Bonterra has acquired Deed, a workplace giving and volunteering platform, for an undisclosed amount. This strategic move signifies Bonterra's commitment to enhancing its portfolio of solutions aimed at corporate social responsibility and employee engagement.
Deed offers a user-centric platform designed to facilitate workplace giving and volunteering, emphasizing ease of use and genuine human connection. It empowers employees to support causes they care about together, both in-person and online, across departments and time zones. The platform centralizes social impact and DEIB programming, from emergency fundraisers to volunteering events, and is capable of engaging diverse employee resource groups. Deed provides access to over two million nonprofits and utilizes a vast payment infrastructure, backed by trusted names like PayPal, to process donations securely and with confidence.
This acquisition is expected to significantly enhance Bonterra's existing capabilities by integrating Deed's intuitive and comprehensive platform. The strategic rationale centers on providing a more robust and integrated suite of tools for companies aiming to strengthen their social impact initiatives and foster deeper employee engagement. The synergy lies in combining Deed's focus on exceptional user experience and broad nonprofit access with Bonterra's strategic vision, enabling enterprises to manage and scale their social impact programs more effectively and transform into more positive forces in the world.
The combined entity is now poised to offer an expanded and more integrated solution for corporate social responsibility, empowering organizations to manage their giving, volunteering, and diversity, equity, inclusion, and belonging (DEIB) efforts with greater efficiency and impact. This acquisition aims to streamline the process for companies to engage their workforce in meaningful social impact, ultimately driving greater collective good and fostering a more engaged corporate culture.