Submittable vs Blackbaud
Side-by-side comparison of AI visibility scores, market position, and capabilities
$74.6M funding ($47M Series C 2022 Accel-KKR); $66.6M revenue 2024 (+35.9% YoY); 11K customers; 230 employees; acquired WizeHive Aug 2024; grants management leader
About
Submittable is a grants and social impact management platform founded in 2010 and headquartered in Missoula, Montana. Originally built as a submissions management tool for literary magazines and creative organizations, Submittable evolved into a comprehensive platform for managing grant applications, corporate social responsibility programs, scholarship disbursements, and community impact initiatives. Its mission is to help organizations deploy resources efficiently and generate measurable social impact at scale.\n\nThe platform provides end-to-end tools for grant program design, applicant intake, review workflows, decision management, reporting, and payment disbursement. Submittable serves foundations, nonprofits, corporations, and government agencies running structured giving or scholarship programs that require managing high volumes of applications with diverse reviewer teams. In August 2024, Submittable acquired WizeHive, a competing grants management platform, significantly expanding its customer base and capabilities in the nonprofit and higher education segments.\n\nSubmittable reached $66.6 million in revenue in 2024, a 35.9% year-over-year increase driven by organic growth and the WizeHive acquisition. The company serves over 11,000 customers and has raised $74.6 million in total funding, employing approximately 230 people. Submittable competes with Fluxx, Salesforce Nonprofit, and Blackbaud in the grants management category. Its strong growth rate in a previously underpenetrated vertical and the strategic acquisition of a direct competitor demonstrate execution discipline and clear category consolidation ambitions.
Nonprofit cloud software suite for fundraising, financial management, and grantmaking. Charleston SC. Publicly traded (BLKB). Serves 45,000+ organizations.
About
Blackbaud is the leading cloud software company serving the nonprofit, education, and social good sectors. Headquartered in Charleston, South Carolina, and publicly traded on NASDAQ under the ticker BLKB, Blackbaud's portfolio spans fundraising CRM (Raiser's Edge NXT), financial management (Financial Edge NXT), grant management, education administration, and constituent engagement tools. The company serves approximately 45,000 organizations in 100+ countries, making it the dominant incumbent in enterprise nonprofit software.\n\nBlackbaud's flagship products have historically been the de facto standard for large nonprofits, universities, and healthcare foundations. The company has steadily migrated its product portfolio from on-premise systems to its Blackbaud SKY cloud platform, which underpins modern APIs and mobile-responsive interfaces. Its acquisition strategy has brought in ticketing (Altru), online giving (Luminate Online), and K-12 administration (Blackbaud Education Management) capabilities.\n\nAs a public company with hundreds of millions in annual recurring revenue, Blackbaud occupies a unique position in the nonprofit software market — it is large enough to serve the most complex enterprise requirements but faces growing competition from modern cloud-native challengers like Bloomerang and Bonterra targeting its mid-market flank. The company's scale, compliance certifications, and integrations with major financial and advancement platforms remain its core moats.
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