EverTrue Raises $8M in Series B Funding

Funding Rounds

Summary

EverTrue, a Boston, MA-based provider of a Software-as-a-Service (SaaS) social donor management platform, raised $8m in Series B funding.The round was led by Bain Capital Ventures, with participation from Silicon Valley Bank.The company, which has now raised $14.5m in total, plans to use the capital to support further investments in engineering, data science and customer success.Led by Brent Grinna, Founder and CEO, EverTrue leverages social networks including LinkedIn and Facebook to provide real-time insights to support donor identification and prospect management.It currently works with more than 250 organizations, including higher education institutions and independent schools.

$ Funding

$
Amount $8.0M Total raised
Date October 15, 2014 Announcement date
Investors SVB Capital, Bain Capital Ventures Lead investors
Company http://www.evertrue.com Funded company

Classifications

industries
Non-Profit
applications
Accounting and Taxes

AskAI Classifications

Labels
Software SaaS Fundraising Software

Linked Companies

EverTrue
$10M to $25M