Foundant Technologies

Bozeman, United States Founded: 2006 • Age: 20 yrs
Grant management software is provided for grantmakers and grantseekers.
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About Foundant Technologies

Foundant Technologies is a company based in Bozeman (United States) founded in 2006 by Mark Larimer, Chris Dahl, and Daren Nordhagen.. Foundant Technologies has raised $20.76 million across 3 funding rounds from investors including L Squared Capital Partners. The company has 139 employees as of December 31, 2020. Foundant Technologies offers products and services including CommunitySuite, Grant Lifecycle Manager, Scholarship Lifecycle Manager, and SmartSimple Cloud. Foundant Technologies operates in a competitive market with competitors including Blackbaud, Daxko, Ministry Brands, AmpliFund and Cayuse, among others.

  • Headquarter Bozeman, United States
  • Employees 139 as on 31 Dec, 2020
  • Founders Mark Larimer, Chris Dahl, Daren Nordhagen
  • Sectors
    Technology
    Government & Social Sector
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Foundant Technologies, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Government & Social Sector → Government Technology & Digital Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20.76 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    139

    as on Dec 31, 2020

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Products & Services of Foundant Technologies

Foundant Technologies offers a comprehensive portfolio of products and services, including CommunitySuite, Grant Lifecycle Manager, Scholarship Lifecycle Manager, and SmartSimple Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages financials, CRM, and events for foundations.

Secures and streamlines full-cycle grantmaking processes.

Organizes and automates scholarship workflows for providers.

Configures solutions for complex grantmaking needs.

People of Foundant Technologies
Headcount 200-500
Employee Profiles 111
Board Members and Advisors 2
Employee Profiles
People
Zachary Smith
Technical Support Engineer
People
Lynsie Stephens
Sales Executive
People
Sydney Murrell
Client Success Consultant
People
Bryan Geary
Solutions Engineer

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Board Members and Advisors
people
Mark Larimer
Board Member & Co-Founder
people
Daren Nordhagen
Board Member & Co-Founder

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Funding Insights of Foundant Technologies

Foundant Technologies has successfully raised a total of $20.76M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round

    (16 Aug 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2023 Amount Series C - Foundant Technologies Valuation L Squared Capital Partners
Nov, 2020 Amount Series B - Foundant Technologies Valuation

investors

Aug, 2019 Amount Series B - Foundant Technologies Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Foundant Technologies

Foundant Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include L Squared Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Long-term investments are made in leading growth companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Foundant Technologies

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Foundant Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Foundant Technologies Comparisons

Employees
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Competitors of Foundant Technologies

Foundant Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blackbaud, Daxko, Ministry Brands, AmpliFund and Cayuse, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based software solutions for nonprofit organizations are offered.
domain founded_year HQ Location
Cloud-based solutions are delivered for nonprofit organizations' operations.
domain founded_year HQ Location
Comprehensive church management solutions are enabled by SaaS.
domain founded_year HQ Location
Cloud-based grant management software is offered for governments.
domain founded_year HQ Location
A cloud-based platform is utilized for grant management and compliance.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Foundant Technologies

When was Foundant Technologies founded?

Foundant Technologies was founded in 2006 and raised its 1st funding round 13 years after it was founded.

Where is Foundant Technologies located?

Foundant Technologies is headquartered in Bozeman, United States. It is registered at Bozeman, Montana, United States.

Who is the current CEO of Foundant Technologies?

Josh Mallamud is the current CEO of Foundant Technologies.

Is Foundant Technologies a funded company?

Foundant Technologies is a funded company, having raised a total of $20.76M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10.36M, raised on Aug 16, 2019.

How many employees does Foundant Technologies have?

As of Dec 31, 2020, the latest employee count at Foundant Technologies is 139.

What does Foundant Technologies do?

Foundant Technologies was founded in 2006 and is headquartered in Bozeman, United States. Software platforms for grant management are offered in the philanthropy sector, including FoundantGLM for online grants and scholarships administration by grantmakers, CommunitySuite for integrated operations at community foundations, and GrantHub for grantseekers. Over 1,100 grantmakers, 130 community foundations, and 250 grantseekers are served through these tools.

Who are the top competitors of Foundant Technologies?

Foundant Technologies's top competitors include Daxko, AmpliFund and Blackbaud.

What products or services does Foundant Technologies offer?

Foundant Technologies offers CommunitySuite, Grant Lifecycle Manager, Scholarship Lifecycle Manager, and SmartSimple Cloud.

Who are Foundant Technologies's investors?

Foundant Technologies has 1 investor. Key investors include L Squared Capital Partners.

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