# MemberSuite

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/membersuite

- Industry: Software
- Headquarters: Nisswa, US
- Website: www.membersuite.com
- Total disclosed funding: $12M
- Latest round: Series B (Sep 9, 2016)
- Investors on record: 6

## About

MemberSuite, Inc. is a US-based provider of cloud-based association management solutions, designed to streamline processes, centralize data, and enhance member engagement for nonprofits and associations.Founded in 2008 in Nisswa, US, MemberSuite, Inc. specializes in association management software solutions. The company was recently acquired on September 21, 2023, by GrowthZone, expanding its offerings in association management. CEO Andrew Ryan leads the company, which has successfully completed 8 deals throughout its history. The latest funding round raised USD 5.50 mn from notable investors including Accomplice and Alerion Ventures, contributing to a total amount raised of USD 5.50 mn.MemberSuite offers a comprehensive suite of configurable association management solutions tailored for nonprofits and associations, focused on streamlining processes, centralizing data, and enhancing member engagement. Their core product is Association Management Software (AMS) designed to minimize costly customizations while allowing for future upgrades. The platform includes a bi-directional API for seamless integration with other systems, serving diverse clients like professional associations and nonprofits across the United States, Canada, and select international markets. Their services cater to critical needs such as membership management, event coordination, finance tracking, and reporting.MemberSuite primarily generates revenue through a subscription-based model, where clients pay recurring fees for access to their software tools and services. This pricing structure includes robust support and regular updates at no extra cost, enhancing client satisfaction and retention. Clients engage with different service tiers, which may include implementation support, data migration, and ongoing customer success management. By providing dedicated Customer Success Managers and a responsive support team, MemberSuite ensures clients maximize their platform investment.In September 2023, MemberSuite was acquired by GrowthZone, which aims to expand its association management software offerings. The acquisition is intended to enhance growth in the association management market. Future strategies may include the development of new products tailored to emerging client needs, although specific new product release dates have yet to be announced. Expansion into additional geographic markets will also be a focus, with details on targeted regions forthcoming as the company integrates with GrowthZone.

## Funding rounds

- Series B, Sep 9, 2016, $6.2M — Fidelis Capital, Revolution Ventures, Angel Investor Management Group, Accomplice, Alerion Ventures
- Series A, Oct 9, 2015, $1.5M — Fidelis Capital
- Series A, Mar 30, 2015, $0.9M — Fidelis Capital
- Series A, Aug 22, 2014, $3.5M — Bonaventure Capital, Fidelis Capital

## Investors

- Bonaventure Capital (https://capitalatlas.ai/funds/bonaventure-capital) — Series A
- Fidelis Capital (https://capitalatlas.ai/funds/fidelis-capital) — Series A, Series B
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Series B
- Angel Investor Management Group — Series B
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Series B
- Alerion Ventures (https://capitalatlas.ai/funds/alerion-ventures) — Series B