Hivebrite, a Paris, France- and New York-based community management and engagement platform, closed a $20m Series A funding round.
The round was led by Insight Partners with participation from prior lead investor Edward Filippi.
The company intends to use the funds to accelerate growth, strengthen operations in the US and Europe, and continue investing in its product for community managers and their members.
Led by Jean Hamon, CEO, Hivebrite is a provider of a SaaS based branded community management platforms, enabling institutions of all sizes to grow and engage their private communities via a set of features to enable community managers to create branded portals, manage memberships, create and promote events, share employment and mentoring opportunities, collect donations, communicate with members and run analytics on user engagement. The platform also strengthens connections between members through its directory, groups and interactive features such as trips, check-ins, user events, messaging and forums.
Today, the company serves hundreds of private communities in over 40 countries across a wide set of industry segments, including non-profits, professional networks, startups and investors, corporate alumni, public organizations and more.
Over the past year alone, Hivebrite has processed over $3 million in payments and delivered more than 30 million emails for its customers, with over 100,000 people attending events organized through the platform.
Users include the University of Notre Dame, TED, The New York Stock Exchange, and The Fulbright Program.