Fulcrum Equity Partners Announces $18M Series B for Virtuous Software

Fulcrum Equity Partners, a software-focused growth equity fund, has announced an $18M Series B in Virtuous, a responsive fundraising platform with integrated payments to help nonprofit (“NPOs”) teams increase donations and improve donor retention. The capital raise will go towards scaling the company’s go-to-market motion, customer success, and product expansion. “Our growth is requiring us to move faster,” shared Virtuous CEO Gabe Cooper. “We are already driving value to many of the world’s top nonprofits, and this partnership with Fulcrum Equity Partners will accelerate our ability to serve nonprofits to grow global generosity.” Founded in 2014 and based in Phoenix, Arizona, Virtuous’ platform is purpose-built and uniquely suited to solve for the challenges faced by non-profits today. “The NPO market is in the early stages of digital transformation, and we’re excited to partner with Gabe and the rest of the management team at Virtuous to continue building as a leader in the sector,” states Fulcrum Partner Jim Douglass.