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Virtuous, a leading provider of Responsive Fundraising Software, has announced a $100 million funding round led by Susquehanna Growth Equity (SGE).
This minority growth investment will empower Virtuous to accelerate product innovation and enhance services tailored for nonprofit organizations.
Virtuous empowers nonprofits with modern, innovative tools designed to enhance generosity by fostering personal relationships with donors.
Tens of thousands of nonprofit professionals utilize Virtuous CRM, marketing tools, and analytics solutions.
Nonprofits using Virtuous software have reported significant increases in donor retention and average gift size while reducing administrative costs.
With this new capital, the company plans to expand its suite of innovative tools, equipping nonprofits with data-driven insights, seamless integrations, and a more personalized fundraising approach.
"Their investment not only provides us with the resources to advance our technology but also reinforces their belief in our vision to help nonprofits succeed.
SGE's long-term mindset aligns perfectly with our mission to build an enduring business focused on customer success." - Gabe Cooper, CEO of Virtuous
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