Involvesoft raises $2.5 million in another round of funding
$2.5 million dollars have been raised by InvolveSoft, the community engagement software vendor for funding in a round led by Bonfire Ventures. This round included investors such as Bertelsmann, Launch Capital, CrowdSmart, Noname ventures and Greycroft. Previously, the company has raised funds from Mucker capitals and others.
The funds will be used for building a SaaS application technology, grow its already-unmatched volume of volunteer event content and expand its sales channels by the the Santa Monica-based company.
“The way we hire and retain our employees has seen a drastic shift by the way millennials are driving it today. From finding brilliant tools for engaging the employees to making contributing to the community as our first priority. We are excited to support the evolution of business values while doing good across thousands of causes and communities.” Said Gaurav Bhattacharya, InvolveSoft CEO and Co-Founder to a media reporter.
InvolveSoft is a SaaS solution that rationalizes engagement of employees by launching programs like Leadership and training, volunteering, performing team activities and by even providing diversity and inclusion.
In the early 2017, the company for the purpose of accelerating success launched its corporate volunteer platform. This platform included a database of volunteering events for the comfort of finding the right event at skills, geography and cause.
Group and team-leader creation along with the ability to track paid time off and similar metrics and social are some of the solutions included in Involvesoft.
