Salsa Labs, Inc. is a
Bethesda, Maryland
Bethesda () is an unincorporated, census-designated place in southern Montgomery County, Maryland. It is located just northwest of Washington, D.C. It takes its name from a local church, the Bethesda Meeting House (1820, rebuilt 1849), which in ...
-based
software as a service
Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software.
SaaS is con ...
(SaaS) company that provides donor management,
digital marketing
Digital marketing is the component of marketing that uses the Internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services. Its development duri ...
, 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.
In May 2014, Salsa Labs received another $5 million from Edison and Maryland Venture Partners. Later that year, in October 2014, Salsa Labs acquired social fundraising and events platform, Givezooks! In November 2015, Salsa Labs merged with leading donor management platform, DonorPro.
In April 2018, Salsa Labs was acquired by private equity firm Accel-KKR.
In June 2021, Salsa Labs was acquired by
EveryAction. Three months later,
Apax Partners
Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of December 2017, the firm, including its ...
acquired
EveryAction from
Insight Partners
Insight Partners (previously Insight Venture Partners) is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses.
History
Insight Partners was fo ...
and
from
Vista Equity Partners
Vista Equity Partners is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in hundreds of companies, including Misys, Ping Identity, and Marketo.
The co ...
, combining them with CyberGrants, a company it agreed to acquire in June from Waud Capital Partners.
References
External links
*
Companies based in Bethesda, Maryland
{{WashingtonDC-stub