Gloo buys Cedarstone to add AI finance outsourcing
COLORADO, UNITED STATES — Gloo, an artificial intelligence (AI)-powered platform serving faith-based and nonprofit organizations, has entered a definitive agreement to acquire Cedarstone, a finance and operations outsourcing firm for nonprofits.
Cedarstone provides outsourced accounting, donor operations, and fractional chief financial officer (CFO) services, and will operate as a wholly-owned Gloo Capital Partner under its own brand and leadership.
The transaction is expected to close in the third quarter of 2026, and Gloo serves more than 140,000 faith, ministry, and nonprofit leaders.
Cedarstone brings outsourced finance operations to Gloo platform
According to a company press release, Gloo’s Applied AI strategy centers on automating financial workflows for nonprofits, and the Cedarstone acquisition adds a human services layer, pairing Gloo’s technology with business process outsourcing (BPO) for accounting, donor development, and fractional CFO advisory.
Cedarstone also brings more than 250 network capability providers into the Gloo ecosystem, expanding the range of outsourced services available to faith-based nonprofit clients through the Gloo 360 platform.
“Bringing Cedarstone in as a wholly-owned Gloo Capital Partner gives them the technology infrastructure to deliver more of the work itself, helping them improve outcomes for the organizations they serve, and scale to new customers,” said Scott Beck, Co-Founder and Chief Executive Officer (CEO) at Gloo.
Cedarstone’s founders built it to serve faith-aligned nonprofits
Cedarstone will maintain its existing leadership team and brand identity following the acquisition, with access to Gloo’s AI platform and a broader partner network serving faith-based organizations.
Gloo’s platform also serves nonprofits with digital marketing, data management, and donor solutions, and the Cedarstone deal adds outsourced accounting and fractional CFO services to complete the operational picture for mission-driven organizations.
“David Sveen, Bill Skowera and Kurt Tillman founded Cedarstone with a vision to lift the operational burden off nonprofit leaders so they could focus entirely on their mission, and Gloo shares that same conviction,” said Tim Barg, CEO at Cedarstone.
Gloo’s acquisition of Cedarstone reflects a trend in which nonprofits are moving from standalone software to bundled platforms that combine outsourcing finance and accounting with AI-driven tools for donor management, marketing, and workforce solutions.
For the BPO and accounting sector, the deal signals growing demand for integrated platforms that pair automation with expert financial operations, particularly among nonprofits managing complex donor, grant, and compliance accounting.
As AI tools increasingly automate bookkeeping, financial reporting, and compliance tasks in the nonprofit sector, acquisitions like Gloo’s deal with Cedarstone position outsourcing providers to deliver fully managed financial operations alongside the software layer.
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