MemberSuite offers cloud-based association management software (AMS) with dozens of modules, a fully customizable platform, and a dedicated professional services team. The company targets associations and nonprofit organizations of all sizes, delivering enterprise systems to help organizations serve constituents affordably. Since Natalie Cheney became CEO 60 days ago she has worked with the board, employees, customers and partners to create a plan focused on elevating the customer experience and accelerating R&D. MemberSuite will use the $5.5 million funding to enhance customer experience, advance product innovation, and support additional hires in research and development, customer implementation, and success. The company significantly increased its revenue from last year and now serves more than 3 million members. Earlier this year MemberSuite landed on the Inc. 5000 Fastest-Growing Private Companies in America list for the second consecutive year. MemberSuite offers a cloud-based SaaS platform and analytics suite designed to help associations and nonprofits manage member services and operations. Its platform supports member management, billing, conference management, certification and higher-education management, and fundraising through dozens of modules and a customizable architecture. The company positions itself as a modern replacement for legacy, on-premise association management systems and emphasizes business intelligence, analytics, mobile and social capabilities. Founded in 2010 by Andrew A. Ryan and based in Atlanta, MemberSuite pairs software with professional services to serve organizations of all sizes. The company plans to use new funding to add over 50 team members, concentrating hires in sales, marketing, and engineering in the Atlanta region. MemberSuite has raised $19.6 million to date and says it is on the path to doubling its revenue from last year. MemberSuite provides cloud-based association management solutions for associations and non-profits of all sizes, offering modules for CRM, financials, events, billing, fundraising, e-marketing and many other association functions. The platform includes a dedicated professional services team and modules such as Order & Inventory, Committees, Career Center, Certifications, Advertising, Volunteers and Legislative Affairs. The company is led by CEO Andrew Ryan and is based in Atlanta, GA. MemberSuite plans to use new financing to fund product development and expand sales efforts. It also intends to raise an additional $1.0M in venture debt next month to support those plans. No operating metrics were disclosed in the article.

Total raised

$20M

Funding rounds

3

Latest round

Equity

Latest activity

Dec 2017