Case Study: Ersilia achieves transparent fundraising and budget management with Open Collective

Ersilia saves $15,000 a year with Open Collective

Ersilia, a nonprofit supporting AI research for infectious diseases, needed a transparent and efficient way to manage its finances and fundraising. Their challenge was to operate fully in the open while simplifying the process of accepting donations and handling administrative requirements. They turned to the platform Open Collective to address this.

Open Collective provided a solution for transparent budgeting, streamlined fundraising, and easy financial reporting. By using Open Collective, Ersilia successfully raised over $13,000 through a matched funding campaign and acquired a key GPU workstation for $4,812. This resulted in a measurable impact, saving the organization an estimated $15,000 per year on cloud computing costs.

Ersilia