FINTOP Capital Announces Exit of Portfolio Company Kindful

FINTOP Capital Announces Exit of Portfolio Company Kindful
Bloomerang's Acquisition Marks Successful Partnership Between FINTOP Capital and Kindful of Nearly Five Years
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NASHVILLE, Tenn., Jan. 8, 2021 /PRNewswire/ -- FINTOP Capital, a venture capital firm focused on B2B SaaS (software as a service) companies in the Financial Technology (FinTech) space, announced today that it has exited its investment in Kindful, a nonprofit software platform known for its best-in-class third party application integrations and online fundraising tools. Financial terms of the transaction were not disclosed.
Bloomerang, a leader in cloud-based donor management and fundraising software for small and mid-size nonprofits, acquired Kindful to accelerate their vision of helping nonprofits fund their missions. The new combined company will offer an expanded set of capabilities to help nonprofits attract more donors, deepen existing donor relationships and improve fundraising effectiveness. The acquisition builds on a strong year for Bloomerang which recently received a strategic growth investment from JMI Equity, a growth equity firm focused on investing in leading software companies.

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