# Bloomerang

Bloomerang is an Asset Manager based in Indianapolis, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Indianapolis, United States
- **Region:** North America
- **Address:** Indianapolis, IN, United States
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** bloomerang.co
- **LinkedIn:** https://www.linkedin.com/company/bloomeranglvh

## Regulatory record

- **Reports private funds:** No

## About

Bloomerang is a software company based in Indianapolis, United States, founded in 2012. It offers a donor database and fundraising solution for nonprofits. The company has secured $930,001 in total funding.

## Sectors

- Enterprise Software
- Education
- Healthcare Services

## People

- Ross Hendrickson — Co-Founder & CEO
- Jay Love — Co-Founder

## Questions

### Who founded Bloomerang and what was their prior track record?

Ross Hendrickson and Jay Love co-founded the company in 2012. Love previously founded eTapestry, another nonprofit CRM, which he grew and sold to Blackbaud in 2007. His deep domain expertise shaped Bloomerang's product focus on donor retention and its fundraising-native database design, rather than adapting a generic sales CRM.

### How does Bloomerang differentiate from Salesforce Nonprofit Cloud or Blackbaud?

Bloomerang competes in the mid-market specifically by offering a database built for fundraising workflows from the start, rather than layering nonprofit functionality onto a general-purpose CRM. It targets smaller development teams — typical customers have 1–5 fundraisers — and emphasizes donor retention analytics as its core value proposition.

### What acquisitions has Bloomerang made?

Bloomerang has made three known acquisitions: Kindful (2020), a fundraising CRM with integration and data-sync strengths; InitLive (2022), a volunteer-management platform; and Qgiv (2023), a digital fundraising and events platform adding auctions and peer-to-peer capabilities. These acquisitions broadened its product suite beyond core donor management.

### Is Bloomerang planning an IPO?

There is no public signal of near-term IPO intentions. The company has been majority-owned by growth-equity firm JMI Equity since 2016 and has grown through acquisitions. Its scale and vertical focus make it a candidate for eventual private sale to a larger software consolidator, but management has not disclosed exit plans.

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Last updated: 2026-06-03T20:00:00.000Z

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