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Bloomerang

Bloomerang

Donor management software for nonprofits

About

Bloomerang provides donor management software specifically designed for nonprofit organizations to improve their relationships with donors. The software offers a detailed overview of donor engagement by analyzing past interactions, which helps nonprofits identify their most promising prospects and retain existing donors. Bloomerang's tools include donor data management, social media monitoring, and straightforward reporting features, all aimed at enhancing donor engagement and retention. Unlike many competitors, Bloomerang emphasizes user-friendliness, requiring little training, making it ideal for organizations that experience high staff turnover. The company operates on a subscription model, generating revenue through software licenses, and its goal is to reduce donor attrition and increase revenue for its clients by implementing best practices in donor engagement.

Company Stage

Growth Equity (Venture Capital)

Employees

201-500

Industries

Enterprise Software, Social Impact

Total Funding

$904.6K

Headquarters

N/A

Founded

N/A


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Simplify's Take

What believers are saying

  • The recent strategic investment from Warburg Pincus and JMI Equity indicates strong financial backing and potential for accelerated growth.
  • The acquisition of Qgiv enhances Bloomerang's fundraising technology solutions, making it a more comprehensive platform for nonprofits.
  • Innovative features like AI Content Assistant and Tap to Pay solution demonstrate Bloomerang's commitment to leveraging technology to improve nonprofit operations and fundraising.

What critics are saying

  • The nonprofit CRM market is highly competitive, with established players like Blackbaud and Salesforce.org posing significant challenges.
  • Integrating Qgiv's technology and aligning it with Bloomerang's existing platform could present operational and technical hurdles.

What makes Bloomerang unique

  • Bloomerang's focus on small and medium-sized nonprofits allows it to cater specifically to the unique needs of this segment, unlike larger competitors who may not offer the same level of customization.
  • The integration of AI Content Assistant and advanced reporting capabilities sets Bloomerang apart by providing innovative tools that enhance nonprofit communications and volunteer impact analysis.
  • Strategic investments from Warburg Pincus and JMI Equity, along with the acquisition of Qgiv, position Bloomerang to offer a fully-integrated giving platform, a unique value proposition in the nonprofit sector.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

16%

2 year growth

51%

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