Benevity, Inc. - Market Research Report

Company Overview

Name, Mission of the Company

Name: Benevity, Inc.
Mission: Benevity aims to build a more connected culture, create a stronger community, and establish a brand that people trust through innovative corporate purpose software that powers purpose, engages employees, customers, and the community.

Founding Information

Founded By: Bryan de Lottinville is the founder of Benevity, who has a background in law and corporate social responsibility.
Founded In: No specific founding date is provided.

Key People in the Company

1. Christopher Maloof: Chief Executive Officer
2. Bryan de Lottinville: Founder and Chief Enthusiast
3. Lance Ludman: Chief Financial Officer
4. Sona Khosla: Chief Impact Officer
5. Jane Moran: Chief Technology Officer
6. Ricardo Moreno: Chief Revenue Officer
7. Julie Werner Caldwell: Chief Client Officer
8. Candace Worley: Chief Product Officer
9. Janeen Speer: Chief People Officer

Headquarters

Headquartered: Calgary, Canada
Other Locations: Barcelona, Spain; Geneva, Switzerland.

Number of Employees

Total Employees: Over 1,000 employees (exact number not specified)

Revenue

Revenue of the Company: No specific revenue data is provided.

Notable Recognition

What is the Company Known For? Benevity is renowned for its role as a leader in social impact and corporate purpose software, facilitating global philanthropy through its various platforms and solutions.

Products

Product Overview

Benevity offers a comprehensive suite of products and solutions designed to amplify corporate purpose, drive social impact, and deepen employee and customer engagement.

Products & Solutions:

1. Volunteering

Description: Facilitates in-person, online, and skills-based volunteer opportunities.

Key Features:

Time-tracking

Event sign-ups

Calendar reminders

Personalized volunteer dashboards

2. Giving & Matching

Description: Enhances employee donations and corporate matching programs.

Key Features:

Payroll giving

Automated corporate matching

Detailed reporting

3. Micro-Actions

Description: Motivates employees to take small positive actions for sustainability, well-being, and inclusion.

Key Features:

Pre-loaded challenge catalogs

Personalized scorecards

Gamification elements

4. Affinity Groups

Description: Empowers Employee Resource Groups to connect, take action, and drive inclusivity.

Key Features:

Central social community

Event organization tools

Membership and participation reporting

5. Grants

Description: Simplifies company grants management and maximizes social impact.

Key Features:

Custom eligibility screening

Automated workflows

Comprehensive reporting tools

6. Customer Donations

Description: Engages customers in giving via branded portals and APIs.

Key Features:

API integration with e-commerce or loyalty programs

Public giving portals

Charitable gift cards

Recent Developments

Recent Appointments

1. Christopher Maloof Appointed as CEO (Effective September 3, 2024)

Background: Former President and Chief Product Officer at MeridianLink, pivotal in product development and business strategy.

Objective: To lead Benevity's enterprise impact platform and drive further innovation.

New Products & Features

Benevity Impact Reports

Details: Launched to set new standards for social impact reporting, enabling more in-depth data and insight capabilities.

Partnerships and Strategic Initiatives

1. Partnership with Sage Foundation

Objective: Sharing insights and strategies for grantmaking to create lasting social impact.

Summary

Benevity, Inc. stands as a beacon in the corporate responsibility and social impact landscape, offering cutting-edge solutions that integrate various aspects of community investment, employee engagement, and customer integration. With an emphasis on comprehensive security, extensive global reach, and a strong commitment to purpose-driven growth, Benevity continues to enhance its capabilities under the new leadership, positioning itself for sustained impact and expansion in the fast-evolving CSR space.