Venkatesan New CEO At Momentive Software

Ravi Venkatesan is the new chief executive officer of Momentive Software, based in St. Petersburg, Florida, and will continue on the firm’s board of directors, which he joined in August 2025.

Venkatesan succeeds Dustin Radtke, who led the company as interim CEO since October 2025 while remaining the chief product and development officer. Radtke will move into the role of chief AI officer, where he will lead the company’s AI-driven innovation and product transformation through the development of its AI-native platform, MomentiveIQ, while continuing to lead product and R&D.

Venkatesan was CEO of Cantaloupe Inc., a publicly traded digital payments and software services company, until its recent acquisition by 365 Retail Markets. He is a global business leader with a proven track record of value creation across multiple high-growth technology companies, according to an announcement from Momentive Software.

“We are delighted with the result of our extensive global search and welcome Ravi as our new CEO,” said Hythem T. El-Nazer, co-managing partner with TA Associates, a private equity firm that acquired the Association & Events (A&E) and Nonprofit Solutions divisions of Community Brands in July 2024 creating a new platform now called Momentive Software.

“Ravi is an exceptional leader with deep product and technology expertise, a customer-centric mindset, and a proven ability to accelerate growth. Throughout his career, he has helped companies innovate faster, strengthen client relationships, and deliver meaningful impact across their industries,” said El-Nazer via a statement. “The board is excited for Ravi to lead Momentive through its next chapter as the company continues empowering mission-driven organizations through technology. We are grateful for Dustin’s leadership during this period and are excited about the impact he will have as Momentive’s chief AI officer.”

“Joining Momentive is an incredible opportunity to help mission-driven organizations deliver greater impact for those they serve,” Venkatesan said via a statement. “Momentive’s innovative product portfolio puts us in an excellent position to support our clients. I look forward to helping them grow their members, raise funds efficiently, and engage volunteers to create amazing outcomes. I thank Dustin Radtke for his leadership of the company and am excited about the AI transformation he will lead us through as chief AI officer.”

TA is a global private equity firm focused on scaling growth in companies. TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and business services since 1968, according to the firm. TA has raised $65 billion in capital and has more than 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong.