What is Bloomerang?
Bloomerang is a prominent provider of donor management (CRM) and fundraising software tailored for small and midsized nonprofit organizations. The company's offerings are designed to streamline operations and enhance fundraising efforts for its clientele. Notably, Bloomerang recently acquired Qgiv, a leading fundraising and payment processing platform, integrating donor management, fundraising, and payment capabilities into a unified solution for nonprofit customers.
How much funding has Bloomerang raised?
Bloomerang has raised a total of $1.9M across 2 funding rounds:
Private Equity
$930K
Debt
$1M
Private Equity (2012): $930K, investors not publicly disclosed
Debt (2020): $1M led by PPP
Key Investors in Bloomerang
PPP
Public-Private Partnership
What's next for Bloomerang?
The recent major enterprise-level funding, coupled with the strategic acquisition of Qgiv, positions Bloomerang for accelerated expansion and enhanced service offerings. This capital injection is expected to fuel further platform development, market penetration, and potentially more strategic acquisitions. The company's focus on providing integrated solutions for nonprofit fundraising and donor management indicates a trajectory towards becoming a comprehensive technology partner for the sector, aiming to maximize donor engagement and financial support for its clients.
See full Bloomerang company page
