SignUpGenius, a Charlotte, NC-based online sign up site for event and volunteer management, received a strategic majority investment from Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, a global private equity firm with $50 billion in assets under management.
The terms of the transaction were not disclosed.
The company will use the funds to continue to expand operations.
Founded in October 2008 and led by Dan Rutledge, CEO, and Angel Rutledge, COO and CMO, SignUpGenius provides online sign ups for nonprofits, schools, sports, churches, families, colleges, businesses and organizations to simplify the process of coordinating events and people. The company now serves 8 million to 12 million monthly site users.