EverTrue scores $8 mln Series B

Boston-based EverTrue, a social donor management platform, has closed $8 million in Series B funding. Bain Capital Ventures led the round with participation from Silicon Valley Bank.

BOSTON, MA—October 15, 2014—EverTrue (www.evertrue.com), a social donor management platform, today announced $8M in Series B funding led by Bain Capital Ventures, with participation from Silicon Valley Bank. This latest round of funding brings the company’s total financing to $14.5M. EverTrue plans to use the capital to support further investments in engineering, data science and customer success.

TechStars Boston alumnus and MassChallenge winner EverTrue works with more than 250 organizations, including leading higher education institutions and independent schools. Powered by social networks including LinkedIn and Facebook, the EverTrue platform provides real-time intelligence to support donor identification and prospect management.

“We continue to be bullish on the opportunity to bring for-profit sales and marketing intelligence to the non-profit sector,” said Mike Krupka, Managing Director of Bain Capital Ventures. “EverTrue’s continued growth and focus on customer success is supported by the addition of large enterprises, including Boston University, to its list of over 250 customers.”

Silicon Valley Bank

Read the release here.