Foundant Technologies Analysis: $21M Raised
What is Foundant Technologies?
Foundant Technologies provides cloud-based software solutions for foundations, focusing on grant management, donor management, fundraising, and accounting to enhance organizational impact.
Employees
51-200
Founded
2007
Industry
B2b Saas
Parent Company
L Squared Capital Partners
Latest Funding Round
Series C
Latest Funding Round Size
Series C
Public Company Status
Private
Use Clay
No
Product Features & Capabilities
- CommunitySuite for fund accounting and CRM
- Grant Lifecycle Manager for comprehensive grants management
- Scholarship Lifecycle Manager for scholarship management
- SmartSimple Cloud for complex grantmaking needs
- GivingData for collaborative grants management.
Use Cases
Streamline grant management processes for foundations; Manage scholarship applications and awards efficiently; Track donor interactions and giving histories; Coordinate fundraising campaigns and events; Ensure compliance and transparency in fund accounting.
How much Foundant Technologies raised
Series B - $10.4M
Nov 12, 2020Lead Investor: Not disclosed
Series B - $10.4M
Aug 16, 2019Lead Investor: Not disclosed
Other Considerations
Serves over 2,600 clients; Achieved a 98.1% client satisfaction rate in 2024; Recently partnered with SmartSimple and GivingData.
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