Trail Software, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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 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-on, Trade SaleCompletedTrail Software, Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.