Giving platform Benevity nets $38 mln in JMI-led Series A round

Calgary-based Benevity, a provider of workplace giving and volunteer management software solutions, has closed $38 million in Series A funding. The investor was JMI Equity, a U.S. growth equity firm. As part of the financing, Bob Nye, a general partner at JMI, has been appointed to the company's board of directors. Founded by CEO Bryan de Lottinville in 2008, Benevity has developed a platform that enables companies to engage their employees and customers around social responsibility and community investment. It said the partnership with JMI will help the company to advance the speed, scale and scope of product innovation and service excellence.

22 July 2015•3 mins read
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