Convio, Inc.
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Convio, Inc. - overview
Established
1999
Location
Austin, TX, US
Primary Industry
Software
About
Convio, Inc. is a software company specializing in online fundraising, marketing, and engagement solutions tailored for nonprofit organizations. Its innovative tools help drive donor acquisition and enhance fundraising efforts for various nonprofits. Founded in 1999 and headquartered in Austin, US, Convio, Inc.
provides software solutions specifically designed for nonprofits. The company was acquired by Blackbaud, Inc. in May 2012 for USD 325 mn, following a successful Trade Sale. Throughout its history, Convio has completed 7 notable deals, with the most recent deal occurring on April 29, 2010.
The founder's background and previous ventures are not publicly detailed. Convio, now operating under Blackbaud, Inc. , offers a comprehensive suite of online fundraising, marketing, and constituent engagement software tailored specifically for nonprofit organizations. Their primary products include Luminate Online Marketing, which assists nonprofits in acquiring new donors and enhancing contributions from existing ones, and Luminate CRM, a customer relationship management solution built on the Salesforce platform, designed to engage supporters and optimize fundraising efforts.
Additional offerings such as Luminate Advocacy empower organizations to mobilize grassroots supporters, while TeamRaiser facilitates peer-to-peer and event fundraising by leveraging participant networks to maximize donations. The company serves over 5,000 nonprofits across various geographical markets, including North America, Europe, and Australia, addressing the unique needs of organizations ranging from large charities to local community groups. In 2011, Convio reported a revenue of USD 80. 35 mn and an EBITDA of USD 7.
26 mn. The company generates revenue through a subscription-based model for its suite of software solutions, enabling nonprofits to access essential tools for fundraising, marketing, and engagement. Clients typically enter into annual contracts that provide access to flagship products such as Luminate Online Marketing and Luminate CRM, with pricing structures determined by the scale and specific needs of the organization. The company fosters B2B relationships with nonprofit clients, which may involve tiered pricing based on the size of the nonprofit and the extent of services utilized.
By offering tailored solutions that enhance donor acquisition and retention, Convio supports its clients in driving their fundraising efforts while establishing a recurring revenue stream through continued software usage. Convio, Inc. plans to leverage the recent funding from its Trade Sale in April 2010 to further innovate its product offerings and expand its market reach. There are strategic initiatives aimed at launching new tools designed to enhance engagement and advocacy efforts for nonprofits.
The company also seeks to penetrate new geographic markets, targeting regions in Europe and Australia more aggressively. With the backing of Blackbaud, Inc. , Convio is positioned to enhance its growth strategies and expand its footprint within the nonprofit sector.
Current Investors
Austin Ventures, Silverton Partners, Granite Ventures
Primary Industry
Software
Sub Industries
Customer Relationship Management
Website
www.convio.com
Company Stage
Acquired
Total Amount Raised
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