RUMOR: “Nonprofit and Government Software” company on the market

We’re hearing from a market research firm that a “Nonprofit and Government Software” company is being shopped around for an investment, merger, or acquisition. Some companies in the nonprofit political advocacy space may include BlackbaudCQ Roll Call, SoftEdge and VoterVoice.

The Crunchbase description for AMS vendor Abila reads: “Abila develops software solutions for nonprofit and governmental organizations throughout North America.” (emphasis mine)

Abila last received a round of private equity funding in early 2013. For much of the past year, Abila has been rumored, off and on, to be on the market for an investment.

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Higher Logic Accepts $55M

In September 2016, online community platform developer Higher Logic accepted $55M from JMI Equity. Read the press release. Read about Higher Logic on Crunchbase.

In August 2016, we reported a rumor that an Association Engagement Platform was being shopped around for an investor.

Membersuite Accepts $11M

In September 2016, AMS Vendor Membersuite accepted an $11M investment from Revolution Ventures. Read the press release. Read about Membersuite on Crunchbase.

RUMOR: Association Engagement Platform company on the market

We’re hearing that an Association Engagement Platform company is being shopped around for an investment. Leading companies in this vertical are Higher Logic and Socious. If you have anything to add to this rumor, please send us a tip.

Advanced Solutions International accepts $26M

In July 2016, Advanced Solutions International, developers of the iMIS association management system, announced it accepted an $26M investment from equity firm Bregal Sagemount. Read about the announcement here. Read more about Advanced Solutions International on Crunchbase.

Fonteva raises $2M in crowdsourced venture capital

In April 2016, Salesforce-powered AMS platform Fonteva raised $1.98M in a round of crowdsourced venture capital. Read more about Fonteva on Crunchbase.