Benevity

13 statements across 1 episodes · 6 bullish · 0 bearish · 1 people on the record · first statement Nov 29, 2019 by Brian de Lottinville · said 24 times in 2 episodes since 2019 · across every show →

Mentions by year

brought up most by Nathan Latka (22), Susan Hunt Stevens (1), Brian de Lottinville (1)

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Everything said about Benevity, oldest first

Nov 29, 2019 positive
Assertion Not checkable as stated
Benevity achieved an 82 percent CAGR over the past five years
“Our compound growth rate for the last five years is around 82%. This year we're in the high forties to date.”
Brian de Lottinville Nov 29, 2019 ▶ 13:38 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019 positive
Assertion Not checkable as stated
Benevity currently serves approximately 450 enterprise clients
“We have about 450 enterprise clients that the bulk of whom are large companies.”
Brian de Lottinville Nov 29, 2019 ▶ 11:46 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019 neutral
Disclosure
Benevity was initially backed by a network of oil and gas angels
“We had a very supportive angel network of oil and gas folks here in Calgary. And so we really Wanted to wait until the capital was something of a commodity and we could choose the right fit in terms of the private equity firm around culture and strategic value…”
Brian de Lottinville Nov 29, 2019 ▶ 8:29 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019
Assertion Not checkable as stated
Benevity turns away over 60 percent of inbound leads
“We're turning away probably 60 plus percent of our inbounds because they're too small for our deployment model.”
Brian de Lottinville Nov 29, 2019 ▶ 4:43 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019 positive
Prediction Held up
Benevity expects to distribute $1.2 billion to 150,000 charities in 2019
“We will distribute around 1.2 billion dollars this year to a 150,000 global charities.”
Brian de Lottinville Nov 29, 2019 ▶ 12:16 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019 positive
Assertion Not checkable as stated
Benevity maintains a 98 percent client retention rate
“So our client retention rate is 98%.”
Brian de Lottinville Nov 29, 2019 ▶ 18:46 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019
Assertion Not checkable as stated
Benevity's average enterprise SaaS contract value is roughly $100,000
“On average, probably a 100,000 ish.”
Brian de Lottinville Nov 29, 2019 ▶ 4:26 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019 neutral
Assertion Supported
General Atlantic's investment in Benevity was likely a nine-figure sum
“It would have been, you know, GA was probably a nine-figure investment.”
Brian de Lottinville Nov 29, 2019 ▶ 7:15 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019 positive
Disclosure
General Atlantic bought out most of Benevity's original angel investors
“The first firm came in at 2015, a firm called JMI equity and last January general Atlantic came in meaningfully. And took out most of the original angels and financed a couple of small acquisitions and set us up to sort of realize the potential of this thing.”
Brian de Lottinville Nov 29, 2019 ▶ 6:14 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019 positive
Assertion Not checkable as stated
Benevity achieves roughly 120 percent net revenue retention
“Our net revenue retention is hundred and twenty-ish.”
Brian de Lottinville Nov 29, 2019 ▶ 18:49 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019
Assertion Not checkable as stated
Benevity: Pure SaaS accounts for 50 percent of total revenue
“50.”
Brian de Lottinville Nov 29, 2019 ▶ 2:08 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019 neutral
Assertion Not checkable as stated
Benevity drives enterprise growth with a direct sales team of just 20
“Our sales team is only about 20, 21, I think, in the market.”
Brian de Lottinville Nov 29, 2019 ▶ 14:51 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
Nov 29, 2019
Disclosure
Benevity ignores companies under 500 employees to focus on large enterprises
“Right now it's anything below 500 employees, but we tend to focus more on 5000 and above.”
Brian de Lottinville Nov 29, 2019 ▶ 4:55 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs
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