Benevity was initially backed by a network of oil and gas angels
Brian de Lottinville · 1588 Why 450 Enterprises Pay Him $45M+ in ARR To Help With Employee Volunteering and Donation Programs · Nov 29, 2019 · at 8:29
Brian de Lottinville is the founder and CEO of Benevity, discussing why he used personal funds and local angel capital before taking institutional private equity funding.
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“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 and some of those sorts of things.”
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