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A payment network connecting nonprofits to the $326B in DAFs
Chariot is building the financial infrastructure for the $326 billion donor-advised fund (DAF) market, the fastest-growing segment of philanthropy. Our gift processing platform is an end-to-end solution for managing DAF payments, making it easier for grantmakers to send grant payments and nonprofits to receive, reconcile, and enrich their donation data. Chariot also powers DAFpay, the industry’s first integrated DAF payment option and a TIME’s Best Invention of 2025. It is embedded on over 100,000 nonprofits’ donation forms—including American Cancer Society, Memorial Sloan Kettering Cancer Center, and University of Pennsylvania—and is a primary payment option on leading fundraising platforms like GoFundMe and GiveButter. Hundreds of millions are already moving through Chariot’s platform, and we’re just getting started.
Chariot is a fintech platform that helps nonprofits raise more from Donor-Advised Funds (DAFs) by providing a unified, AI-powered set of tools for gift processing, disbursements, and DAF payments. It positions itself as the only DAF payment option to streamline charitable giving and grant payments.
Chariot offers a unified platform that enhances DAF-related fundraising and operations. Key components include: DAFpay for processing donations from Donor-Advised Funds, Gift Processing to automate and accelerate gift handling, and Disbursements to modernize grant payments. The product is described as AI-powered, aimed at saving time for gift processors and enabling nonprofits to raise more from DAFs with a single, flexible workflow.
Who it’s for: Nonprofit organizations that receive donations through Donor-Advised Funds and need to streamline gift processing and grant payments.
mentions of partnerships with large nonprofits and awards/recognition, plus webinar events and ongoing marketing materials
Salo is the CEO of Chariot. Before Chariot, Salo was a backend engineer at BlackRock and a founding engineer at Forage (YCS21). Salo graduated from the University of Pennsylvania with a degree in computer science. Salo was a President Innovation Prize finalist and at the age of 18 co-built a roommate app with 5,000+ users in 2 months with 0 CAC, 5 interns & 50+ brand ambassadors. Salo was born in Caracas, Venezuela.
Aaron is the COO of Chariot. Before Chariot, he was a consultant at Bain & Company. At Bain, he worked for a $100B+ hedge fund looking at public equities in the tech/telecom space. Aaron graduated Summa Cum Laude from the University of Pennsylvania, receiving the highest distinction in his major. He also worked with Adam Grant on his NYTimes’ best-selling book Think Again and Angela Duckworth on her upcoming book.
Drew is the Chief Product Officer of Chariot. Before Chariot, he was a consultant at Bain & Company. At Bain, he ran due diligence on software systems for top healthcare providers. Drew graduated Summa Cum Laude from Dartmouth College with a degree in Human-Centered Design. He has an extensive background in UI/UX and the design workflow process.
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