# Neighbourly

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

- Industry: Software
- Headquarters: Bristol, UK
- Website: www.neighbourly.com
- Total disclosed funding: $6.3M
- Latest round: Series A (Mar 30, 2022)
- Investors on record: 1

## About

Based in the UK, Neighbourly Limited is a developer of a digital platform that connects businesses with local charities and community organizations, facilitating impactful social initiatives across communities.Neighbourly Limited, founded in 2014 in Bristol, UK, offers a community engagement platform that unites businesses with local good causes. The company has completed 6 deals, with the latest being a Series A funding round amounting to GBP 1.590 mn led by Guinness Global Investors on November 13, 2024. The current valuation of Neighbourly is GBP 31.436 mn. Steve Butterworth serves as the CEO.Neighbourly provides a comprehensive platform designed to connect businesses with local charities and community organizations, facilitating social good through various initiatives. The core offerings include surplus food and product redistribution, direct financial donations, and employee-driven volunteering programs. By leveraging their intuitive technology, businesses can effectively manage their volunteering and giving initiatives while charities gain access to a marketplace for free resources. The platform aims to address the resource gap many small charities face, particularly in utilizing digital skills and technology for operational improvements. Neighbourly serves a diverse client base across the UK and Ireland, engaging over 40,000 vetted good causes and enabling businesses to contribute meaningfully to local communities.Neighbourly generates revenue primarily through corporate partnerships and programmatic contributions from businesses seeking to engage in corporate social responsibility (CSR). The transaction structure typically involves businesses signing up to utilize the platform for employee volunteering, financial donations, and product surplus management. Through these partnerships, companies are able to measure and report their social impact while directly supporting local good causes. Neighbourly's platform offers a range of solutions tailored to the specific needs of businesses and charities, enhancing their community involvement without any charges for the good causes receiving support. The revenue model emphasizes collaborative efforts between businesses and non-profits, fostering a mutually beneficial relationship that drives impactful social change.On November 13, 2024, Neighbourly Limited raised venture debt financing from new investor Palatine. The company will utilize this financing to bolster its AI capabilities and scale its community engagement platform. Neighbourly is focused on expanding its market presence and enhancing its service offerings to better connect businesses and charities.

## Funding rounds

- Series A, Mar 30, 2022, $2.1M — Guinness Global Investors
- Series A, Mar 17, 2021, $4.3M — Guinness Global Investors

## Investors

- Guinness Global Investors (https://capitalatlas.ai/funds/guinness-global-investors) — Series A