Paris-based startup Hivebrite secures $37m to expand global community engagement platform
Hivebrite, a community management platform, has raised a $37 million Series B funding round. This latest funding highlights the growing demand for Hivebrite’s product and its leadership in the community-building industry. Quadrille Capital led the round, alongside existing investor Insight Partners, and angel investor Edward Filippi. The new capital will fuel Hivebrite's continued platform innovation and expand its global team to further support its customers.
Jean Hamon, Founder and CEO, Hivebrite: ''At Hivebrite, we believe in the transformative power of online communities to drive growth, accelerate change, and generate operational efficiencies. This funding reflects our continued momentum, rapid customer base growth, and the success customers experience using our platform. Our new capital will help us further strengthen our platform, especially in relation to deeper customization possibilities, smart connections between community members, and user experience. We will also expand our global team to bring even more innovation and business value to our customers worldwide.''
Convinced of the transformative power of online communities to share knowledge and opportunities, unite around a cause, or build a deeper relationship with stakeholders, Founder and CEO Jean Hamon launched Hivebrite in 2015. With Hivebrite’s all-in-one community engagement platform, organizations across industries can build private, fully-branded communities to achieve their strategic objectives. The SaaS platform offers world-class features and modern APIs to strengthen community engagement.
Fast forward to 2023, over 900 organizations in more than 50 countries trust Hivebrite to power their communities. Hivebrite clients include Boeing, Roche, the Obama Foundation, the National Academy of Sciences, the Aspen Institute, the University of Notre Dame, the U.S. Naval Academy, and U.C. Davis.
Peter Sobiloff, Managing Director, Insight Partners: ''Hivebrite’s remarkable growth and impact has enabled deeper customization and automation in community management while further enhancing user experience. The impact Hivebrite has had on global organizations is a testament to the company’s vision and the dedicated team around it. We look forward to our continued partnership with Hivebrite as they grow and scale up.''
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