About Momentum
Momentum is a company based in Oakland (United States) founded in 2019 by Nick Fitz and Ari Kagan was acquired by Virtuous in August 2025. It operates as a SaaS (Software-as-a-Service), and Professional Services. Momentum offers products and services including Momentum AI Donor Engagement Platform, Custom Donor Plans, and AI Fundraising Assistant. Momentum operates in a competitive market with competitors including GoFundMe, Impact Guru, Bloomerang, Givebutter and Leetchi, among others.
- Headquarter Oakland, United States
- Founders Nick Fitz, Ari Kagan
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Sectors
Financial ServicesGovernment & Social Sector
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Email
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Phone
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Website
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Social
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- Legal Name Virtuous Software
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Products & Services of Momentum
Momentum offers a comprehensive portfolio of products and services, including Momentum AI Donor Engagement Platform, Custom Donor Plans, and AI Fundraising Assistant. 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.
AI platform for enhancing donor engagement strategies.
Tailored plans are created for individual donors.
AI assistance is provided for fundraising activities.
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Funding Insights of Momentum
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2023 | Amount | Seed - Momentum | Valuation | Blackbaud |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Momentum
Momentum has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Virtuous and Blackbaud. 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.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based software solutions for nonprofit organizations are offered.
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Founded Year | Domain | Location | |
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Cloud-based software for nonprofit fundraising and donor management is offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Momentum
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Momentum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Momentum Comparisons
Competitors of Momentum
Momentum 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 GoFundMe, Impact Guru, Bloomerang, Givebutter and Leetchi, 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 |
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| domain | founded_year | HQ Location |
Funds are raised online for social causes via crowdfunding platform.
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| domain | founded_year | HQ Location |
Donation-based crowdfunding platform is provided online for various causes.
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| domain | founded_year | HQ Location |
Cloud-based donor management tools are offered for nonprofits.
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| domain | founded_year | HQ Location |
Cloud-based fundraising platform is offered for nonprofit organizations.
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| domain | founded_year | HQ Location |
Online crowdfunding for social causes and group gifting is facilitated.
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| domain | founded_year | HQ Location |
Group-funding platform for campaigns and white-label solutions is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Momentum
When was Momentum founded?
Momentum was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Momentum located?
Momentum is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Who is the current CEO of Momentum?
Nick Fitz is the current CEO of Momentum. They have also founded this company.
What does Momentum do?
Momentum, under Virtuous Software, is dedicated to providing AI-driven fundraising solutions for mid- and major gift officers in the nonprofit sector. The platform integrates with CRMs like Virtuous, Blackbaud, and Salesforce to personalize donor outreach, automate CRM logging, and deliver smart recommendations. Services include custom donor plans, AI fundraising assistance, and campaign cadences, aimed at enhancing donor relationships and increasing fundraising efficiency across various nonprofit causes such as human services, healthcare, and education.
Who are the top competitors of Momentum?
Momentum's top competitors include GoFundMe, Impact Guru and Leetchi.
What products or services does Momentum offer?
Momentum offers Momentum AI Donor Engagement Platform, Custom Donor Plans, and AI Fundraising Assistant.
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