Phoenix-based nonprofit software provider Virtuous receives $100M minority investment from Susquehanna Growth Equity for product innovation, AI features, and expansion.

Virtuous, a Phoenix-based nonprofit fundraising software provider, has received a $100 million minority investment from Susquehanna Growth Equity. This funding will enhance product innovation and customer services, allowing Virtuous to develop AI features and expand its tools for over 10,000 nonprofit clients, including Ronald McDonald House. The company aims to empower nonprofits with data-driven insights and personalized outreach strategies to boost donations.

September 19, 2024
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