# Goodeed

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/goodeed

- Industry: Internet
- Headquarters: Paris, France
- Website: www.goodeed.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Mar 1, 2015)
- Investors on record: 1

## About

Goodeed SAS is a pioneering company that merges advertising with social responsibility, allowing brands to finance ecological and social initiatives through their media budgets.Founded in 2014 in Paris, France, Goodeed SAS offers a unique advertising platform that supports social and environmental projects. The company completed its most recent funding round in March 2018, raising USD 0.50 mn in a Seed round from Bleu Capital, bringing the total amount raised to USD 0.50 mn. Goodeed has been involved in 3 deals to date.Goodeed operates a distinctive advertising model that integrates social responsibility into its offerings. Its platform allows brands to finance social and environmental projects by reallocating media budgets. Advertisements run through Goodeed generate financial support for various associations engaged in ecological and social initiatives, benefiting both the brands and the partner associations. The platform primarily serves clients in France, with plans to expand into other European markets.In the most recent fiscal year 2023, Goodeed generated revenue of USD 1,869,042.50, while reporting an EBITDA of USD -1,679,010.70. Its revenue model is based on redirecting a percentage of advertising budgets to support non-profit associations, where 60% of the advertising investments are dedicated to funding partner projects, thus encouraging long-term collaborations with over 300 advertisers.Goodeed aims to enhance its platform by introducing new products designed to further engage brands in social initiatives by Q4 2024. The company is also planning to expand its operations into additional European markets, building on its success in France. The recent funding round will support these initiatives and enhance their platform capabilities to attract more brands to their cause marketing model.

## Funding rounds

- Seed, Mar 1, 2015, $0.5M — Bleu Capital

## Investors

- Bleu Capital (https://capitalatlas.ai/funds/bleu-capital) — Seed