About WeSpire
WeSpire is a company based in Boston (United States) founded in 2010 was acquired by Bonterra in June 2023.. WeSpire has raised $23.72 million across 12 funding rounds from investors including MassCEC, Bonterra and Level Equity. WeSpire offers products and services including Corporate Social Responsibility Software, Fundraising and Engagement, and Case Management. WeSpire operates in a competitive market with competitors including Magellan Health, Thrive Global, Culture Amp, LifeSpeak and Kit, among others.
- Headquarter Boston, United States
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Sectors
TechnologyHealthcare
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Phone
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Website
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Social
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- Legal Name Wespire, Inc.
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Products & Services of WeSpire
WeSpire offers a comprehensive portfolio of products and services, including Corporate Social Responsibility Software, Fundraising and Engagement, and Case Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for managing employee giving and social impact programs.
Platform for nonprofit fundraising and supporter engagement activities.
Tools for tracking grants and community impact initiatives.
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Funding Insights of WeSpire
WeSpire has successfully raised a total of $23.72M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $13 million completed in August 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 12
- Last Round Series B — $13.0M
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First Round
First Round
(04 Nov 2010)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Series B - WeSpire | Valuation | Level Equity |
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| Oct, 2020 | Amount | Series A - WeSpire | Valuation | MassCEC |
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| Oct, 2020 | Amount | Series A - WeSpire | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in WeSpire
WeSpire has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include MassCEC, Bonterra and Level Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Middle-market growth capital investments are targeted by Level Equity.
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Accelerator & incubator focused on clean energy firms
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WeSpire
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WeSpire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wespire Comparisons
Competitors of WeSpire
WeSpire 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 Magellan Health, Thrive Global, Culture Amp, LifeSpeak and Kit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Behavioral healthcare management and pharmacy services are provided for employees.
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Mental wellbeing coaching platform is provided for enterprises.
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Employee experience management platform
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Cloud-based platform for employee wellness
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Products are recommended and reviewed within category-specific communities.
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| domain | founded_year | HQ Location |
Provider of a digital platform for weight loss management and behavior change
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wespire
Frequently Asked Questions about WeSpire
When was WeSpire founded?
WeSpire was founded in 2010.
Where is WeSpire located?
WeSpire is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is WeSpire a funded company?
WeSpire is a funded company, having raised a total of $23.72M across 12 funding rounds to date. The company's 1st funding round was a Series A of $419.44K, raised on Nov 04, 2010.
What does WeSpire do?
Founded in 2010 and based in Boston, United States, WeSpire operates in the software-as-a-service sector. An employee engagement platform is offered, featuring a library of programs designed to build awareness and promote behavior change. These initiatives are aligned with organizational goals in sustainability and responsibility, enabling selection of projects to drive measurable results in corporate operations.
Who are the top competitors of WeSpire?
WeSpire's top competitors include Thrive Global, Magellan Health and Culture Amp.
What products or services does WeSpire offer?
WeSpire offers Corporate Social Responsibility Software, Fundraising and Engagement, and Case Management.
Who are WeSpire's investors?
WeSpire has 10 investors. Key investors include MassCEC, Bonterra, Level Equity, Windsail Capital Group, and Enernoc.
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