Company Overview
Blackbaud is the world's leading cloud software company powering social impact, with over four decades of expertise serving nonprofits, foundations, companies, education institutions, healthcare organizations, and individual change agents. Founded in 1981 by Anthony Bakker and headquartered in Charleston, South Carolina, Blackbaud has grown into a publicly-traded company (NASDAQ: BLKB) serving nearly 100,000 customers globally.
The company's comprehensive suite of cloud-based solutions enables organizations to raise funds, manage donors, accept payments, grant funding, analyze data, and engage constituents. Over $100 billion is raised, granted, or managed through Blackbaud platforms every year, making it an essential infrastructure provider for the social impact sector. With flagship products including Raiser's Edge NXT for fundraising, Financial Edge NXT for accounting, and Blackbaud CRM for large enterprises, the company dominates the nonprofit technology landscape.
Blackbaud's recent transformation focuses heavily on AI innovation, with the 2024 introduction of Blackbaud Copilot—an AI-powered assistant embedded across its product suite—and the announcement of 70+ embedded AI capabilities at bbcon 2024. The company is pioneering the concept of "systems of intelligent action" that proactively manage donor relationships and automate fundraising workflows. Through strategic partnerships with Microsoft, Anthropic, and other tech leaders, Blackbaud is positioning itself at the forefront of responsible AI adoption for social impact organizations.
Under CEO Michael Gianoni's leadership since 2014, Blackbaud has successfully transitioned from legacy on-premise software to cloud-first solutions, with projected 2025 revenue of $1.12-1.13 billion and recognition on multiple corporate responsibility and innovation lists.
The Blackbaud Raiser's Edge NXT Story
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Market Leader
Blackbaud Raiser's Edge NXT is recognized as a market leader in the Nonprofit Tech sector, demonstrating strong industry presence and customer trust.
Top 3 Ranked
Ranked #2 in the Nonprofit Tech category, consistently recognized for excellence.
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