Bloomerang, an Indianapolis-based donor management software provider to thousands of nonprofits, received a growth investment from JMI Equity.
The amount of the deal was not disclosed. In conjunction with the funding, Larry Contrella, Principal at JMI Equity, David Greenberg, General Partner, and Vinny Prajka, Partner, will join Bloomerang founder Jay Love and current Bloomerang CEO Ross Hendrickson on the Board of Directors.
The funding will allow the company to further expand its business reach.
Led by Ross Hendrickson, CEO, Bloomerang provides a cloud-based donor management software tool designed to help nonprofits reach, engage and retain the advocates they depend on.