Trail Software, Inc.
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Trail Software, Inc. - overview
Established
2011
Location
Brentwood, TN, US
Primary Industry
Software
About
Trail Software, Inc. develops Kindful, a specialized fundraising platform for nonprofit organizations, enhancing their donor management and fundraising capabilities through integrated tools and technology. Founded in 2011 in Brentwood, US, Trail Software, Inc. offers a comprehensive fundraising platform tailored for nonprofits.
The company was recently acquired by Bloomerang, LLC in January 2021. Its founder's previous ventures are not disclosed. The company has received a total of USD 3. 50 mn, with its latest funding round being Series A led by Cultivation Capital.
The firm has completed a total of 3 deals, the most recent on January 7, 2021. Kindful, a product of Bloomerang, provides a complete fundraising platform designed for nonprofit organizations. It includes donor management systems, fundraising software, and integrated email marketing tools aimed at improving fundraising efforts and donor engagement. Kindful caters to charities, foundations, and community organizations across North America, offering features such as mobile app accessibility and AI enhancements to adapt to the changing needs of nonprofit fundraising.
Kindful generates revenue primarily through subscription-based models, allowing nonprofit clients to pay for access to its services. These tiered pricing plans cater to different organizational needs, enabling clients to choose packages that align with their fundraising goals. Revenue is driven by ongoing subscriptions, establishing long-term client relationships in the nonprofit sector. Trail Software, Inc.
aims to leverage its recent acquisition by Bloomerang, LLC to enhance its platform and expand its market presence. The company is focused on developing new product features and optimizing existing ones, although specific launch dates have not been disclosed. With the recent funding of USD 3. 50 mn from the Series A round, the company is positioned to explore new geographic markets and strengthen its service offerings to nonprofits.
Current Investors
JMI Equity, Bloomerang
Primary Industry
Software
Sub Industries
Storage, Accounting/Finance Software, Analytics & Performance Software, Application Integration Software, Customer Relationship Management
Website
www.kindful.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Trail Software, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Trail Software, Inc. | - |
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