Wenabi

Wenabi is a platform dedicated to connecting businesses and non-profit organizations, enhancing social engagement and philanthropic initiatives through innovative corporate social responsibility (CSR) solutions. Wenabi, founded in 2016 in Paris, France, operates a platform that facilitates social engagement for businesses and non-profits. The company has completed three deals and recently raised EUR 1. 06 mn in a funding round led by SIDE Capital, bringing its total amount raised to EUR 1.

06 mn and current valuation to EUR 6. 31 mn. The founders, Aristide Flandrin and Thomas Soucaille, have set a foundation for the company's growth trajectory, with Emmanuel Bentejac serving as the CEO. Komeet, formerly known as Wenabi, provides a platform that connects businesses and non-profit organizations to facilitate social engagement and philanthropic initiatives.

The platform supports various forms of corporate social responsibility (CSR) activities, including time donations, financial contributions, project calls, and skill-based volunteering. Komeet enables businesses to mobilize their employees effectively in support of diverse social causes, serving over 2,000 non-profits and more than 150 engaged companies in 69 countries and 36 languages. Komeet generates revenue through partnerships with businesses that utilize its platform for CSR initiatives, primarily through a subscription or partnership model. Companies pay for access to the platform and its features, allowing them to manage their charitable programs effectively.

The business model ensures a seamless experience for both businesses and non-profits, driving employee engagement and contributions to various philanthropic projects. Wenabi aims to enhance its platform with new features that will be designed and launched in the near future. Additionally, there are plans to expand into new markets with a focus on European regions by the end of 2024. The recent funding of EUR 1.

06 mn will support these initiatives, including the development of new products and market entry strategies. Furthermore, Wenabi has secured additional venture funding from new investor Enowe, signaling a commitment to growth and innovation.