About Virtuous
Virtuous is a company based in Phoenix (United States) founded in 2014.. Virtuous has raised $141.21 million across 8 funding rounds from investors including Susquehanna Growth Equity, Fulcrum Equity Partners and PHX Ventures. Virtuous has completed 3 acquisitions, including Momentum, RaiseDonors and VOMO. Virtuous offers products and services including Virtuous CRM+, Marketing and Email, Donor Signals, and Online Giving. Virtuous operates in a competitive market with competitors including i3 Verticals, Blackbaud, Daxko, Classy and EveryAction, among others.
- Headquarter Phoenix, United States
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Sectors
TechnologyGovernment & 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$141.21 M (USD)
in 8 rounds
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Latest Funding Round
$100 M (USD), Series C
Sep 19, 2024
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Investors
Susquehanna Growth Equity
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
Momentum
& 2 more
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Products & Services of Virtuous
Virtuous offers a comprehensive portfolio of products and services, including Virtuous CRM+, Marketing and Email, Donor Signals, and Online Giving. 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.
Platform for managing donor relationships and nonprofit operations.
Integrates email, SMS, and campaigns for seamless communication.
Provides insights into donor behavior and preferences.
Facilitates personalized giving experiences for donors.
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Funding Insights of Virtuous
Virtuous has successfully raised a total of $141.21M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in September 2024. 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 Funding
- Total Rounds 8
- Last Round Series C — $100.0M
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First Round
First Round
(16 Jun 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2024 | Amount | Series C - Virtuous | Valuation | Susquehanna Growth Equity |
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| Aug, 2024 | Amount | Series C - Virtuous | Valuation |
investors |
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| Mar, 2022 | Amount | Series B - Virtuous | Valuation |
investors |
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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 Virtuous
Virtuous has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Susquehanna Growth Equity, Fulcrum Equity Partners and PHX Ventures. 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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Private equity firm
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Founded Year | Domain | Location | |
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Private equity investments are managed across the United States.
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Founded Year | Domain | Location | |
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Venture capital investments are made in B2B software startups.
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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 Virtuous
Virtuous has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Momentum, RaiseDonors and VOMO. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based donor management tools are provided for engagement and analytics.
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2019 | ||||
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Volunteers are sourced via a cloud-based platform for nonprofits.
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2015 | ||||
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Software solutions for non-profit fundraising are provided by RaiseDonors.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Virtuous
| 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 |
Virtuous Comparisons
Competitors of Virtuous
Virtuous 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 i3 Verticals, Blackbaud, Daxko, Classy and EveryAction, 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 |
Payment processing solutions are provided for diverse business verticals.
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| domain | founded_year | HQ Location |
Cloud-based software solutions for nonprofit organizations are offered.
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| domain | founded_year | HQ Location |
Cloud-based solutions are delivered for nonprofit organizations' operations.
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| domain | founded_year | HQ Location |
Funds are raised for non-profits via online and mobile tools.
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| domain | founded_year | HQ Location |
Fundraising and donor management tools are provided for nonprofits.
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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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| domain | founded_year | HQ Location |
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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Latest news on Virtuous
Frequently Asked Questions about Virtuous
When was Virtuous founded?
Virtuous was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Virtuous located?
Virtuous is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Is Virtuous a funded company?
Virtuous is a funded company, having raised a total of $141.21M across 8 funding rounds to date. The company's 1st funding round was a Series B of $2.38M, raised on Jun 16, 2015.
What does Virtuous do?
Virtuous was founded in 2014 and is headquartered in Phoenix, United States. Cloud-based software is provided for fundraising and donor management in the nonprofit sector. Features include tracking of volunteer engagement and hours, management of grant applications and workflows, project and fund oversight, email marketing tools, and CRM functionality. Operations are conducted on a subscription-based pricing model.
Who are the top competitors of Virtuous?
Virtuous's top competitors include i3 Verticals, Daxko and Resilia.
What products or services does Virtuous offer?
Virtuous offers Virtuous CRM+, Marketing and Email, Donor Signals, and Online Giving.
How many acquisitions has Virtuous made?
Virtuous has made 3 acquisitions, including Momentum, RaiseDonors, and VOMO.
Who are Virtuous's investors?
Virtuous has 7 investors. Key investors include Susquehanna Growth Equity, Fulcrum Equity Partners, PHX Ventures, Seven Peaks Ventures, and MATH Venture Partners.
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