Virtuous, a Phoenix, AZ-based provider of responsive fundraising software for nonprofits, raised $100m in funding.
The round was led by Susquehanna Growth Equity.
The company intends to use the funds to accelerate product innovation and enhance services for its nonprofit customers. Virtuous plans to expand its suite of tools designed to empower nonprofits with data-driven insights, integrations, and a more personalized approach to fundraising. The funding will enable the company to accelerate the development of new features including AI tooling, expanded integrations, third-party data insights, and platform upgrades based on the needs of its users. In addition to product development, Virtuous will invest in expanding its customer success and services teams to provide support and playbooks to its growing base of nonprofit users.
Led by Gabe Cooper, CEO, Virtuous is a provider of Responsive Fundraising software dedicated to empowering nonprofits with modern and innovative tools specifically designed to increase generosity by building more personal relationships with donors. Tens of thousands of nonprofit professionals use Virtuous CRM, marketing tools, and analytics solutions.
FinSMEs
19/09/2024