Canaccord Genuity acted as Financial Advisor to Bloomerang, an innovative donor management software provider, on a strategic growth investment from JMI Equity
On September 17, 2020, Bloomerang, the innovative donor management software provider to thousands of nonprofits, announced that it has received an investment from JMI Equity, a growth equity firm focused on investing in leading software companies. Canaccord Genuity acted as exclusive financial advisor to Bloomerang.
Indianapolis-based Bloomerang is a cloud-based donor management software tool designed to help nonprofits reach, engage and retain the advocates they depend on to achieve their vision for a better world. The funding will allow Bloomerang to further help its nonprofit clients deepen and advance the level of engagement with their donor relationships.
JMI Equity is a growth equity firm focused on investing in leading software companies. Founded in 1992, JMI has invested in over 150 businesses in its target markets, successfully completed over 100 exits, and raised more than $4 billion of committed capital. JMI partners with exceptional management teams to help build their companies into industry leaders.
This is the team’s 8th deal in the constituent management space. The Canaccord Genuity team consisted of Andrew Pojani, Geoff Rhizor, Wesley Rossiter, Damon Kim and Tom Kenyon.
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