Blackbaud Raiser's Edge NXT vs Voyager Technologies
Side-by-side comparison of AI visibility scores, market position, and capabilities
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.
About
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.
Defense Technology & Commercial Space Infrastructure
Voyager Technologies (NYSE: VOYG) IPO'd in June 2025 at $31/share raising $402M; reported $144.2M revenue in 2024 with 84% from US government; leads Starlab commercial space station development with $217.5M NASA grant;
About
Voyager Technologies, Inc. is a defense technology and space solutions company operating at the convergence of national security, space infrastructure, and advanced capability development. The company delivers mission-critical systems protecting US national interests and extending humanity''s presence from low-Earth orbit to the Moon and beyond. Voyager operates through three business segments: Defense & National Security (advanced defense systems including optical guidance and propulsion), Space Solutions (mission management and ISS-adjacent services), and Starlab Space Stations (commercial space station development).
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