Charlotte, NC, June 25, 2020 - SignUpGenius, a leader in online sign ups, announced the launch of Lumaverse Technologies ("Lumaverse"), a platform of leading group management solutions focused on nonprofits and K-12 schools. Lumaverse expands the power of SignUpGenius by coupling it with technologies that solve volunteer, member, event and fundraising management challenges. Lumaverse is backed by Providence Strategic Growth ("PSG"), the growth equity affiliate of Providence Equity Partners, a premier global asset management firm with over $45 billion in aggregate capital commitments.
The vision for Lumaverse was inspired by SignUpGenius customers, which numbered over 130 million in 2019. As people discovered new ways to use sign ups over the years, the company sought to expand its core offering. Working with PSG, SignUpGenius identified best-in-class solutions to form a powerful software platform that includes the following suite of solutions:
As part of Lumaverse, the companies will continue to operate as stand-alone brands within the Lumaverse platform while being increasingly integrated as a suite. Lumaverse solutions are currently used by some of the largest school districts in the United States, tens of thousands of schools and nonprofits ranging from local hospitals to The United Way.
"Lumaverse is a unique, data-driven platform comprised of a range of solutions that make essential activities within communities easier and more intuitive," said Matthew Stone, Principal at PSG. "We look forward to leveraging our deep experience investing in technology-based companies to support the Lumaverse team as it seeks to expand its family of companies and fuel future growth."
About Lumaverse Technologies
We empower people to change the world, together. Focused on nonprofits and K-12 schools, Lumaverse expands on the power of SignUpGenius by coupling it with technologies that solve volunteer, member, event and fundraising management challenges. Lumaverse builds simplicity into software solutions that light the way to increased engagement, data-driven insights, and streamlined group management. By coordinating people and events, our solutions help organizations build lasting connections. Lumaverse Technologies is comprised of SignUpGenius, NonProfitEasy, TimeTap, Fundly, Membership Toolkit, AtoZConnect, Learning Stream and GoSignMeUp. The companies operate as stand-alone brands within the Lumaverse platform while being increasingly integrated into a suite. For more information, please visit www.lumaverse.com.
About Providence Strategic Growth Capital Partners L.L.C.
Providence Strategic Growth ("PSG") is an affiliate of Providence Equity Partners ("Providence"). Established in 2014, PSG focuses on growth equity investments in lower middle market software and technology-enabled service companies. Providence is a premier global asset management firm that pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm's inception in 1989, Providence has invested in more than 200 companies and is a leading equity investment firm focused on the media, communications, education and information industries. PSG is headquartered in Boston, MA, with offices in London and Kansas City. For more information on PSG, please visit www.provequity.com/private-equity/psg, and for more information on Providence, please visit www.provequity.com.
Providence Strategic Growth
Andrew Cole/Kelsey Markovich/Hayley Cook
Sard Verbinnen & Co.