Announced
Completed
Synopsis
Bain Capital Tech Opportunities, a growth investing firm that invests in software, fintech and payments, and Valeas Capital Partners, a venture capital firm based in San Francisco, completed investment in Ren, a trusted technology partner to top financial institutions and thousands of non-profit organizations. Financial terms were not disclosed. “This is a significant inflection point in Ren’s growth, but more importantly, in the philanthropic economy. We see a clear opportunity to enhance our best-in-class platform so that we remain the trusted and most sought-after partner in facilitating philanthropic giving. Bain Capital Tech Opportunities and Valeas bring deep experience in vertical software and wealth-tech and the resources needed to propel our next phase of growth. We are thrilled to partner to continue to provide a best-in-class technology offering to our customers,” Joe Fisher, Ren President and CEO.
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