Hivebrite Raises $37 Million for its Community Management Solution
Hivebrite, a leading community and engagement 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.
Founder and CEO Jean Hamon launched Hivebrite in 2015 to empower organizations to build impactful communities. Fast forward to 2023, over 900 organizations—including the Obama Foundation, Boeing, Roche, and the University of Notre Dame—in more than 50 countries trust Hivebrite to power their communities.
Earlier this year, the company opened a UK subsidiary and transferred its Sales Team from Paris to London to accommodate its rapid customer growth in the UK market. Hivebrite has a significant presence in the region, counting NHS Foundation, British Heart Association, British Pharmacological Society, and Imperial College London among its customers. The London office is Hivebrite’s third international office opening in less than five years, following its New York and Sydney office openings in 2018 and 2021.
Hivebrite CEO and Founder Jean Hamon says:
“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 customisation possibilities, smart connection making 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.”