Tatango

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Tatango - overview

Location

Seattle, WA, US

Primary Industry

Internet

About

Tatango provides an SMS marketing platform tailored for nonprofit organizations, enabling effective donor engagement and fundraising through text messaging campaigns. Tatango is an SMS marketing platform focused on assisting nonprofit organizations in fundraising efforts. Founded in Seattle, US, the company was established to help charities and advocacy groups leverage text messaging to mobilize support. The company has undergone no known pivots in its business strategy and has not been reported as a subsidiary of another firm.


Tatango has attracted funding through its SEED round, raising USD 0. 14 mn in July 2012, which represented the total amount raised to date. The founder's detailed history is not publicly available. Tatango offers a comprehensive SMS marketing platform specifically designed to assist nonprofit organizations in their fundraising efforts.


Launched in 2007, the platform enables clients to effectively engage donors through text messaging, facilitating the mobilization of support for various fundraising campaigns. Tatango's core functionality centers around the ability to send mass text messages, manage donor lists, and integrate seamlessly with leading donation platforms to capture phone numbers and build donor lists quickly. The service boasts high open rates of around 99%, allowing nonprofits to communicate rapidly with their supporters, thus enhancing donation opportunities. Tatango serves a diverse client base, including charities, advocacy groups, and political organizations, primarily in the United States, although its services can be utilized in other international markets as well.


Tatango generates its revenue through a subscription-based model, where nonprofit clients pay for access to the SMS platform based on their messaging needs. The transactional structure typically involves clients purchasing monthly subscription plans that provide access to various tiers of messaging capabilities, enabling organizations to choose options that best fit their fundraising strategies. Clients can expect to generate substantial returns on their investment, with reported returns averaging 500% on SMS marketing campaigns. As a key player in the nonprofit technology space, Tatango's offerings include features that allow organizations to track fundraising performance and donor engagement metrics effectively.


Specific pricing for these subscription plans is tailored to the unique needs of each client, providing flexibility and scalability consistent with the varying sizes and demands of nonprofit organizations. In July 2012, Tatango raised USD 0. 14 million in a Seed round, which is intended to support the company's initiatives for future growth. This includes the development of new products geared towards enhancing donor engagement and expanding the platform's functionalities.


The company is also planning to target new geographic markets to broaden its reach, with specific plans under consideration but not yet publicly defined. The recent funding will aid in the execution of these strategies, enabling Tatango to better serve its clients and enhance its service offerings.


Current Investors

momoGood, Inc., Bellingham Angel Organization, Bellingham Angel Investors

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform

Website

www.tatango.com

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Tatango - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGivergy Ltd., Tatango-

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