About Benevity
Benevity is a Technology company based in Calgary (Canada) founded in 2008, and was acquired by Hg in December 2020. Enterprise impact platform for CSR programs is provided. It operates in the Technology and Government & Social Sector sectors. Benevity has raised $69.27 million across 4 funding rounds from investors including Hg, General Atlantic and CPP Investments. The company has 723 employees. Benevity has completed 3 acquisitions, including Alaya Good, Chaordix and Versaic. Benevity was last valued at $1 billion in December 2020. Its website benevity.com draws about 145 thousand monthly visits. Benevity offers products and services including Volunteering, Giving & Matching, Micro-actions, Grants, and Customer Donations. Its focus areas include Enterprise Applications, HRTech, Employee Engagement and Employee Giving. Its legal entity is BENEVITY, INC.
Company details
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.
- Total Equity Funding$69.27M (USD)
in 4 rounds
- InvestorsHg
& 8 more
- Employee Count723
- Investments & AcquisitionsAlaya Good
& 2 more
- Acquired byHg
(Dec 2020)
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.
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 $69.27M
- Total Rounds 4
- First Round $29.27M
(Jul 2015)
- Investors Count 9
All 4 funding rounds of Benevity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | Series D | – | The Rise Fund, Generation Investment Management | – | |
| Oct 2019 | $40M | Series C | – | General Atlantic, JMI Management | – |
| Jan 2018 | Series A | – | General Atlantic | – | |
| Jul 2015 | $29.27M | Series A | – | JMI Management | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Benevity
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $1B (Dec 2020). 9 investors in total: 9 institutional.
Investors in Benevity
Benevity has secured backing from 9 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 |
|---|---|---|---|---|
Sector-agnostic VC investment company investing globally | therisefund.com | San Francisco, United States | ||
Private equity firm focused on sustainable investments | generationim.com | London, United Kingdom | ||
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Private equity firm investing in software companies | jmi.com | Baltimore, United States | ||
Private equity investments in Europe are managed by Hg. | 1990 | hgcapital.com | London, United Kingdom | |
| jmiequity.com | ||||
Administers pension plans and manages investments for public sector funds. | 2016 | vestcor.org | Fredericton, Canada | |
Pension fund assets are managed for sustainable long-term growth. | 1997 | cppinvestments.com | Toronto, Canada | |
Diversified investment management services are offered to institutional clients. | 2008 | aimco.ca | Edmonton, Canada |
Investor details for Benevity
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Benevity
315 people are tracked at Benevity (35 in leadership, 1 in board & advisors, 279 in team); the tracked headcount is 723.
| Name | Role | Group |
|---|---|---|
Jim Speredelozzi | Chief Sales Officer (CSO) | Leadership |
Palak Handa | Associate Vice President, Finance | Leadership |
Janeen Speer | Chief People Officer | Leadership |
Shantanu Purwar | Director Of Engineering | Leadership |
Lance Ludman | CFO | Leadership |
Brenna M. | Director, Financial Planning & Analysis | Leadership |
Heather Eeles | Vice President, Client Support | Leadership |
Jaybe Allanson | Director, Product Design | Leadership |
Chris Lewis | Director, Regional Sales | Leadership |
Jasvir Nijjar | Regional Vice President Of Sales | Leadership |
Sam Swain | Director Expansion Sales | Leadership |
Amy Woodward | Director, Demand Generation | Leadership |
Ella Levy | Director, Regional Sales | Leadership |
Olivia Dam | Director Of Revenue Operations | Leadership |
Shawn Basak | VP Sales, Expansion | Leadership |
Julie Werner Caldwell | Chief Client Officer | Leadership |
André Abreu | President, Benevity International | Leadership |
Edmond Palao | Director, Client Success Management | Leadership |
Vincent Chau | Director Of Operations | Leadership |
Ashley Tedham | Director, Global Operations & Foundation Partnerships | Leadership |
295 more people are available in the full profile.
Complete people profiles for Benevity
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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 | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based platform for employee social engagement | alayagood.com | Lausanne, Switzerland | 2017 | Dec 2021 | •••• | |
Platform for running crowdsourced surveys | chaordix.com | Calgary, Canada | 2009 | Jun 2021 | •••• | |
Online solutions for donation, grant, and sponsorship management are offered. | versaic.com | San Mateo, United States | 2001 | Mar 2018 | •••• |
Complete acquisition details for Benevity
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Timeline of Benevity
8 dated milestones of Benevity across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Benevity is founded.
- Funding First funding round of $29.3M.
- Acquisition Acquires Versaic.
- Milestone Reaches Unicorn status.
- Exit Acquired by Hg.
- Funding Latest funding round, Series D,.
- Acquisition Acquires Chaordix.
- Acquisition Acquires Alaya Good.
Web traffic of Benevity
The website of Benevity (benevity.com) receives about 144.9K visits a month and ranks #311,869 among all websites worldwide, #4,872 in Philanthropy.
- Monthly visits144.9K
▲ 2.8% vs previous month
- Unique visitors71.3K
per month
- Global rank#311,869
among all websites
- Category rank#4,872
Community and Society · Philanthropy
- Bounce rate52%
- Pages per visit1.8
- Average visit47 sec
- DevicesDesktop 61% · Mobile 39%
Websites whose visitors overlap most with Benevity. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| doublethedonation.com | 100% | 217K | #174,876 | View details | |
philanthropy.iupui.edu | philanthropy.iupui.edu | 95% | – | ||
| truist.com | 94% | 19.5M | #1,908 | View details | |
| cybergrants.com | 91% | 245.6K | #124,163 | View details | |
| goodgrants.com | 90% | #585,946 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Benevity
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Related news about Benevity
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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. The company's 1st funding round was a Series A of $29.27M, raised on Jul 2015.
Benevity has 723 employees.
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 offers Volunteering, Giving & Matching, Micro-actions, Grants, and Customer Donations.
Benevity has made 3 acquisitions, including Alaya Good, Chaordix, and Versaic.
Benevity has 9 investors. Key investors include Hg, General Atlantic, CPP Investments, AIMCo, and The Rise Fund.
The valuation of Benevity is $1B as of Dec 2020.
Benevity operates through Benevity, Inc..
Yes. Benevity was acquired by Hg in December 2020.
The website of Benevity receives about 145 thousand visits a month and ranks #311,869 among all websites worldwide.