Convio files for IPO

Share this content:

Convio Inc., an on-demand software provider to nonprofits, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.

Convio helps nonprofits use the Internet strategically to build relationships with constituents for driving fundraising, advocacy and other forms of support. Convio has online solutions for fundraising, advocacy, Web content management, event fundraising, e-commerce and e-mail communications.

With the acquisition of GetActive in January and new clients added in the first quarter of 2007, Convio, Austin, TX, now serves more than 1,400 nonprofits, charities, associations and advocacy clients. Some of its clients include American Red Cross, Avon Foundation, Sierra Club and Thirteen/WNET New York.

For the first quarter of 2007, the company posted an 80 percent increase in revenue, thanks in part to the acquisition of GetActive, which also offers an eCRM solution for nonprofits. At the time, the company also showed a strong balance sheet with more than $15 million in cash.

Convio believes that by integrating the two companies, it has a strong foundation for future success.

The shares of common stock to be sold in the IPO are expected to be offered by Convio and some of its stockholders. The number of shares to be sold and the price range for the proposed offering have not yet been determined.

close

Next Article in Data/Analytics

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above