Venture Capital
Andrea Alms Video: Money In Motion 65 - The Donation Software Market
July 2023 - Venture Capital
TRANSCRIPT Hello, my name is Andrea Alms. I am technology investor and financial manager and this is your Money in Motion Welcome to the complex ecosystem of donor management, software market and effective donor management platform is a pivotal tool for all nonprofit organizations hoping to increase donor and volunteer engagement. There is a rise of emerging nonprofit organizations in the USA, rapid urbanization, growing number of working class individuals along with customers and consumers seeking in-kind contribution instead of cash in this current economic environment. Thus, stock giving is on the rise. According to VMR the United States donation management software market was valued at 899.78 million in 2020 and projected to reach 2.1 billion by 2028, growing at a compound average growth rate of 11.32% based on type. The market consists of cloud, SaaS, web, mobile, iOS, Native mobile, Android, native cloud accounts for the largest share. There are several benefits to it that are driving its fueling and its growth based on application. The market consists of charity, bays, government and others. Charity takes the largest share of U.S. market players. The major ones include Blackbaud, Oracle, Advance Solutions, International Nation Builder Software Inc and Donor Perfect, an emerging billion dollar market with double digit growth. Let's keep an eye on it. Thank you. This is your money, your Money in Motion.