Blackbaud Raiser's Edge NXT(BLKB)

Leader#2 in Nonprofit Tech

Blackbaud nonprofit CRM (NASDAQ: BLKB, projected $1.12B+ 2025 revenue) serving 100K organizations with $100B+ annual flow; 70+ AI capabilities at bbcon 2025 and AI Coalition with Anthropic competing with Salesforce Nonprofit for major gifts.

Fundraising/CRM
BLKB
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Updated March 2026

Company Overview

About Blackbaud Raiser's Edge NXT

Blackbaud Raiser's Edge NXT is a cloud-based nonprofit fundraising and constituent relationship management platform developed by Blackbaud (NASDAQ: BLKB) — a Charleston, South Carolina-based social impact software company reporting $1.12-1.13 billion in projected 2025 revenue serving nearly 100,000 nonprofit, foundation, and social impact organization customers globally, with $100+ billion raised, granted, or managed through Blackbaud platforms annually. Raiser's Edge NXT (the cloud-native successor to the legacy Raiser's Edge on-premise CRM) provides major gift fundraising teams, annual fund programs, and donor stewardship operations with prospect research, campaign management, gift processing, constituent relationship tracking, and analytics. At bbcon 2025 in Philadelphia, Blackbaud unveiled 70+ embedded AI capabilities across its product suite and announced the AI Coalition for Social Impact (with Anthropic and Databricks) to advance responsible AI adoption for nonprofits. CEO Michael Gianoni has led Blackbaud since 2014. Founded 1981 by Anthony Bakker.

Business Model & Competitive Advantage

Blackbaud Raiser's Edge NXT's nonprofit CRM addresses the major gift fundraising and donor relationship management requirements that distinguish nonprofit development operations from commercial CRM: major gift fundraisers (managing relationships with donors capable of $10,000+ gifts) need prospect research integration (identifying capacity and propensity from wealth screening data), relationship tracking (logging calls, visits, and stewardship touches), and campaign attribution (connecting cultivation activity to gift commitments) at the individual donor level — with gift processing, pledge tracking, and acknowledgment letter automation for the $100-1,000 annual fund donor segment that requires operational efficiency at scale. Raiser's Edge NXT's Blackbaud Copilot (AI-powered assistant embedded across the platform for donor insights generation, outreach draft writing, and portfolio analysis) represents the 2024-2025 investment in making AI-assisted major gifts work accessible to fundraisers without data science expertise.

Competitive Landscape 2025–2026

In 2025, Raiser's Edge NXT competes in the nonprofit CRM, major gifts fundraising software, and nonprofit technology market with Salesforce Nonprofit (NPSP/NGOC, Salesforce subsidiary, major gift CRM on Salesforce platform), Virtuous (nonprofit CRM, $100M+ raised), and Bloomerang (donor management, $43M raised) for nonprofit development office and major gift fundraising team CRM platform adoption. Blackbaud's dominant position (100,000 customers, $100B+ annual flow) creates switching-cost advantages from years of donor relationship history stored in the platform. The 70+ AI capabilities at bbcon 2025 (including AI wealth screening integration, automated outreach personalization, and portfolio health scoring) demonstrate Blackbaud's commitment to maintaining platform relevance against newer CRM-native competitors. The 2025 strategy focuses on migrating the remaining legacy Raiser's Edge on-premise customer base to Raiser's Edge NXT cloud, growing the AI Copilot adoption for major gift portfolio management, and defending against Salesforce Nonprofit's enterprise account expansion.

Founded
1981
Headquarters
Charleston, South Carolina
Revenue
$1120M
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The Blackbaud Raiser's Edge NXT Story

Founded in 1981
Charleston, South Carolina
Founded by Anthony Bakker

Founders

Anthony Bakker
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Company Timeline

Major milestones in Blackbaud Raiser's Edge NXT's journey

12
Total Events
1
Funding Rounds
0
Acquisitions
3
Product Launches
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Leadership Team

Meet the leaders behind Blackbaud Raiser's Edge NXT

Michael P. Gianoni

President, CEO & Vice Chairman

Mike Gianoni has served as President, CEO, and Vice Chairman of Blackbaud since 2014 (promoted to Vice Chairman in 2024). He leads the company's transformation to cloud-based solutions and AI-powered innovation. Under his leadership, Blackbaud has grown to serve 100,000+ customers globally.

Andrew M. Leitch

Chairman of the Board

Andrew Leitch has served as Chairman of Blackbaud's Board of Directors since 2009. He provides strategic oversight and governance for the company's long-term direction.

Anthony Boor

CFO & EVP, Finance & Administration

Tony Boor serves as Chief Financial Officer and Executive Vice President of Finance & Administration, overseeing Blackbaud's financial strategy and operations supporting its $1.1B+ revenue business.

Sudip Datta

Chief Product Officer

Sudip Datta joined Blackbaud's executive team in 2024 as Chief Product Officer. He oversees the company's global product portfolio and previously led AIOps and Observability at Broadcom and served as VP of Products at Oracle.

Kevin Gregoire

EVP & Chief Operating Officer

Kevin Gregoire serves as Executive Vice President and Chief Operating Officer, responsible for operational excellence and service delivery across Blackbaud's global customer base.

Catherine Lacour

Chief Marketing Officer

Catherine Lacour leads Blackbaud's marketing strategy and brand development, driving customer acquisition and engagement across the social impact sector.

David Benjamin

EVP & Chief Commercial Officer

David Benjamin serves as Executive Vice President and Chief Commercial Officer, leading sales and customer success initiatives globally.

Open Positions

Reddit Discussions

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Key Differentiators

Market Leader

Blackbaud Raiser's Edge NXT is recognized as a market leader in the Nonprofit Tech sector, demonstrating strong industry presence and customer trust.

Enterprise Scale

With $1120M in revenue, Blackbaud Raiser's Edge NXT operates at enterprise scale with proven market validation.

Top 3 Ranked

Ranked #2 in the Nonprofit Tech category, consistently recognized for excellence.

Frequently Asked Questions

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