Benevity

SoftwareSeries CCalgary, Canadabenevity.com

Latest round

Series C

Last raised

Oct 2019

Total raised

$69M

Investors

2

About Benevity

Founded in 2008 by Bryan de Lottinville, Ryan Courtnage and Jason Becker and based in Calgary, Canada, Benevity Inc. operates as a social software enterprise that provides corporate social responsibility (CSR) and employee engagement software. In December 2020, Benevity, Inc. The company’s CEO is Kelly Schmitt and has offices in Victoria, Toronto, San Mateo, and Gloucestershire. The company develops workplace giving and volunteer management software solutions. Benevity, Inc. provides a workplace giving platform that includes custom cause portfolios and disaster response, dynamic news and blog content, matching incentives, centralized donation management, and consumer engagement solutions. The company's software allows users to create giving programs, track and promote events, search resources such as locations, funds, and interests, and connect with the community. The company’s client base includes Nike, Coca-Cola, Google, and Apple.'s products also allow companies to manage and track their employees' charitable giving, promote charitable giving and volunteering and reduce the costs of processing donations themselves. As of 2019, the company has more than 600 clients with a client retention rate of 99%. The company’s revenue is USD 100 million and it signed with 50 new enterprises as its clients in the first half of 2019. In 2016, Benevity, Inc. had 5,800% revenue growth and, 5,411% revenue growth for the previous year. In 2020, the company’s platform with its 19 million employees had driven more than 34 million hours in volunteering time and talent, 275,000 positive actions, over one million grants and more than USD 6 billion in donations. The company's future strategy includes enhancing products and expanding clients and cause support services.

Who invested in Benevity

2 investors across 3 rounds

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Funding rounds

  1. Series C

    Oct 23, 2019

    Amount

    $40M

    Investors

    Locked

  2. Series B

    Jan 11, 2018

    Amount

    Undisclosed

    Investors

    Locked

  3. Series A

    Jul 22, 2015

    Amount

    $29M

    Investors

    Locked

Questions about Benevity

Who invested in Benevity?

Benevity has 2 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Benevity raised?

Benevity has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Benevity last raise money?

Benevity's most recent round on record is a Series C, in Oct 2019.

What does Benevity do?

Founded in 2008 by Bryan de Lottinville, Ryan Courtnage and Jason Becker and based in Calgary, Canada, Benevity Inc.

Where is Benevity headquartered?

Benevity is headquartered in Calgary, Canada.

Which VCs invest in companies like Benevity?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Benevity's stage. Their profiles are linked below.

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