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About Bloomerang
Industries
Enterprise Software
Social Impact
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$904.6K
Headquarters
Indianapolis, Indiana
Founded
2012
Overview
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. 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 primary goal is to reduce donor attrition and boost revenue for its clients by implementing best practices in donor engagement.
Simplify's Take
What believers are saying
- Bloomerang clients raised a record $56M on GivingTuesday, showing platform effectiveness.
- Strategic investments from Warburg Pincus and JMI Equity support Bloomerang's growth.
- AI-driven donor engagement tools enhance personalized donor experiences, aligning with industry trends.
What critics are saying
- Increased competition from Blackbaud and Salesforce.org pressures Bloomerang to innovate.
- Qgiv acquisition may pose integration challenges, affecting service continuity.
- Dependence on strategic investments could pressure Bloomerang for short-term financial performance.
What makes Bloomerang unique
- Bloomerang offers a user-friendly platform requiring minimal training for nonprofits.
- The software integrates philanthropic screening data and social media for comprehensive donor insights.
- Bloomerang's intuitive reporting tools help nonprofits easily analyze donor engagement.
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Funding
Total Funding
$904.6k
Above
Industry Average
Funded Over
2 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 2%2 year growth
↑ 0%Money raised by Bloomerang clients grew 32% from 2023, double the industry average, reinforcing nonprofits using Bloomerang's Giving Platform are better equipped to raise more. INDIANAPOLIS, Dec. 5, 2024 /PRNewswire/ -- Bloomerang, the industry's leading donor, volunteer, and fundraising management platform, processed more than $56 million—a record-breaking amount—during GivingTuesday. Nonprofits using Bloomerang's Giving Platform saw increased giving momentum from 2023 with a 32% increase in overall dollars raised—double the overall nonprofit sector increase of 16%. Human services, animal welfare organizations, and educational institutions raised the largest sums. Bloomerang maintained 100% uptime during GivingTuesday, empowering nonprofit users to send 7.4 million emails to their supporters and pull over 750,000 reports on one of the busiest fundraising days of the year
To better understand this year's landscape, Bloomerang Inc partnered with Dynata to survey 1,000 U.S. adults (18+) in September 2024.
Bloomerang launches AI Content Assistant for nonprofit communications.
Market Leaders - Blackbaud, Bloomerang, Bonterra Development + Digital, DonorPerfect, Foundant Technologies, Neon One, and Salesforce.org were given the highest "Market Leader" award.
Bloomerang - a leading donor, volunteer, and fundraising management software platform for thousands of small and medium-sized nonprofits - announced that it received an investment from Warburg Pincus. And the funding – combined with JMI Equity's investment in 2020 and the company's recent acquisition of Qgiv – will drive ongoing growth and success to help Bloomerang deliver the sector's first fully-integrated giving platform.
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About Bloomerang
Industries
Enterprise Software
Social Impact
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$904.6K
Headquarters
Indianapolis, Indiana
Founded
2012
Bloomerang is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today