# Go Deed

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/go-deed

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.joindeed.com
- Total disclosed funding: $12M
- Latest round: Series A (Dec 9, 2021)
- Investors on record: 6

## About

Go Deed Inc. is a social impact platform that enhances corporate giving, volunteering, and employee engagement through streamlined processes and user-friendly tools. It enables organizations to track their social contributions effectively.Go Deed Inc., founded in 2016, operates as a distinctive impact platform based in Brooklyn, US. The company was co-founded by Aske Ertmann, Deevee Kashi, Kaarle Hurtig, Milad Arab, and Steven Liu. In December 2021, the firm raised USD 10 mn in Series A funding led by Earlybird Venture Capital, with participation from investors such as PruVen Capital, SquareOne, WndrCo, and Y Combinator. This funding brought the total amount raised to USD 10 mn, with a current company valuation of USD 40.51 mn. The company has executed 2 deals as part of its growth strategy.Deed offers a comprehensive impact platform designed to simplify the processes of giving, volunteering, and employee engagement for corporations and their teams. The platform provides features such as donation management, volunteer opportunity libraries, corporate grants, and recognition programs through badges and certificates. Its intuitive user interface allows employees to engage easily with their chosen causes, thereby enhancing participation rates in corporate social responsibility initiatives. Deed's services are utilized by businesses looking to consolidate their social impact efforts, enabling them to track contributions, volunteer hours, and overall program outcomes through real-time dashboards. The company serves a diverse client base, including nonprofits and corporations, by facilitating engagement on a global scale, with operations in 170+ countries and support for 37 local currencies and multiple languages.Deed generates revenue through a subscription-based model, where companies partner with the platform to access its suite of services aimed at enhancing employee engagement and social impact initiatives. Clients pay for access to Deed's tools, which facilitate donations, volunteer management, and data-driven insights into their impact. The platform allows for seamless integration with existing corporate systems, providing a tailored experience that meets the unique needs of each organization. Revenue is primarily derived from these subscription partnerships, which allow businesses to implement and manage their social responsibility programs efficiently.In December 2021, Go Deed Inc. raised USD 10 mn in Series A funding aimed at enhancing its platform capabilities. Future growth plans include the development of new features and products designed to further engage employees in corporate social responsibility efforts. The company also intends to expand its operations into new geographic markets, although specific regions have yet to be disclosed. The funding will be utilized to support these strategic initiatives, ensuring that Go Deed continues to meet the evolving needs of its clients and strengthen its position in the market.

## Funding rounds

- Series A, Dec 9, 2021, $10M — Earlybird, Y Combinator, SquareOne, WndrCo, PruVen Capital
- Seed, Dec 17, 2020, $2M — SquareOne, TYLT Ventures

## Investors

- SquareOne (https://capitalatlas.ai/funds/squareone) — Seed, Series A
- TYLT Ventures (https://capitalatlas.ai/funds/tylt-ventures) — Seed
- Earlybird (https://capitalatlas.ai/funds/earlybird) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Series A
- PruVen Capital (https://capitalatlas.ai/funds/pruven-capital) — Series A