Providence Strategic Growth Funds Lumaverse Technologies to Power Nonprofit and K-12 Engagement
Charlotte, NC, June 25, 2020 – SignUpGenius, a leader in online sign ups, announced the launch of Lumaverse Technologies (“Lumaverse”), a platform of leading group management solutions focused on nonprofits and K-12 schools. Lumaverse expands the power of SignUpGenius by coupling it with technologies that solve volunteer, member, event and fundraising management challenges. Lumaverse is backed by Providence Strategic Growth (“PSG”), the growth equity affiliate of Providence Equity Partners, a premier global asset management firm with over $45 billion in aggregate capital commitments.
The vision for Lumaverse was inspired by SignUpGenius customers, which numbered over 130 million in 2019. As people discovered new ways to use sign ups over the years, the company sought to expand its core offering. Working with PSG, SignUpGenius identified best-in-class solutions to form a powerful software platform that includes the following suite of solutions:
Volunteer, Member, Donor and Fundraising Management via NonProfitEasy, an intuitive, enterprise, all-in-one CRM
Online Appointment Scheduling via TimeTap, which boasts enterprise scalability and HIPAA, GDPR and SOC 2 compliance
Crowdfunding (P2P) via Fundly, which requires no minimum fundraising fees to get started
PTA & PTO Member Management via Membership Toolkit, an all-in-one solution that includes website management, accounting, fundraising and communications
PTA & PTO Member Directory services via AtoZConnect, with mobile and print options
Course and Event Registration via Learning Stream and GoSignMeUp, focusing on Continuing Education (CE) and Professional Development (PD)
“Our mission is to build simplicity into software solutions that light the way to increased engagement, data-driven insights and streamlined group management,” said Mike Barros, Lumaverse CEO. “Today, the communities we serve are battling an unprecedented health crisis and igniting the largest social justice movement of our generation. Through it all, our customers are taking action by coordinating volunteers and frontline workers, fundraisers, trainings and other events that will help change the world. We are inspired by them and proud to be a part of the solution at this critical time.”
As part of Lumaverse, the companies will continue to operate as stand-alone brands within the Lumaverse platform while being increasingly integrated as a suite. Lumaverse solutions are currently used by some of the largest school districts in the United States, tens of thousands of schools and nonprofits ranging from local hospitals to The United Way.
“Lumaverse is a unique, data-driven platform comprised of a range of solutions that make essential activities within communities easier and more intuitive,” said Matthew Stone, Principal at PSG. “We look forward to leveraging our deep experience investing in technology-based companies to support the Lumaverse team as it seeks to expand its family of companies and fuel future growth.”
About Lumaverse Technologies
We empower people to change the world, together. Focused on nonprofits and K-12 schools, Lumaverse expands on the power of SignUpGenius by coupling it with technologies that solve volunteer, member, event and fundraising management challenges. Lumaverse builds simplicity into software solutions that light the way to increased engagement, data-driven insights, and streamlined group management. By coordinating people and events, our solutions help organizations build lasting connections.
Lumaverse Technologies is comprised of SignUpGenius, NonProfitEasy, TimeTap, Fundly, Membership Toolkit, AtoZConnect, Learning Stream and GoSignMeUp. The companies operate as stand-alone brands within the Lumaverse platform while being increasingly integrated into a suite. For more information, please visit www.lumaverse.com.
About Providence Strategic Growth Capital Partners L.L.C.
Providence Strategic Growth (“PSG”) is an affiliate of Providence Equity Partners (“Providence”). Established in 2014, PSG focuses on growth equity investments in lower middle market software and technology-enabled service companies. Providence is a premier global asset management firm that pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm’s inception in 1989, Providence has invested in more than 200 companies and is a leading equity investment firm focused on the media, communications, education and information industries. PSG is headquartered in Boston, MA, with offices in London and Kansas City. For more information on PSG, please visit www.provequity.com/private-equity/psg, and for more information on Providence, please visit www.provequity.com.
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