When was Foundant Technologies founded?

Foundant Technologies was founded in 2006 and raised its 1st funding round 13 years after it was founded.

Where is Foundant Technologies located?

Foundant Technologies is headquartered in Bozeman, United States. It is registered at Bozeman, Montana.

Who is the current CEO of Foundant Technologies?

Josh Mallamud of Foundant Technologies.

How many employees does Foundant Technologies have?

As of Dec 31, 2020, the latest employee count at Foundant Technologies is 139.

Is Foundant Technologies a funded company?

Foundant Technologies is a funded company, having raised a total of $20.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Aug 16, 2019.

When was the latest funding round of Foundant Technologies?

Foundant Technologies' latest funding was a $***** Series C round on Feb 16, 2023, with participation from 1 investor.

Where does Foundant Technologies rank among its competitors?

Foundant Technologies ranks 5th amongst 140 active competitors, of which 16 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Instrumentl, which secured $55M in Apr, 2025.

Who are the top competitors of Foundant Technologies?

Foundant Technologies' top competitors include Blackbaud, Crowded and AmpliFund. Among them, Instrumentl secured the most recent funding round in April, 2025.

Foundant Technologies - 2026 Company Profile, Team, Funding & Competitors

Company Details

Software solutions empowering foundations and social good organizations to maximize impact. They provide cloud-based software designed to streamline workflows and amplify the impact of philanthropic organizations. Their offerings include grant lifecycle management, scholarship management, fund accounting, fundraising and event management, and donor relationship management. These solutions cater to diverse grantmaker types, sizes, and missions, fostering collaboration and innovation within the philanthropic sector. They offer tools to simplify grantmaking processes, manage scholarships efficiently, ensure financial compliance, coordinate fundraising efforts, and cultivate lasting donor relationships. The company focuses on delivering user-friendly, configurable solutions that empower organizations to focus on their core mission and drive positive social change.

Website: foundant.com
Social
Registered Address: Bozeman, Montana

Key Metrics

Founded Year

2006

Location

Bozeman, United States

Stage

Series C

Total Funding

$20.8M in 3 rounds

Latest Funding Round

Series C, Feb 16, 2023, $*****

Investors

L Squared Capital Partners & 1 more

Ranked

5^th among 140 active competitors

Employee Count

139 as on Dec 31, 2020

Similar Companies

Blackbaud & 148 more

View Foundant Technologies' full profile

Foundant Technologies is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Foundant Technologies, Inc. CIN: 20-8081996 , United States, Active	Jul 14, 2019	-	139 (As on Dec 31, 2020)	-
FOUNDANT TECHNOLOGIES CIN: 208081996 , United States, Active	Dec 31, 1999	-	159 (As on Dec 31, 2024)	-

Foundant Technologies has raised a total funding of $20.8M over 3 rounds. Its first funding round was on Aug 16, 2019. Its latest funding round was a Series C round on Feb 16, 2023 for $*****. 1 investor participated in its latest round. Foundant Technologies has 2 institutional investors.

Here is the list of recent funding rounds of Foundant Technologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 16, 2023	7932883	Series C	5866053	1374127	5047066	7830733
Nov 12, 2020	6506730	Series B	5135183	6905023	8772238	2975924
Aug 16, 2019	6619389	Series B	1067942	7525714	5033818	8761136

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View details of Foundant Technologies's funding rounds and investors

The founders of Foundant Technologies is Mark Larimer. Josh Mallamud is the CEO of Foundant Technologies.

Here are the details of Foundant Technologies' key team members:

Mark Larimer: Co-Founder of Foundant Technologies.
Josh Mallamud: Founder & CEO of Foundant Technologies.
Contact Info: 1 email address

View details of Foundant Technologies's Founder profiles and Board Members

Foundant Technologies' employee count trend

Foundant Technologies has 139 employees as of Dec 20. The total employee count is 39.0% more than what it was in Dec 19. Here is Foundant Technologies's employee count trend over the years:

Employee count trend for Foundant Technologies

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Top competitors of Foundant Technologies include Blackbaud, Crowded and AmpliFund. Here is the list of Top 10 competitors of Foundant Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Blackbaud 1981, Charleston (United States), Public	Developer of software for nonprofits, education, corporate social responsibility, and foundations	-	JMI Management, Hellman & Friedman & 1 others	67/100
2nd	Crowded 2021, New York City (United States), Series A	Online banking and financial management for non-profits organization	$13.5M	Garage Capital, Flashpoint & 7 others	64/100
3rd	AmpliFund 2008, Cleveland (United States), Acquired	Cloud-based grant management software for government	$18.8M	HPA, North Coast Angel Fund & 14 others	63/100
4th	Daxko 1998, Birmingham (United States), Acquired	Provider of cloud-based suite solutions for nonprofit organizations	$7.75M	Genstar Capital, Golub Growth & 3 others	63/100
5th	Foundant Technologies 2006, Bozeman (United States), Series C	Software solutions empowering foundations and social good organizations to maximize impact	$20.8M	L Squared Capital Partners, HomeStake Venture Partners ... Read more	59/100
6th	Ministry Brands 2012, Tampa (United States), Acquired	Provider of saas-enabled comprehensive church management solutions	-	Providence Equity Partners, CFT Capital Partners ... & 10 others	58/100
7th	Instrumentl 2014, San Francisco (United States), Series A	Online discovery platform for research grants	$55.1M	Summit Partners, 10x Group & 6 others	55/100
8th	Segovia 2014, New York City (United States), Acquired	Provider of payment gateway solutions	$15.8M	Pershing Square Holdings, MENA Venture Investments ... & 6 others	53/100
9th	Beam 2016, Brooklyn (United States), Series A	Cloud-based suite solutions for public safety management	$18.2M	ECMC Foundation, Queen City FinTech & 25 others	49/100
10th	Cayuse 1994, Portland (United States), Acquired	Cloud-based platform for grant management	-	Primus Capital, eBridge Ventures & 1 others	45/100

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Foundant Technologies has made no investments or acquisitions yet.

Here is the latest report on Foundant Technologies's sector:

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Payroll Management - Sector Report

Edition: February, 2026 (68 Pages)

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Media has covered Foundant Technologies for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.