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 Tangicloud Technologies said it ended fiscal 2023 with more than 100 nonprofit organizations as customers.

The software company said these customers have more than 1,000 users. In addition, Tangicloud said it experienced 100-percent subscription renewal rate. Tanglicloud noted its Fundamentals software is based on Microsoft Dynamics 365 Business Central. Tangicloud was founded by Jay and Liesa Malik, who were the founders of the Serenic Software, which made financial applications for the non profit market. Jay is also CEO of Centerline Software, which provides specialized development and consultant services for businesses still using Dynamics NAV.

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