Bonterra, a technology company focused on solutions for social good organizations, announced it has acquired Deed, a workplace giving and volunteering platform designed to improve employee engagement in corporate philanthropy. The acquisition aims to combine Deed’s modern employee engagement technology with Bonterra’s enterprise-grade grantmaking capabilities to create a unified platform for corporate giving, volunteering, and impact management.
The combined platform is intended to provide organizations with a connected view of their philanthropic activities while increasing employee participation in giving and volunteer programs. By integrating Deed’s engagement tools with Bonterra’s grantmaking infrastructure, companies will be able to manage charitable initiatives across multiple channels while measuring impact through a single system.
Bonterra has more than 25 years of experience in corporate grantmaking and currently powers programs for half of the Fortune 100 companies and nine of the ten largest U.S. financial institutions. Its systems provide governance, compliance, and reporting tools required for large-scale philanthropic programs.
Deed brings a digital-first employee engagement platform designed to simplify participation in charitable activities. Its technology connects employees with millions of vetted nonprofits worldwide and includes AI-driven tools to automate administrative tasks and improve participation in corporate impact initiatives.
The integrated offering will focus on simplifying employee participation in philanthropy, embedding social impact initiatives into corporate culture, improving operational efficiency through AI-enabled automation, and providing board-level visibility into giving and volunteer programs.
According to the companies, the acquisition will help address growing employee expectations that employers enable and support meaningful social impact initiatives. The combined platform aims to make it easier for employees to participate in philanthropic activities while enabling organizations to track engagement and outcomes more effectively.
The acquisition also strengthens the Bonterra Network, which connects more than 180,000 verified nonprofits and 25 million supporter profiles. Through shared data and intelligence across this ecosystem, Bonterra says the network helps corporations, employees, and nonprofits collaborate more effectively to drive social impact.
Bonterra said its broader mission is to increase charitable giving to 3% of U.S. GDP by 2033, which it estimates could generate an additional $573 billion in global impact each year.
KEY QUOTES:
“Employees do not want another clunky portal. They want to do good in seconds. Deed has built the best employee experiences in the market, and they are moving fast on AI in ways the category has struggled to deliver. Together, we will raise expectations for what corporate philanthropy software should feel like.”
Scott Brighton, CEO Of Bonterra
“Deed was built on a simple belief: user experience should never stand between people and doing good. We’ve seen firsthand how a modern, globally accessible platform can unlock participation at scale. As we join the Bonterra ecosystem, we will bring together Deed’s engagement layer with enterprise-grade grantmaking, powered by the most robust impact network — raising the standard for corporate philanthropy worldwide.”
Deevee Kashi, CEO Of Deed
