# Practically Green

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/practically-green

- Industry: Internet
- Headquarters: Cambridge, US
- Website: www.practicallygreen.com
- Total disclosed funding: $4.8M
- Latest round: Series A (Jan 30, 2014)
- Investors on record: 4

## About

Practically Green is a dynamic company focused on enhancing sustainability and corporate social responsibility through innovative employee engagement solutions and philanthropic program management.Practically Green specializes in sustainability and corporate social responsibility solutions that facilitate employee engagement and philanthropic activities. The company was founded in Cambridge, US, and has undergone strategic developments over the years. Its CEO, Susan Stevens, has a history of leadership in the sector. In January 2014, Practically Green raised USD 3 million in a Series A funding round from investors including Clean Energy Venture Group, Converge Venture Partners, Launchpad Venture Group, and Pan Asia Solar, bringing the total amount raised to USD 3 million.Practically Green offers integrated solutions focused on enhancing Corporate Social Responsibility (CSR) by facilitating employee engagement, philanthropic activities, and nonprofit collaboration. The products are designed to automate processes for corporate clients, enabling effective management of giving programs, volunteer initiatives, and employee Resource Groups (ERGs). The solutions cater to mid-sized and large corporations, particularly in North America, Europe, and Asia, allowing clients to enhance their CSR initiatives, track impact, and foster an inclusive workplace culture.Practically Green generates revenue primarily through subscription-based models associated with its CSR software solutions. Companies partner with Practically Green to manage their philanthropic efforts and employee engagement activities. The service is offered on an annual subscription basis, which accommodates varying levels of support and functionality, fostering long-term partnerships. Transactions involve upfront setup costs followed by recurring fees based on the selected service level, aligning the financial structure with the commitment to delivering impactful CSR solutions.Practically Green aims to further develop its offerings with upcoming products designed to enhance engagement in sustainability and philanthropic efforts, with specific release dates to be announced. The company is also planning to expand its market reach into Europe and Asia by the end of 2015. The recent funding of USD 3 million from the Series A round will be utilized to support these initiatives, enabling Practically Green to enhance its product capabilities and expand its footprint in targeted regions.

## Funding rounds

- Series A, Jan 30, 2014, $3M — Converge Venture Partners, Launchpad Venture Group, Clean Energy Venture Group, Pan Asia Solar
- Seed, Apr 12, 2012, $1M — Converge Venture Partners, Clean Energy Venture Group, Pan Asia Solar
- Seed, Nov 4, 2010, $0.8M — Converge Venture Partners

## Investors

- Converge Venture Partners (https://capitalatlas.ai/funds/converge-venture-partners) — Seed, Series A
- Clean Energy Venture Group (https://capitalatlas.ai/funds/clean-energy-venture-group) — Seed, Series A
- Pan Asia Solar — Seed, Series A
- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Series A