Virtuous Secures $100M Investment Spherical Led by way of Susquehanna Expansion Fairness (SGE)

PHOENIX, Sept. 19, 2024 /PRNewswire/ — Virtuous, the main Responsive Fundraising Device serving to nonprofits develop giving, lately introduced a minority progress funding via a investment spherical led by way of Susquehanna Expansion Fairness (SGE), an entrepreneur-centric progress fairness company. This crucial funding will gas Virtuous’ challenge to boost up product innovation and support products and services for its nonprofit consumers.

Accelerating International Generosity

Virtuous is at the leading edge of remodeling how nonprofits interact with their donors and volunteers to pressure significant exchange. With this untouched capital, Virtuous plans to increase its suite of leading edge gear designed to empower nonprofits with data-driven insights, seamless integrations, and a extra personalised option to fundraising.

“We are incredibly excited to partner with SGE for this critical phase of our growth,” stated Gabe Cooper, CEO of Virtuous. “Their investment not only provides us with the resources to continue advancing our technology but also reinforces their belief in our vision to help nonprofits succeed. SGE’s team has a long-term mindset that will allow Virtuous to continue building an enduring business and putting our customers first.”

Accelerating Innovation and Provider

The investment will allow Virtuous to boost up the improvement of untouched options together with AI tooling, expanded integrations, third-party information insights, and platform upgrades in keeping with the wishes of its customers. The untouched partnership will assure that Virtuous continues to bring modern answers that meet the evolving wishes of nonprofits.

Along with product construction, Virtuous will put money into increasing its buyer good fortune and products and services groups to handover extraordinary aid and playbooks to its rising bottom of nonprofit customers. This constancy will aid nonprofits leverage the overall doable of the Virtuous platform and travel its latter challenge of serving to nonprofits build $10 billion of web untouched generosity globally.

Constancy to Nonprofits

“We are proud to partner with Virtuous in its mission to revolutionize nonprofit fundraising through its innovative and proven approach to CRM,” stated Ben Weinberg, Managing Director at SGE. “Virtuous enables nonprofits to better identify potential fundraising opportunities through their seamless software with actionable reporting capabilities, integrated marketing tool, and online giving platform. Gabe and his talented team have built market-defining software that is helping drive growth across an array of impactful initiatives and we look forward to helping support their growth.” Together with the transaction, SGE group participants Ben Weinberg and Aneesha Raghunathan will tie Virtuous’ Board of Administrators.

About Virtuous

Virtuous is the main supplier of Responsive Fundraising tool devoted to empowering nonprofits with trendy and leading edge gear particularly designed to extend generosity by way of construction extra private relationships with donors. Tens of hundreds of nonprofit execs significance Virtuous CRM, advertising and marketing gear, and analytics answers. Nonprofits the usage of Virtuous tool have obvious vital will increase in donor retention and reasonable present measurement hour lowering administrative bills. Virtuous has made the Inc. 5000 checklist for 3 years in a row, has been identified as a Chief within the G2 Nonprofit CRM grid, and has been named considered one of Inc. Brochure’s 2023 Very best Parks to Paintings. For more info, talk over with virtuous.org.

About Susquehanna Expansion Fairness

Susquehanna Expansion Fairness (“SGE”) is an entrepreneur-centric progress fairness charity with versatile capital and year horizons. SGE is solely concerned with growth-stage tool, products and services, web, and data products and services firms. The company has invested over $4 billion in 100+ market-leading generation and products and services firms over the extreme 18 years and has portfolio firms throughout the USA, Canada, Europe, and Israel. SGE is sponsored by way of a singular and affected person supply of capital, enabling the company to offer marketers and control groups autonomy and versatility to maximise progress. To be told extra, please talk over with www.sgep.com .

Media Touch:
Virtuous Media Family members
[email protected]
602-609-2006

For Susquehanna Expansion Fairness:

Gasthalter & Co.
[email protected]
(212) 257-4170

SOURCE Virtuous

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