Insight Venture Partners has made an investment in EveryAction, a provider of software serving over 15,000 nonprofits and campaigns. No financial terms were disclosed. In addition to the funding, Deven Parekh, a managing director at Insight will chair the board while Anika Agarwal, a managing director at Insight, will also join the board.
WASHINGTON, Aug. 21, 2018 /PRNewswire/ — EveryAction, a leading provider of software serving over 15,000 nonprofits and campaigns, announced today a partnership with Insight Venture Partners to provide capital for the Company’s next phase of growth. Insight is a leading venture capital and private equity firm focused on high-growth technology and software companies.
EveryAction offers a suite of best-in-class Digital, Fundraising and Organizing SaaS products, all in one unified customer relationship management (CRM) platform that is able to effectively serve large and small nonprofits and campaigns. Through its innovative features, like one-click contributions from email, EveryAction allows clients to optimize their interactions with supporters and other constituents, leading to the best outcomes. The easy-to-use supporter experience maximizes conversion rates, while the intuitive interface drives efficiency.
The funding will accelerate EveryAction’s organic growth and acquisition strategy. In conjunction with the investment, Insight Managing Director Deven Parekh will chair the board and Insight Managing Director Anika Agarwal will also join the board.
“EveryAction’s impressive growth has been fueled by a unique suite of products that help clients increase fundraising and build advocacy,” said Deven Parekh, Managing Director, Insight Venture Partners. “As campaigns and nonprofits evolve, we believe that strong investment in next generation technology will extend EveryAction’s market leadership position. We’re excited to welcome them to our portfolio family.”
Parekh is on the Board of Trustees of the Tisch New York MS Research Center and is the Chairman Emeritus of the Board of Publicolor (which he chaired from 2007 – 2012), a New York City based nonprofit organization that focuses on inner city schools. He was also appointed by President Obama to the OPIC Board of Directors and the Ex-Im Bank Advisory Board.
Despite global challenges impacting organizations of all sizes, 2018 has been a landmark year for EveryAction and its campaign brand, NGP VAN, the dominant CRM provider to Democratic and progressive campaigns. EveryAction clients have raised as much in the first half of the year as was raised during all of 2017. Many major nonprofits, including Planned Parenthood, the National Audubon Society, and the United Nations Foundation, have switched to EveryAction.
“Having the opportunity to work with the investors and resources that Insight Venture Partners provides is a testament to the great product the team built, enabling us to use this investment to help our clients do more good,” said EveryAction CEO Stu Trevelyan. “Our product empowers our clients to run truly multi-channel, multi-objective programs, without painful data silos, and we’re excited to continue to innovate on behalf of our clients.”
EveryAction is a leading provider of Digital, Fundraising, and Organizing SaaS tools to nonprofits and progressive campaigns. EveryAction clients raise billions of dollars, send billions of emails, and recruit millions of supporters. Built and supported by nonprofit experts, EveryAction’s tools allow nonprofits of all sizes to optimize interactions with supporters and prospects, leading to the best outcomes. EveryAction is headquartered in Washington, D.C., with another major office in Boston. EveryAction is fueled by passionate people who truly care about doing more good, with a love of important causes and game-changing technology. For more information, visit www.everyaction.com or follow us on Twitter @everyactionhq.
About Insight Venture Partners
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $23 billion and invested in over 300 companies, as well as more than 200 M&A transactions for our portfolio companies. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. Across our people and our portfolio, we encourage a culture around a core belief: growth equals opportunity. For more information on Insight and all its investments, visit www.insightpartners.com or follow us on Twitter @insightpartners.