Bonterra

In September 2023, Bonterra, a technology company serving progressive and Democratic causes, implemented layoffs as part of a broader reorganization. The cuts notably affected NGP VAN, a key subsidiary, with reports indicating that approximately 50% of developers at ActionKit, an online fundraising and volunteer CRM platform, were let go. The exact total number of employees laid off and the company's overall workforce size were not officially disclosed. The layoffs, occurring under the ownership of private equity firm Apax Partners, sparked concern within the political tech industry that essential digital infrastructure for the 2024 election cycle could stagnate. Critics argued the move jeopardized core platforms relied upon by hundreds of progressive candidates and organizations.

Bonterra, a fundraising software company formed from the merger of Social Solutions, CyberGrants, EveryAction, and Network for Good, laid off 140 employees, representing 10% of its workforce, on January 13, 2023. The cuts, affecting all levels and legacy entities, were announced via email by new CEO Mark Layden, who cited a strategic restructuring to streamline operations after the company's growth to over 1,000 employees. The layoffs follow recent leadership changes and private equity-backed acquisitions, with the company aiming to reshape its business for future growth in the nonprofit technology sector.