Tennessee based Kindful
raised $3.5 million in initial funding to support its sales and product growth initiatives. Kindful is a fundraising and data management software company that supports non-profits.
Venture capital firm Cultivation Capital
, with a specific focus on technology and life sciences companies, led the team of investors.
Founder and chief executive Jeremy Bolls said Kindful will pour the fresh funds into its sales and product development teams to jumpstart growth, which he pegged at 500% in revenue and customers annually.
Kindful “unifies fundraising, transaction and donor management tools under one roof, then seamlessly integrates those tools with other data sources, like events, accounting or email marketing systems.”
Its clientele includes Habitat for Humanity of the San Juans, Life for the Innocent, Hands & Feet Children’s Villages, RainCatcher, Happy Tales Humane, and Know Think Act, among others.
Subscription rates range from $100 to $400 per month.