About Benevity
Benevity is a company based in Calgary (Canada) founded in 2008 was acquired by Hg in December 2020. Benevity has raised $69.27 million across 4 funding rounds from investors including Hg, General Atlantic and CPP Investments. Benevity has completed 3 acquisitions, including Alaya Good, Chaordix and Versaic. Benevity offers products and services including Volunteering, Giving & Matching, Micro-actions, Grants, and Customer Donations. Benevity operates in a competitive market with competitors including Medallia, Culture Amp, ScribbleLive, Goodera and FrontStream, among others.
- Headquarter Calgary, Canada
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Sectors
TechnologyGovernment & Social Sector
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Benevity, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$69.27 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Hg
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
Alaya Good
& 2 more
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Acquired by
Hg
(Dec 03, 2020)
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Products & Services of Benevity
Benevity offers a comprehensive portfolio of products and services, including Volunteering, Giving & Matching, Micro-actions, Grants, and Customer Donations.
Platform for managing in-person and online volunteer opportunities.
System for fundraising and corporate donation matching programs.
Challenges promoting employee habits in well-being and inclusion.
Tool for streamlining grants and investment decisions.
API for integrating donations into customer interactions.
People of Benevity
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Funding Insights of Benevity
Benevity has successfully raised a total of $69.27M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(22 Jul 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series D - Benevity | Valuation | The Rise Fund , Generation Investment Management |
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| Oct, 2019 | Amount | Series C - Benevity | Valuation | General Atlantic , JMI Management |
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| Jan, 2018 | Amount | Series A - Benevity | Valuation | General Atlantic |
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Investors in Benevity
Benevity has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Hg, General Atlantic and CPP Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sector-agnostic VC investment company investing globally
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Founded Year | Domain | Location | |
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Private equity firm focused on sustainable investments
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Founded Year | Domain | Location | |
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Private equity fund focused on global markets
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Founded Year | Domain | Location |
Investments & Acquisitions by Benevity
Benevity has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Alaya Good, Chaordix and Versaic.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based platform for employee social engagement
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2017 | ||||
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Platform for running crowdsourced surveys
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2009 | ||||
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Online solutions for donation, grant, and sponsorship management are offered.
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2001 |
Financial Statements - Benevity
Benevity Comparisons
Competitors of Benevity
Benevity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Medallia, Culture Amp, ScribbleLive, Goodera and FrontStream, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Medallia is focused on customer and employee experience management.
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| domain | founded_year | HQ Location |
Employee experience management platform
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| domain | founded_year | HQ Location |
Employee engagement is supported through interactive assessments and polls.
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| domain | founded_year | HQ Location |
Provider of scalable corporate volunteering programs
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| domain | founded_year | HQ Location |
Integrated back-end merchant and donation solutions are provided multi-nationally.
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Frequently Asked Questions about Benevity
Benevity was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Benevity is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Benevity is a funded company, having raised a total of $69.27M across 4 funding rounds to date.
Benevity was founded in 2008 in Calgary, Canada, as a provider of software solutions in the corporate social responsibility sector. An enterprise platform is delivered to unify grantmaking, volunteering, employee giving, and employee resource group management. Operations are streamlined, risks and compliance are handled, and program impacts are measured through integrated tools. Real-time reporting and data analytics are offered to support organizational efforts in social initiatives.
Benevity's top competitors include Culture Amp, Goodera and Vantage Circle.
Benevity offers Volunteering, Giving & Matching, Micro-actions, Grants, and Customer Donations.
Benevity has made 3 acquisitions, including Alaya Good, Chaordix, and Versaic.
Benevity has 8 investors. Key investors include Hg, General Atlantic, CPP Investments, AIMCo, and The Rise Fund.