Salsa Labs, Inc.
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Salsa Labs, Inc. - overview
Established
2003
Location
-, MD, US
Primary Industry
Software
About
Salsa Labs, Inc. provides comprehensive software solutions designed for nonprofit organizations, focusing on engagement, fundraising, and advocacy to drive impactful social change. Founded in 2003 and headquartered in the United States, Salsa Labs, Inc. specializes in software tailored for nonprofits and corporate social responsibility initiatives.
The company was acquired by EveryAction in June 2021, enhancing its offerings with additional tools. Prior to this, Salsa Labs operated independently, primarily focusing on developing solutions that support social impact efforts. The CEO of Salsa Labs is Donna Myers, who has a rich history in leading organizations within the nonprofit sector. Salsa Labs’ core offerings include tools for fundraising, engagement, case management, and grant management systems, all aimed at increasing the operational efficiency of nonprofit organizations.
Their software solutions enable over 170,000 nonprofits, foundations, and corporations to manage donations, track employee engagement, and automate grant approvals, positively impacting over 40 million lives. Their products are utilized in various sectors, including health and human services, education, and the arts, across North America, Europe, and Australia. Salsa Labs generates revenue primarily through subscription services that grant clients access to its comprehensive suite of nonprofit software solutions. Clients can engage through annual or monthly subscription plans, ensuring continuous access to updates and support.
The pricing structures are customized to meet the specific needs of various nonprofit organizations and foundations, although exact pricing details are not publicly disclosed. Following the acquisition by EveryAction, Salsa Labs plans to integrate its products with EveryAction’s offerings, such as DonorTrends and Organizing tools, which are expected to enhance the capabilities available to nonprofit customers. The recent investment of USD 5. 00 mn, led by Edison Partners, will support these integration efforts and the development of new products aimed at expanding their service offerings.
There are also plans to explore new market expansions, specifically targeting increased engagement in the European and Australian markets by 2023.
Current Investors
EveryAction, Inc., Wellington Financial, Edison Partners
Primary Industry
Software
Sub Industries
Social Networking & Communication Platform, Connectivity Software, Content Management Software
Website
www.salsalabs.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Salsa Labs, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Salsa Labs, Inc. | - | ||||||||
| Secondary Buyout | Completed | Salsa Labs, Inc. | - |
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