Tuesday, October 19, 2021

Classy Acquires Events Platform Fondi

San Diego-based nonprofit software developer Classy announced on Tuesday that it is acquiring event platform Fondi, the developer of a virtual and hybrid event platform. Financial details of the acquisition were not announced. Classy said it will relaunch Fondi as Classy Live for nonprofits. Fondi was previously owned by Lennd. Classy--which recently raised $118M in a Series D funding--said the move is part of its investors to invest in customer-forward product development and acquiring technology to complement its platform. Classy is led by CEO Chris Himes.

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