Hivebrite – a leading community and engagement platform – recently announced that it has raised a $37 million Series B funding round. This latest funding round highlights the growing demand for Hivebrite’s product and its leadership in the community-building industry. Hivebrite founder and CEO Jean Hamon launched the company in 2015.
Quadrille Capital led the funding round along with existing investor Insight Partners and angel investor Edward Filippi. This new funding round will drive Hivebrite’s continued platform innovation and expand its global team to further support its customers.
Through Hivebrite’s all-in-one community engagement platform, organizations across various industries can build private, fully-branded communities to achieve their strategic objectives. And the SaaS platform offers sophisticated features and modern APIs to strengthen community engagement.
This year, over 900 organizations in more than 50 countries trust Hivebrite to power their communities. And 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.
KEY QUOTES:
“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.”
— Jean Hamon, Hivebrite Founder and CEO
“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.”
— Peter Sobiloff, Managing Director at Insight Partners
“Hivebrite is a perfect example of the companies we seek out with Quadrille’s Growth Equity program. An ambitious team, building a leading product and looking to partner with global investors to address global opportunities. We are thrilled to support Hivebrite as they empower communities to thrive and maximize their social impact.”
— Brice Delome, Partner at Quadrille Capital
