Submittable vs Blackbaud Raiser's Edge NXT
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.
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.
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