EveryAction Acquires ActionKit
Innovative Talent and Digital Product Add to EveryAction’s Rapid Growth
EveryAction, a leading provider of software serving over 15,000 nonprofits, announced today that it has acquired We Also Walk Dogs Inc., more commonly known by their product’s name, ActionKit. The acquisition follows EveryAction’s strategy of collecting the best people who create the best SaaS products, that provide the most value to nonprofits.
ActionKit offers a Digital toolset recognized for its innovative and powerful features, and for providing the scale and reliability needed by larger organizations. Clients include some of the largest and most successful organizations, like MoveOn, the Natural Resources Defense Council, and ONE. The team, led by CEO Patrick Kane, is widely respected as one of the smartest software teams serving nonprofits, with deep understanding of the key outcomes for its client, and with passionate commitment to helping nonprofits achieve their goals. ActionKit’s revenue grew rapidly in 2018. ActionKit will become a division of EveryAction, headed by Kane.
EveryAction offers a best-in-class Digital, Fundraising and Organizing SaaS products, with a unified customer relationship management (CRM) platform that is able to effectively serve large and small nonprofits, as well as campaigns through its NGP VAN brand. EveryAction revenue grew by 47% in 2018, and with annual revenues of $50M per year, is now one of the largest and also one of the fastest growing providers of software to nonprofits. EveryAction clients include some of the largest and most successful organizations, including the National Audubon Society, Planned Parenthood Federation of America, and the United Nations Foundation.
Clients of both companies will benefit in many ways, including by expanding the network effect of each company’s one-click contributions and form pre-filling features, leading to higher conversion rates and more engagement for nonprofits. Additionally, ActionKit clients will gain access to the EveryAction Fundraising and Organizing products, and EveryAction’s unique CRM—the only nonprofit-focused unified CRM of its kind on the market capable of serving large nonprofits.
The acquisition follows EveryAction’s partnership with Insight Partners last August, through which Insight Partners provides capital for the company’s growth. Insight is a leading venture capital and private equity firm focused on high-growth technology and software companies, with a 20+ year track record in partnering to scale businesses. EveryAction is a platform investment of the firm’s $6.3B Fund X, closed in 2018. EveryAction will continue to be active with acquisitions moving forward.
“We welcome ActionKit’s incredible clients and team to the EveryAction family, and look forward to continuing to provide the most value to the nonprofit community,” said EveryAction CEO Stu Trevelyan.
“EveryAction has become one of the biggest providers of software to nonprofits by focusing on creating the best products with the highest rate of innovation that provide the best results for clients—and we’re excited to join the team and work together on that,” said We Also Walk Dogs’ CEO, Patrick Kane.
District Capital Partners acted as the buyside advisor to EveryAction.
EveryAction has grown into one of the largest and fastest growing providers of Digital, Fundraising, and Organizing SaaS tools to nonprofits and progressive campaigns. EveryAction clients raise billions of dollars each year, send billions of emails, and recruit millions of supporters. Built and supported by nonprofit experts, EveryAction’s tools allow nonprofits of all sizes to optimize interactions with supporters and prospects, leading to the best outcomes. EveryAction is headquartered in Washington, D.C., with another major office in Boston. EveryAction is fueled by passionate people who truly care about doing more good, with a love of important causes and innovative technology. For more information, visit www.everyaction.com or follow us on Twitter @everyactionhq
About We Also Walk Dogs
We Also Walk Dogs is the company that created and runs the ActionKit software, used by many of the largest and most successful organizations. ActionKit is used by progressive organizations around the world to make a difference, raise more funds, and engage more users. Clients love the platform’s reliability and responsive support. For more information, visit www.actionkit.com
About Insight Partners
Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $23 billion and invested in over 300 companies, as well as more than 200 M & A transactions for our portfolio companies. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. Across our people and our portfolio, we encourage a culture around a core belief: growth equals opportunity. For more information on Insight and all its investments, visit www.insightpartners.com or follow us on Twitter @insightpartners