Virtuous Software

SoftwareSeries CPhoenix, USvirtuoussoftware.com

Latest round

Series C

Last raised

Sep 2024

Total raised

$133M

Investors

12

About Virtuous Software

Virtuous Software, LLC, based in the US, provides a nonprofit Customer Relationship Management (CRM) platform focused on enhancing fundraising and donor engagement for nonprofit organizations. Founded in 2014 and headquartered in Phoenix, US, Virtuous Software specializes in CRM solutions tailored for the nonprofit sector. The company's founders include David Deux and Joel Peabody. The firm has completed 7 deals to date. Virtuous Software offers a comprehensive nonprofit Customer Relationship Management (CRM) platform designed specifically for fundraising and donor engagement. Its core products include a flexible CRM system that integrates communication channels like email, SMS, and direct mail, providing nonprofits with essential data insights into donor behaviors. The platform enhances donor relationships through personalized communication strategies and simplifies event registration, ticketing, and volunteer management. These services cater to nonprofits primarily in North America and Europe, with expanding reach in Asia and Australia. The revenue model for Virtuous Software is based on subscription payments for its CRM and related services. Clients include a range of nonprofit organizations that use the platform to streamline fundraising campaigns and enhance donor relationships. The subscription plans come in various tiers depending on the size and needs of the organizations, focusing on comprehensive fundraising automation, data intelligence, and online giving solutions. This model drives the company's revenue by improving client operational efficiencies and fundraising outcomes. The company is expected to launch new products designed to further improve donor engagement and streamline fundraising processes, although no specific release dates have been provided. Additionally, Virtuous Software aims to expand its market presence in Asia and Australia by the end of 2025, enhancing its offerings to meet the unique needs of nonprofits in these regions.

Who invested in Virtuous Software

12 investors across 5 rounds

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Funding rounds

  1. Series C

    Sep 19, 2024

    Amount

    $110M

    Investors

    Locked

  2. Series B

    Jul 14, 2021

    Amount

    $18M

    Investors

    Locked

  3. Series A

    May 26, 2019

    Amount

    $3M

    Investors

    Locked

  4. Seed

    Aug 17, 2016

    Amount

    $1.5M

    Investors

    Locked

  5. Seed

    Jun 10, 2015

    Amount

    $0.7M

    Investors

    Locked

Questions about Virtuous Software

Who invested in Virtuous Software?

Virtuous Software has 12 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Virtuous Software raised?

Virtuous Software has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Virtuous Software last raise money?

Virtuous Software's most recent round on record is a Series C, in Sep 2024.

What does Virtuous Software do?

Virtuous Software, LLC, based in the US, provides a nonprofit Customer Relationship Management (CRM) platform focused on enhancing fundraising and donor engagement for nonprofit organizations.

Where is Virtuous Software headquartered?

Virtuous Software is headquartered in Phoenix, US.

Which VCs invest in companies like Virtuous Software?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Virtuous Software's stage. Their profiles are linked below.

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