Bevy Raises $15M in Series B Funding

Bevy, a Palo Alto, CA-based enterprise grade Customer-to-Customer (C2C) platform, raised $15m in Series B funding.

The round was led by Accel with participation from existing investors Ryan Smith (co-founder and CEO, Qualtrics), and Upfront Ventures.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Derek Andersen, co-founder and CEO, Bevy provides a SaaS platform for brands looking to build, grow and scale their own Customer-to-Customer (C2C) marketing, Today, it powers global Community initiatives for B2B, B2C, Education, and other business categories for teams who want to build a global Community of Customer Advocates. It has been used by companies like Asana, Atlassian, Duolingo, Salesforce and Slack.

In 2019, the company acquired CMX, a large professional organization which offers training, education and networking opportunities for organizations and individuals to harness the power of community.

FinSMEs

19/05/2020

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