AccountsIQ Raises €5.8M in Funding
– AccountsIQ, a London, UK- and Dublin, Ireland based provider of a Financial Management Software (FMS) platform for mid-market SMEs with multiple subsidiaries, branches and locations, secured €5.8M in funding.
– The company will use the funds to continue to expand operations and its business reach.
CIBC Innovation Banking Announces $33 Million Comprehensive Financing Solution for Bloomerang, Inc.
– CIBC Innovation Banking is pleased to announce a growth capital facility for Indianapolis-based Bloomerang, Inc. (“Bloomerang”). Bloomerang plans to use the capital for its recent acquisition of Nashville, TN-based Kindful, Inc. (“Kindful”), and to continue its growth momentum.
– Bloomerang, a leading provider of cloud-based donor management and fundraising software for small and mid-size nonprofits, delivers easy-to-use tools that help clients improve donor retention and increase donor engagement. Its recent acquisition of Kindful, a nonprofit software platform known for its third party application integrations and online fundraising tools, enables Bloomerang to deliver and scale a dynamic donor management and fundraising platform that will help nonprofits acquire new donors, increase donor loyalty, improve donor communication and provide comprehensive reporting.