Benevity Analysis: $78M Raised
What is Benevity?
Benevity is an enterprise impact platform that consolidates corporate social responsibility programs. Their unique approach integrates volunteering, donations, and grants into one seamless solution. This enables companies to drive meaningful change and demonstrate their impact effectively.
Location
#700, 611 Meredith Road NE, Calgary, Alberta T2E 2W5, Canada
Employees
501-1000
Founded
2008
Parent Company
Hg Capital
Address
611 Meredith Rd Ne, Calgary, AB T2E 2W5, Canada
Latest Funding Round Size
Private Equity Round
Public Company Status
Private
Recent Funding Round
Series C
Recent Venture Round Amount
$40,000,000
State of Headquarters
Alberta
Product Features & Capabilities
- Donation management for seamless employee giving
- Grants management for strategic community impact
- Volunteer management to enhance employee engagement
- Challenges to inspire positive workplace behavior
- Employee groups for fostering community and inclusion.
Use Cases
Streamline corporate giving processes for employees; Enhance employee engagement through volunteering opportunities; Manage and report on grantmaking activities; Foster a culture of belonging with employee resource groups; Measure and showcase social impact effectively.
How much Benevity raised
Series A - $38 million
July 22, 2015Lead Investor: JMI Equity
Series C - $40 million
October 22, 2019Lead Investor: JMI Equity, General Atlantic
Other Considerations
Serves nearly 1,000 impactful companies; Achieved a 98% client retention rate; Clients donated $18.5 billion worldwide.
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Financial Overview
$78MTotal Raised
Series A$38 million
July 22, 2015
Investors: JMI Equity
Series B
January 24, 2018
Investors: General Atlantic
Series C$40 million
October 22, 2019
Investors: JMI Equity, General Atlantic
Private Equity Round
December 3, 2020
Investors: Not listed
Private Equity Round
February 1, 2021
Investors: Generation Investment Management, The Rise Fund