There’s something deliberate about the rise of Avid, a company named for passion but built on precision. Today, that precision has been rewarded with a $6.5 million seed round led by Silverton Partners, marking a serious moment for the future of fundraising technology. Founded by Ray Gary and Kevin Peters, Avid isn’t just another SaaS platform with a shiny interface, it’s the first true AI-powered Fundraising Operating System designed to help nonprofits turn fragmented data and disconnected tools into coordinated action. For an industry powered by purpose but often paralyzed by inefficiency, Avid feels less like another product launch and more like a systems upgrade for philanthropy itself.
Ray Gary, who previously built iDonate and led Koch Ventures, has spent his career at the intersection of capital and cause. He’s seen how mission-driven organizations struggle to scale impact when the tech can’t keep pace. Kevin Peters, after a decade as CTO at NextAfter, watched the same movie from inside the machine, nonprofits swimming in analytics with no lifeguard in sight. Together, they built Avid to unify CRMs, email systems, donation platforms, and ad channels into one intelligent hub that doesn’t just show you what happened, but tells you what to do next.
The results are already speaking louder than the buzzwords. Over 100 nonprofit organizations across the U.S. are using Avid’s platform, which has been trained on more than 650 million donor interactions and 7,000 fundraising experiments. The numbers read like a manifesto for efficiency: 41% lower donor acquisition costs, 39% higher retention, and a 32% increase in ROI. Avid doesn’t predict trends, it shapes them, turning donor behavior into a live feed of actionable intelligence. That’s what happens when AI stops being a gimmick and starts understanding generosity.
Silverton Partners saw that signal early. With Managing Partner Morgan Flager and Operating Partner Rob Taylor, who previously built and sold Convey for $255 million, backing the vision, Avid has both the funding and the firepower to scale. The leadership lineup runs deep, with Chief Marketing Officer Stephen Boudreau, Chief Revenue Officer Erik Tomalis, and Vice President of Training Nathan Hill all bringing serious nonprofit tech credentials to the table. Each knows the grind of fundraising from the inside, and they’re now building the system they always wanted to use.
The funding will fuel Avid’s growth across the U.S., expand AI-driven donor engagement features, and deepen integrations across the fundraising tech stack. As SOC2 Type II compliance nears completion and ethical AI standards take shape, Avid is quietly setting a new bar for trust and transparency in the giving economy. Because when precision meets passion, fundraising stops feeling reactive and starts operating intelligently. That’s not poetry, it’s progress.
