WeSpire, Inc.

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WeSpire, Inc. - overview

Established

2010

Location

Boston, MA, US

Primary Industry

Software

About

WeSpire, Inc. is a Boston-based company that specializes in corporate social responsibility solutions, focusing on employee engagement and philanthropy for corporations. WeSpire, Inc. was founded in 2010 and is based in Boston, Massachusetts, US.


It provides an integrated platform for managing workplace giving and employee volunteer initiatives. The company has raised a total of USD 13. 00 mn, with its latest funding round being a Series B worth USD 13. 00 mn, led by Level Equity on August 18, 2021.


The founder, Susan Stevens, has a history of entrepreneurial ventures, although specific details about other companies she founded are not available. WeSpire offers a comprehensive suite of corporate social responsibility (CSR) solutions designed to enhance employee engagement and streamline philanthropy efforts. Its core platform allows organizations to manage workplace giving, matching gift programs, and volunteer initiatives, along with analytical tools to measure social impact. Following its acquisition by Bonterra, WeSpire's offerings now include customizable engagement programs that focus on giving, volunteering, employee well-being, and diversity, equity, and inclusion (DEI), serving clients across North America, Europe, and Asia-Pacific.


WeSpire operates on a subscription-based revenue model, catering to corporate clients. Clients pay for access to its CSR platform and additional features based on tiered pricing plans that fit various organizational needs. The product suite facilitates B2B partnerships, enabling corporations to enhance their CSR initiatives through tools for managing donations, tracking volunteer efforts, and reporting impact. WeSpire, Inc.


plans to utilize the recent Series B funding of USD 13. 00 mn to expand its sales, marketing, and customer success teams, as well as drive product innovation. The company aims to introduce new products that focus on enhancing employee engagement and CSR efforts, although specific release dates have not been disclosed. Additionally, WeSpire intends to explore expansion into new markets, targeting regions that complement its existing operations, furthering its mission to support corporate partners in their CSR initiatives.


Current Investors

WindSail Capital Group, Converge Venture Partners, Launchpad Venture Group

Primary Industry

Software

Sub Industries

Social Networking & Communication Platform, Web Applications, HR & Workforce Software

Website

www.wespire.com

Verticals

Social Media

Company Stage

Series B

Total Amount Raised

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