What is Deed?
Deed operates as a comprehensive workplace giving and volunteering platform, empowering millions of employees to contribute their time, money, and skills to causes they are passionate about. The company's enterprise social impact software is designed to enhance employee engagement and offers a suite of solutions encompassing Employee Engagement, ESG, Social Impact CSR, Workplace Philanthropy, and DEIB initiatives. Key product offerings include Employee Giving, Employee Volunteering, Grants, and Communities, all focused on facilitating impact across diverse settings and demographics. Deed's mission is to foster a community dedicated to addressing critical global challenges through innovative technology and user-friendly experiences.
How much funding has Deed raised?
Deed has raised a total of $2.1M across 2 funding rounds:
Angel/Seed
$2M
Debt
$109K
Angel/Seed (2020): $2M with participation from Paua Ventures and Farzad Khostowshahi
Debt (2021): $109K led by PPP
What's next for Deed?
The recent major strategic investment into Deed signals a pivotal phase for the company, likely aimed at accelerating its market expansion and enhancing its technological capabilities. With a strong foundation in enterprise social impact software, Deed is well-positioned to capitalize on the growing demand for ESG and CSR solutions. Future developments may include further integration of AI for personalized impact recommendations, expansion into new international markets, and strategic partnerships to broaden its reach and deepen its influence in corporate philanthropy and employee engagement.
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