Welcome!

Containers Expo Blog Authors: Liz McMillan, Pat Romanski, Yeshim Deniz, Elizabeth White, Zakia Bouachraoui

News Feed Item

Social Sector Ventures Invests in Affinaquest’s Innovative Donor Management System

Affinaquest, the powerful and versatile nonprofit donor management system built on the innovative salesforce.com platform, announced today that it has received growth capital from Social Sector Ventures. The new capital will be used to expand its product functionality and support services, as well as sales and marketing activities to meet the rapidly growing interest from the nonprofit community.

“Affinaquest is generating tremendous attention because it’s based on a data model that has been refined over the last 40 years to enable faster and cleaner data entry and reporting and it has been built on the robust, state-of-the-art salesforce.com cloud based platform. When compared to many of the legacy systems in the market today, it is clear that Affinaquest is a dynamic and fresh solution for the complex donor development and acquisition challenges faced by today’s fundraising professionals,” says company founder, Jeff Shy.

“When leading nonprofit institutions are purchasing a donor management system they have relatively few options to choose from due to technology vendor consolidation in the past five years,” says John Walvoord, Ph.D., founder of Social Sector Ventures. “Affinaquest is changing the game, giving nonprofit institutions not only a modern choice in technology for donor management, but also providing a new option in database paradigms. By building Affinaquest on the best-of-class salesforce.com platform, Affinaquest makes it possible for additional applications to seamlessly integrate with donor management.”

Jeff Shy, a nonprofit CRM veteran who has developed nine advanced Donor Management Systems for nonprofit organizations and university advancement offices, will continue to lead Affinaquest as President and Chief Technology Officer. Dr. Walvoord, a long-time thought leader in donor management and multichannel marketing for the nonprofit community, joins the Affinaquest board as Chairman.

Affinaquest will remain a privately held company serving the specialized needs of nonprofit institutions. Additionally, “Social Sector Ventures is providing funding to assure continued product innovation. We are also expanding strategic partnerships for consulting, integration and implementation services,” says Dr. Walvoord.

“Technology vendor consolidation has lead to a disconcerting array of discontinued products and services that disrupt rather than serve the nonprofit market,” says Dr. Walvoord. “Social Sector Ventures provides the funding that allows entrepreneurs and their families to fulfill their vision without losing control of their companies. Our goal is to create and grow companies focused on serving nonprofit institutions rather than on exploiting nonprofits to build monolithic companies. Entrepreneurs with a vision to change the world are creating an alternative value system by building best of breed companies that are built to serve--and thus built to last.”

About AFFINAQUEST

Affinaquest, founded in 2009, is setting a new standard for 21st century fundraising and communication for great education and nonprofit causes. With an unparalleled data model and innovative data architecture built on the award-winning salesforce.com platform, Affinaquest helps transform complex data into actionable information that nonprofit leaders can effectively use to build compelling campaigns and forge long-lasting relationships with donors, advocates and alumni.

About SOCIAL SECTOR VENTURES

Social Sector Ventures supports entrepreneurs who develop innovative ideas and communication technologies that empower nonprofit organizations to do more good. It incubates and accelerates solutions to unleash donor generosity in ways that are scalable, efficient and in tune with changing donor preferences. Social Sector Ventures portfolio companies are helping raise and manage billions of dollars to meet human needs and create a better, safer and kinder world.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...