Benevity

Software for corporate social responsibility initiatives

Calgary, Alberta, Canada

About Benevity

Benevity provides software solutions that help businesses incorporate social impact and corporate responsibility into their operations. Their platform includes tools for employee and customer engagement, as well as community investment, allowing companies to create, manage, and measure their social initiatives. Benevity operates on a subscription-based model, offering features like a giving API and branded giving portals, which enable businesses to enhance their interactions with customers and encourage employee participation in social impact activities. Unlike many competitors, Benevity focuses specifically on the Environmental, Social, and Governance (ESG) sector, serving a wide range of clients from mid-market companies to large enterprises. The goal of Benevity is to help organizations attract and retain talent while making a positive contribution to society through purpose-driven initiatives.

Calgary, CanadaHeadquarters
2008Year Founded
$66MTotal Funding
BUYOUTCompany Stage
Enterprise Software, Social ImpactIndustries
501-1,000Employees

Benefits

Flexible Work Hours
Remote Work Options
Professional Development Budget
Hybrid Work Options

Risks

Leadership transition with new CEO may lead to strategic shifts or instability.
Layoffs in early 2023 could impact employee morale and company culture.
Increased competition in the social impact software market may affect market share.

Differentiation

Benevity offers an all-in-one software solution for corporate social responsibility initiatives.
The platform supports nearly 2 million nonprofits worldwide, enhancing its global reach.
Benevity's integration of Impact Genome sets a new standard for social impact reporting.

Upsides

Benevity's focus on digital security strengthens trust with clients and partners.
The rise in corporate volunteerism boosts demand for Benevity's engagement solutions.
Christopher Maloof's leadership may drive strategic acquisitions and potential IPO opportunities.

Funding

Total raised$66.02 M
Latest valuation$1.00 B
StageBUYOUT
BUYOUT
11/30/2020
$1.1 K
$1.00 B
$40
$200.00 M
SERIES A
6/30/2015
$28
$190.00 M