemplify the entrepreneurial spirit we seek to foster. I am confident in Bugle's ability to scale and make a lasting impact in Tennessee and beyond."
"It's been a privilege to support Ryan and Bugle through our Veteran Entrepreneur Program," said PenFed Foundation President Andrea McCarren. "As a veteran-led company solving real challenges for nonprofits, it is a prime example of the innovative startups we seek to elevate. This funding is a testament to the strength of their vision and execution."
