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 relationshi
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JMI Equity (“JMI”), a growth equity firm focused on investing in leading software companies, today announced the promotions of Larry Contrella to General Partner and Maggie Schmitt to Chief Financial Officer. Contrella will continue to source promising investment opportunities and provide strategic support to JMI’s portfolio companies, while Schmitt will expand her leadership of JMI’s finance and accounting functions. Concurrent with Schmitt’s promotion, Randy Guttman has become General Partner, Head of Operations, from his most recent title of General Partner & CFO. Contrella, Schmitt and Guttman are all based in Baltimore.
“With over a decade of investing experience at JMI, Larry has proven that he is a strong investor and an effective partner to founder-owners, CEOs and portfolio company management teams,” said Harry Gruner, Founder and Co-Managing General Partner of JMI. “We are proud o
JMI Equity Promotes Larry Contrella to General Partner and Maggie Schmitt to Chief Financial Officer – IT Business Net itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.