Bloomerang Secures Strategic Investment from Leading Private Equity Firm Warburg Pincus to Accelerate Delivery of First Giving Platform

Funding Rounds

Summary

The companys powerful yet easy-to-use platform is highly effective in helping customers improve donor retention and increase supporter engagement," says Sam Lipsick, managing director at Warburg Pincus. "Were excited to support Bloomerang and Qgiv coming together, to offer an even better fully-integrated experience for customers across the nonprofit community," added Andrew Park, managing director at Warburg Pincus." Indianapolis-based Bloomerang is the complete donor, volunteer, and fundraising management solution that helps thousands of small and medium-sized nonprofits deliver a better giving experience and create stable, thriving organizations. For over three decades, JMI has partnered with exceptional founders, entrepreneurs, and management teams at high-growth software companies to provide flexible capital, industry expertise, and operational support to build businesses of enduring value. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore.

$ Funding

$
Amount - Total raised
Date February 19, 2024 Announcement date
Investors - Lead investors
Company bloomerang.co Funded company

Classifications

industries
Non-Profit
applications
Accounting and Taxes

AskAI Classifications

Labels
Nonprofit CRM Software Fundraising Software Donor Management Software

Linked Companies

Bloomerang
$10M to $25M