Startups in the January
2025 Cohort of the Blackbaud Social Good Startup Program are
Bringing Cutting Edge Technology to the Social Impact
Sector
CHARLESTON, S.C., Jan. 14,
2025 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB),
the leading provider of software for powering social impact, today
announced the newest cohort of participants in its Social Good
Startup Program. The program is a tech accelerator designed to
support early-stage software companies focused on solving problems
that matter to the social impact community.
With nine new participants, the program continues to support
startups focused on developing solutions to maximize impact for
nonprofits and companies focused on social responsibility, and
supports founders from backgrounds typically underrepresented in
the technology industry.
"Blackbaud's Social Good Startup Program is a unique initiative
that allows startups to showcase their innovative solutions while
integrating with Blackbaud products, enhancing value for our
customers," said Jerry Needel, Chief
of Product Innovation, Blackbaud. "Through this program, we've
successfully launched several leading solutions and we're excited
to continue fueling social impact with these nine new
participants."
The startups in the January 2025
cohort include:
- Altruify, a comprehensive philanthropy management digital
marketplace, where all types of philanthropic participants
including charitable donors, volunteers, corporations, foundations,
DAFs and nonprofits can come together to collaborate and conduct
their altruistic activities. Altruify's patented
"Donate-Through-Data" technology allows charitable donors to
monetize their interactions with potentially any digital device or
app to make charitable donations and gain incentives such as
donation matches and other rewards for their digital
activities.
- Boost My School, a fundraising
platform built specifically for K-12 schools. Founded in 2019,
Boost My School now serves the unique needs of more than 150
advancement teams across the United
States, helping schools transform their donor experience
with engaging fundraising pages and modern payment options for
giving, events, auctions and more.
- Collective, a mobile platform bridging the gap between
mission-driven organizations and their neighbors. The platform
helps people discover and connect with local causes making an
impact in their community. Organizations share their stories, build
lasting relationships, and grow through membership programs that
turn supporters into sustained partners.
- Connect To Give's comprehensive suite of solutions is designed
to secure transformational multi-year contributions from high-yield
giving circles to sustain educational institutions. With an
unparalleled integration of data-driven intelligence and community
creation, Connect to Give precisely identifies qualified leads,
uncovers relational affinity, and accelerates trusted peer-to-peer
solicitations while helping institutional advancement professionals
reduce tasks and save money.
- Daffodil, whose network unlocks donor-advised funds by
matchmaking donors with great nonprofits. Daffodil aims to
transform charitable giving by making it more accountable and
rewarding. By combining technology and philanthropic expertise,
they create incentives that recognize and amplify meaningful
change.
- KarmaSuite, which helps nonprofit finance teams manage
complexity that comes with restricted grants. Esoteric grant
agreements, complex restrictions, manual allocations, and custom
reporting requirements among others result in endless spreadsheets
and manual work. With KarmaSuite, nonprofits can confidently shift
their attention to their core mission, assured that their financial
foundation is robust and perfectly aligned for their impact
journey.
- Mentor Spaces, a software platform that helps corporate,
university and nonprofit impact leaders launch or scale career
mentorship programs that help underserved learners discover
in-demand career pathways. By integrating with corporate volunteer
programs, employees develop as leaders while supporting emerging
professionals. Nonprofits and universities have the opportunity to
unlock more than $1B in corporate
volunteer grants to ensure programmatic sustainability.
- Pledge democratizes charitable giving through AI-powered
products, free fundraising pages, and features like text-to-donate
and cryptocurrency support. Named one of Fast
Company's Most Innovative Companies, Pledge has facilitated over
$150,000,000 in donations for more
than 50,000 charities in 100+ countries and empowers nonprofits,
businesses and individuals to amplify social impact and drive
meaningful change globally.
- Revere Software, which is a leading Software as a Service
(SaaS) platform for private-labeled corporate employee skills-based
volunteering programs. It empowers nonprofit organizations,
university students, and purpose-driven startups worldwide to
engage with employee subject-matter experts for impactful pro bono
mentoring and collaborative team projects.
