Salsa Labs
| Formation | 2003 |
|---|---|
| Type | Private |
| Headquarters | Bethesda, Maryland |
| Location |
|
| Website | www |
Salsa Labs, Inc. is a Bethesda, Maryland–based software as a service (SaaS) company that provides donor management, digital marketing, online fundraising, online advocacy, and peer-to-peer fundraising tools to more than 3,000 nonprofit organizations in North America and around the world.
It was founded as a nonprofit, DemocracyInAction.org (DIA), in 2003. WiredForChange.com (founded in 2005), a sister company, catered to political and 501(c)6 organizations until WiredForChange.com and DemocracyInAction.org united efforts and intentions by establishing Salsa Labs in 2007.
On August 1, 2011, Salsa Labs received a $5 million Series A investment from the New Jersey–based investment firm, Edison Ventures.[1]
In 2013, Salsa Labs partnered with Lobbyit, a bipartisan lobbying firm, to roll out its new Tier 4 service, which combined Lobbyit's lobbying services with Salsa Labs’ advocacy platform.[2]
In May 2014, Salsa Labs received another $5 million from Edison and Maryland Venture Partners.[3] Later that year, in October 2014, Salsa Labs acquired social fundraising and events platform, Givezooks![4] In November 2015, Salsa Labs merged with leading donor management platform, DonorPro.[5]
In April 2018, Salsa Labs was acquired by private equity firm Accel-KKR.[6]
In June 2021, Salsa Labs was acquired by EveryAction.[7] Three months later, Apax Partners acquired EveryAction from Insight Partners and Social Solutions from Vista Equity Partners, combining them with CyberGrants, a company it agreed to acquire in June from Waud Capital Partners.[8]
Salsa Labs is now Bonterra. EveryAction™ along with CyberGrants®, GiveGab®, Network for Good®, Salsa Labs®, and Social Solutions®—to fall under the Bonterra name.
References
[edit]- ^ Overly, Steven (August 1, 2011). "The Download: Investment deals could rank with those of tech peak". The Washington Post. Retrieved August 1, 2011.
- ^ Byron Tau and Anna Palmer (May 15, 2013). "Alston & Bird inks four - Lobbyit.com partners with Salsa Labs - IATA hires McBee strategic - Sweetest fly-in ever?". Politico. Retrieved December 3, 2014.
- ^ Flook, Bill (May 29, 2014). "Salsa Labs raises $5M from Edison Ventures, Maryland Venture Fund". Washington Business Journal. Retrieved June 20, 2017.
- ^ Plaia III, Paul (October 8, 2014). "SilverCloud Partners Advises Givezooks! Inc. with its Sale to Salsa Labs" (PDF). Press Release. SilverCloud Partners. Retrieved June 20, 2017.
- ^ Hrywna, Mark (November 5, 2015). "Salsa, DonorPro Announce Deal". The NonProfit Times. Retrieved June 20, 2017.
- ^ "Salsa Labs Acquired By Private Equity Firm - The NonProfit Times". The NonProfit Times. Retrieved 2018-07-25.
- ^ "EveryAction Makes 6th and Largest Acquisition with Salsa Labs". BusinessWire. 2021-06-02. Retrieved 2022-01-20.
- ^ Apax (2021-08-03). "Apax Merges Software Firms for Non-Profits in $2 Billion Deal". Bloomberg. Retrieved 2022-01-20.
External links
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