Bay area start up goes bankrupt owing $29 million to 3,200 nonprofits across the country

[BlueWaveNeverEnd]

https://www.sfgate.com/tech/article/startup-collapses-bankruptcy-owing-nonprofits-21268946.php

The idea for Flipcause was simple. Starting in 2012, the Oakland startup provided technical tools for thousands of nonprofit organizations, handling the work of online storefronts, donation systems and ticketing pages. Millions of donor dollars flowed through Flipcause’s tech to nonprofits focused on just about every societal issue.

Then, this year, much of that money suddenly stalled under Flipcause’s control, as evidenced by testimonials from client companies on social media, with the Better Business Bureau, and to SFGATE. Nonprofits across the country were left in the lurch, unable to access the donor cash that funds their work in education, food distribution, health care, legal defense and more. 

In October, a class-action lawsuit accused Flipcause of fraud, led by a nonprofit that said it was out $75,000. In November, California Attorney General Rob Bonta filed a cease and desist against the company, accusing it of withholding $615,000 in donations. Finally, on Dec. 19, Flipcause filed for bankruptcy, proof of just how far the startup has fallen.

The bankruptcy filing lists some astonishing figures. Flipcause has about $30.5 million in debts, more than $29 million of which is money owed to more than 3,200 nonprofits, foundations and other organizations. Flipcause owes $1.2 million to the Sweet Relief Musicians Fund, a nonprofit for struggling musicians based in Brea, California. Loveland Foundation, which provides therapy and programming for Black women, is owed $701,000. Flipcause also owes $100,000 or more to the Second Harvest Food Bank of San Joaquin & Stanislaus Counties, the California Collaborative for Immigrant Justice, San Diego-based Border Angels and about two dozen other organizations.

[dalton99a]

1. Sounds like a scam.

https://oaklandvoices.us/2025/11/12/where-is-flipcause-donation-platform-oakland/

Where is Flipcause? Donation platform missing from Oakland
November 12, 2025

Flipcause touts Oakland as its headquarters on its website. Yet the fundraising platform accused of withholding millions from nonprofits nationwide appears to have no physical presence here or anywhere.

Oakland Voices visited the 101 Broadway address listed on Flipcause’s website. The space belongs to Port Workspaces, which leases co-working spaces at three Oakland locations.

On four separate visits since July, Oakland Voices found no signage, directory, or staff acknowledgement of Flipcause at the Jack London Square location.

Port Workspaces did not respond to emails seeking to confirm Flipcause’s tenancy. Other tenants told Oakland Voices they had never heard of Flipcause.

...

[BlueWaveNeverEnd]

2. Where is the money Sean Wheeler?

https://oaklandvoices.us/2025/10/01/flipcause-delays-half-million-worldwide-nonprofits-strained/sean_wheeler/

[Ilsa]

3. Wheeler started and owns it?

Prison time for him.

[BlueWaveNeverEnd]

4. I dont know that he started it. Trump would pardon him if he's a fat cat

[usonian]

5. Welcome to startup world. Been there, done that. Ticker symbol: PTSD