Bloomerang names new CEO
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Indianapolis-based tech company Bloomerang has selected Dennis Fois as its new chief executive officer. Fois most recently served as CEO of Copper CRM, a customer relationship management (CRM) software platform headquartered in San Francisco.
Bloomerang has developed a donor management software platform that aims to help small- and medium-sized nonprofits improve their donor retention.
Fois previously served as CEO of NewVoiceMedia, which was acquired by Vonage in 2019 for $350 million. He was also CEO of United Kingdom-based customer engagement platform Rant & Rave.
“There’s tremendous demand from nonprofits for easy-to-use technology that frees up time and increases their impact,” Bloomerang board member David Greenberg said in written remarks. “I’m confident that Dennis’ years of success working in high-growth CRM and customer experience technology companies makes him uniquely suited to strengthen Bloomerang’s leadership in the nonprofit sector.”
Fois said he was drawn to Bloomerang because of the opportunity to bring what he’s learned from the relationship management and customer experience sectors and apply it to nonprofits.
“This is not just about building software. This is an opportunity to share best practices and apply them to the unique needs of nonprofits and the technology they use,” he said.
Fois succeeds co-founder and former CEO Ross Hendrickson, who stepped down after 10 years in the role. The company said Hendrickson will remain with the company as a strategic advisor, investor and board member.
Bloomerang said it serves more than 15,000 nonprofits and helped them raise more than $8 billion in 2021. The company also grew its workforce by 22% last year to 324 employees in the U.S. and Canada, with 129 workers located in Indiana.
In October 2019, Bloomerang said it would invest $1 million to expand its headquarters with the purchase of an adjacent building in the Fort Ben Tech Campus in Indianapolis.
The company received a strategic growth investment from Baltimore-based growth equity firm JMI Equity in September 2020, though financial details were not disclosed.