Launched by startup studio Novel Ventures, Myte is a unique giving platform connecting daily donors with nonprofits to make giving as smooth as possible.
DALLAS, March 16, 2022 /PRNewswire/ — Novel Ventures, dallasStartup Studio-Based, today announced the launch of its new portfolio company, mytha unique giving platform connecting everyday donors to the real-world needs of nonprofits to make giving as seamless as possible.
Launched as a mobile app, Myte bridges the gap between the millions of nonprofits in need of financial support and the millions of donors looking to make a difference with their charitable donations.
New to the dallas entrepreneurship scene, New companies is a startup studio that partners with driven founders to turn lunar ideas into world-changing businesses. Launched at the end of 2021 by a venture capitalist Matthew Rial, Novel brings together capital, shared resources and expertise to increase the chance and speed of startup success. In addition to Myte, Novel recently launched Good neighborhooda mobile artisan cafe concept and plans to build two to three new businesses each year.
“We want Novel to be a leader in redefining the success of traditional businesses and for the market to focus on real, lasting impact rather than hype and inflated value,” says Rial, managing partner at Novel Ventures. “Myte is the perfect way to introduce Novel to the world. The mission to radically transform the way people give is a perfect representation of the ambitious, goal-driven journey we’re embarking on.”
Myte’s technology centralizes access to over a million charities around the world and fulfills their needs directly within the app, allowing users to easily discover and donate to their favorite organizations all in one place.
“With the outdated steps of traditional giving, most donors never see the impact of their giving and fail to stay connected to the causes they are passionate about,” says Blake Harvey, Founder of Myte. “Our goal with Myte is to modernize the giving process with features that bring donors to the frontlines of giving back, while making giving as easy as possible.”
Nonprofits have the ability to claim their Myte profile and share specific needs, campaigns, and updates with their donors around the world. Myte’s donor-centric app will resonate and feel familiar to our Tech-Forward society. Users can explore new nonprofit trends and even encourage their friends to give to each other on a social feed.
“We use apps like Robinhood, Venmo, and Mint to manage our personal finances, but nothing similar exists to easily manage charitable donations,” says Brendon Marks, Myte board member and partner at Trilogy Investment Group. “I see Myte not only as the ultimate solution for every donor’s giving needs, but also as an exciting catalyst for good in our world.”
Myte currently allows interested users to join the early access waiting listas well as to encourage non-profit organizations to claim your profileso they can customize their account and add donation requests before the platform goes live in summer 2022.
Founded by dallasStartup studio based in New York, Novel Ventures, March 2022, Myte is a one-stop donation platform connecting daily donors with nonprofits to make giving as smooth as possible. Myte’s mission is to transform the way people give, for good. Join the Early Access Waitlist at joinmyte.comand follow instagram, Twitterand LinkedIn.
About Novel Ventures
Founded at the end of 2021, Novel is a startup studio in Dallas, TX who co-builds new ventures alongside driven founders to transform lunar ideas into world-changing businesses. Learn more at Novelventures.com.
Shelbi Davidsonhead of operations
SOURCE New ventures