"Through Blackbaud's Social Good Startup Program, we're able to
offer our customers an opportunity to experiment with the newest
products and solutions available, giving them even more ways to
fuel their impact and achieve their goals," said Lizzie Schaffer, general manager, Social Good
Startup Program, Blackbaud. "We are so excited to welcome these
nine innovative startups in the social impact technology into the
January 2025 cohort."
About the Blackbaud Social Good Startup
Program
Blackbaud recently celebrated five years of the Social Good Startup
Program. Since the launch of the first cohort in January 2020, Blackbaud has supported a total of
77 startups through nine prior cohorts, with these organizations
collectively raising upwards of $220
million in funding and contributing 30+ new solutions to the
Blackbaud Marketplace. While the average success rate for tech
startups is less than 50%, and most startups face a 65% failure
rate within 10 years, the Blackbaud Social Good Startup program has
seen an impressive 92% success rate, with 71 of the 77 startups
still operating today.
Program participants receive curated access to Blackbaud
resources, marketing opportunities and nondilutive grant funding,
and Blackbaud works with startup founders to design a unique plan
for each company that addresses their goals for growth.
Participants have published multiple Blackbaud product
integrations, collaborated with other Blackbaud ISV partners,
participated in Blackbaud events and engaged in targeted discovery
with Blackbaud customers to get product feedback and implement
changes to best suit customer needs.
Founders will be invited to participate in the annual Blackbaud
Social Good Startup Showcase later this year, where they can pitch
their ideas to Blackbaud leaders for a chance to create networking
opportunities and win prizes. Startups in this year's cohorts will
also be invited to Blackbaud's annual tech conference happening in
Philadelphia, October 6-8, and the winners of the 2025 showcase
will be in attendance as well.
Blackbaud accepts applications for the Social
Good Startup Program on a rolling basis. For consideration in
the July 2025 or other future
cohorts, learn more and apply here.
About Blackbaud
Blackbaud (NASDAQ:
BLKB) is the leading software provider exclusively dedicated to
powering social impact. Serving the nonprofit and education
sectors, companies committed to social responsibility and
individual change makers, Blackbaud's essential software is built
to accelerate impact in fundraising, nonprofit financial
management, digital giving, grantmaking, corporate social
responsibility and education management. With millions of users and
over $100 billion raised, granted or
managed through Blackbaud platforms every year, Blackbaud's
solutions are unleashing the potential of the people and
organizations who change the world. Blackbaud has been named to
Newsweek's list of America's Most Responsible Companies, Quartz's
list of Best Companies for Remote Workers, and Forbes' list of
America's Best Employers. A remote-first company, Blackbaud has
operations in the United States,
Australia, Canada, Costa
Rica, India and the
United Kingdom, supporting users
in 100+ countries. Learn more at www.blackbaud.com or follow
us on X/Twitter, LinkedIn, Instagram and Facebook.
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Inquiries
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Forward-looking Statements
Except for
historical information, all of the statements, expectations, and
assumptions contained in this news release are forward-looking
statements that involve a number of risks and uncertainties,
including statements regarding expected benefits of products and
product features. Although Blackbaud attempts to be accurate in
making these forward-looking statements, it is possible that future
circumstances might differ from the assumptions on which such
statements are based. In addition, other important factors that
could cause results to differ materially include the following:
general economic risks; uncertainty regarding increased business
and renewals from existing customers; continued success in sales
growth; management of integration of acquired companies and other
risks associated with acquisitions; risks associated with
successful implementation of multiple integrated software products;
the ability to attract and retain key personnel; risks associated
with management of growth; lengthy sales and implementation cycles,
particularly in larger organization; technological changes that
make our products and services less competitive; and the other risk
factors set forth from time to time in the SEC filings for
Blackbaud, copies of which are available free of charge at the
SEC's website at www.sec.gov or upon request from Blackbaud's
investor relations department. All Blackbaud product names
appearing herein are trademarks or registered trademarks of
Blackbaud, Inc.
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SOURCE Blackbaud
