Benevity Inc., a Calgary, Canada-based global supplier of workplace giving and volunteer management software solutions, completed a $38m CAD Series A funding round.
JMI Equity made the investment. As part of the transaction, JMI General Partner, Bob Nye will join Benevity’s Board of Directors.
The company intends to use the funds for product development.
Founded in 2008 and led by Bryan de Lottinville, CEO, Benevity provides a social platform for companies to build social responsibility and giving into their businesses to increase the social impact of their programs and to attract, retain and engage customers, employees and partners. Its employee giving and volunteering solution, Spark, is used by some of the most notable companies in the world, ranging in size from a few hundred to more than 250,000 employees.