On Wednesday, Fundly, a crowdfunding platform that is primarily used for nonprofit projects, announced that it has been acquired by NonProfitEasy.
Fundly President, Mark Feinberg, reportedly told Forbes:
“NonProfitEasy, the integrated and affordable data management solution for nonprofits, has acquired Fundly, a top online crowdfunding platform for individuals and organizations. With this acquisition comes an opportunity for NonProfitEasy to capitalize on the strong Fundly brand, so the entire NonProfitEasy product line will be rebranded to reflect the Fundly image. The goal is to bring consistency across all products and to offer any organization, regardless of size, a seamless and affordable way to manage all their data needs.”
The media outlet also revealed that no price has been disclosed for the private transaction. Feinberg is set to share details about the transaction and its implications for customers and employees of the combined entity live on Thursday (September 10th) at 12 p.m. EST.
