Benevity

Benevity is a leading provider of corporate purpose software designed to enhance social impact and business performance. The company offers an all-in-one platform that facilitates employee engagement, community investment, and customer engagement through various features such as global employee volunteering, giving, micro-actions, and affinity groups. Benevity's solutions enable companies to retain top talent, foster inclusive cultures, and streamline grants management for maximum community impact. Additionally, the platform supports customer engagement by integrating purpose into interactions via a powerful giving API or branded portals. As a certified B Corporation, Benevity is committed to making "Goodness" accessible by providing trusted vetting and funds disbursement services to nonprofits worldwide. The company serves over 2 million nonprofits, helping them access support more efficiently while empowering businesses to respond to social crises and advance diversity, equity, and inclusion strategies with ease.

Benevity was founded with the mission to create cultural impact at scale by enabling companies to engage their employees and customers in social impact initiatives. It became one of the first certified B Corporations in Canada, highlighting its commitment to corporate social responsibility. The company experienced rapid growth, being ranked as one of Canada's fastest-growing startups by Deloitte in 2016 and 2017.

In October 2019, Benevity raised $40 million in Series C funding from investors JMI Equity and General Atlantic, valuing the company at nearly $400 million. In December 2020, it achieved unicorn status when Hg Capital acquired a majority stake for $1.1 billion.