Benevity

Benevity

Software for corporate social responsibility initiatives

About

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 engage stakeholders and support nearly 2 million nonprofits globally. What sets Benevity apart from competitors is its focus on integrating purpose into business practices, helping companies attract and retain talent while making a positive societal impact. The goal of Benevity is to empower organizations to enhance their social responsibility efforts and foster meaningful connections with their communities.

Company Stage

Acquired

Employees

501-1,000

Industries

Enterprise Software, Social Impact

Total Funding

$66M

Headquarters

Calgary, Canada

Founded

2008


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Simplify's Take

What believers are saying

  • Benevity's appointment of a new CEO suggests a focus on growth and strategic acquisitions.
  • The launch of Benevity Impact Reports provides detailed insights into corporate social initiatives.
  • A surge in corporate volunteerism highlights increased engagement in hybrid work environments.

What critics are saying

  • Leadership changes may lead to strategic shifts disrupting operations and client relationships.
  • Layoffs in 2023 could impact employee morale and service quality.
  • Increased competition from emerging platforms may erode Benevity's market share.

What makes Benevity unique

  • 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 SaaS model includes a powerful giving API and branded giving portals.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

4%

2 year growth

-12%

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