Benevity Analysis: $78M Raised
What is Benevity?
Benevity provides an Enterprise Impact Platform that integrates corporate giving, volunteering, and grant management to enhance social impact and community engagement for companies.
Employees
650
Founded
2008
Industry
B2b Saas
Parent Company
Hg Capital
Latest Funding Round
Series C
Latest Funding Round Size
Private Equity Round
Public Company Status
Private
Recent Venture Round Amount
$40,000,000
Use Clay
No
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.
Sales Tech Stack
Benevity utilizes a sales technology stack that includes "Marketo" for marketing automation, "AdRoll" for digital advertising, "Mixpanel" for product analytics, and "HubSpot Content Hub" for content management. These tools help enhance their sales operations and marketing efforts.
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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