Salsa Labs

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.

Salsa Labs
Formation2003
TypePrivate
HeadquartersBethesda, Maryland
Location
  • United States
Websitewww.salsalabs.com

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]

References
  1. Overly, Steven (August 1, 2011). "The Download: Investment deals could rank with those of tech peak". The Washington Post. Retrieved August 1, 2011.
  2. 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.
  3. Flook, Bill (May 29, 2014). "Salsa Labs raises $5M from Edison Ventures, Maryland Venture Fund". Washington Business Journal. Retrieved June 20, 2017.
  4. 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.
  5. Hrywna, Mark (November 5, 2015). "Salsa, DonorPro Announce Deal". The NonProfit Times. Retrieved June 20, 2017.
  6. "Salsa Labs Acquired By Private Equity Firm - The NonProfit Times". The NonProfit Times. Retrieved 2018-07-25.
  7. url=https://www.businesswire.com/news/home/20210602005376/en/EveryAction-Makes-6th-and-Largest-Acquisition-with-Salsa-Labs/
  8. Apax (2021-08-03). "Apax Merges Software Firms for Non-Profits in $2 Billion Deal". Bloomberg. Retrieved 2022-01-20.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.