Optimy secures series A funding
Optimy aims to further develop its solution for the corporate social responsibility market
Brussels, Belgium – Optimy, a Belgian-based technology company that has been changing the corporate social responsibility (CSR) industry, has recently raised a series A funding. The investment will help Optimy achieve its mission of providing a customer-centric software to efficiently manage sponsorship, grant making and CSR activities.
Optimy was founded in 2011 and since then has been focusing on assuring the best return on investment for its 2 thousand users in 18 different countries, which has resulted in an impressive net retention rate of 99%.
Leveraging data and automation are at the core of Optimy’s business model, which is why the company consistently remains ahead of the market. “Over these 8 years, we have been collaborating with our clients to create software that increases efficiency and helps them save time. This new investment will help us further improve our products and services for those who seek to better manage their CSR activities,” explained Kenneth Bérard, CEO and founder of Optimy.
Klass Capital, a Toronto-based SaaS investor, led the growth investment together with existing early Optimy investors. “We’re impressed with Optimy’s intuitive SaaS platform, which is a ‘must-have’ for organisations with dedicated CSR programs. Organisations are increasing their commitments to CSR and recognising the importance of technology in managing and measuring social impact initiatives,” said Daniel Klass, Founder and Managing Partner of Klass Capital. “We’re excited to partner with Kenneth and support Optimy as is it scales internationally.”
A great example of how Optimy has been working on accelerating and optimising the CSR industry is its new Community Investment software. The solution will be the bridge between corporations and local communities, maximising the social impact of volunteer work.
Optimy is a tech company that helps mission-driven corporations to achieve bigger social impacts. Thanks to Optimy’s easy-to-use solution, companies have been streamlining their operations and measuring their giving efforts which leads to continuous contribution to society. With an industry-leading track record, Optimy works with influential corporations from all around the world, including many Fortune 500 companies. Even though its client’s portfolio is diversified across different industries, recent focus areas include the financial sector as well as the oil & energy industry. For more information visit www.optimy.com
About Klass Capital
Klass is a long-term-oriented equity firm that is passionate about helping software companies become world-leading organisations. Its collaborative approach is the key to add value to its partners and support the growth of dozens of SaaS companies across the globe. For more information visit www.klass.com