About Bevy
Bevy is a company based in Palo Alto (United States) founded in 2017 by Alex Bendig. It operates as a SaaS (Software-as-a-Service). Bevy has raised $61.4 million across 3 funding rounds from investors including LinkedIn, Accel and Upfront Ventures. Bevy has completed 1 acquisition, including Eventtus. Bevy offers products and services including Unified Community Platform, Engagement Hub, and Gamification Agent. Bevy operates in a competitive market with competitors including RingCentral, Fuze, Webex, Weave and Mitel, among others.
- Headquarter Palo Alto, United States
- Founders Alex Bendig
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Sectors
Technology
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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 Bevy Labs, Inc.
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Products & Services of Bevy
Bevy offers a comprehensive portfolio of products and services, including Unified Community Platform, Engagement Hub, and Gamification Agent.
A platform for forums, events, and analytics is provided.
AI-powered interaction center for communities is offered.
Participation is turned into progress with gamification tools.
People of Bevy
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Funding Insights of Bevy
Bevy has successfully raised a total of $61.4M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in March 2021. 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 3
- Last Round Series C — $40.0M
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First Round
First Round
(19 Jun 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2021 | Amount | Series C - Bevy | Valuation | Accel | |
| May, 2020 | Amount | Series B - Bevy | Valuation | Accel | |
| Jun, 2018 | Amount | Series A - Bevy | Valuation | Upfront Ventures |
Investors in Bevy
Bevy has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LinkedIn, Accel and Upfront Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Accel is recognized as a leading venture capital firm.
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Venture capital funding is provided to early-stage companies.
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Early-stage tech startups in GCC, Egypt, and Turkey are funded.
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Investments & Acquisitions by Bevy
Bevy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Eventtus.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Planning and networking are facilitated for event organizers and attendees.
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Financial Statements - Bevy
Bevy Comparisons
Competitors of Bevy
Bevy 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 RingCentral, Fuze, Webex, Weave and Mitel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
Unified communication platforms are managed via cloud-based systems.
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Cloud-based employee communication platform is provided for internal collaboration.
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Frequently Asked Questions about Bevy
Bevy was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Bevy is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Bevy is a funded company, having raised a total of $61.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.4M, raised on Jun 19, 2018.
Bevy is established as a provider of a unified community engagement platform. Solutions are offered for forums, events, groups, and gamification, targeting enterprise community leaders. Integration with CRM systems like Salesforce and HubSpot is supported, alongside AI-driven agents for enhanced interaction. Real-time analytics and ROI tracking are provided to connect community activities to business impact. The platform is utilized by top brands to foster vibrant, user-led communities across various sectors.
Bevy's top competitors include Webex, Bandwidth and RingCentral.
Bevy offers Unified Community Platform, Engagement Hub, and Gamification Agent.
Bevy has made 1 acquisition, including Eventtus.
Bevy has 8 investors. Key investors include LinkedIn, Accel, Upfront Ventures, Ryan Smith, and Steve Blank.