This merger brings together two best-of-breed software providers to create a comprehensive corporate giving solution.
WizeHive is excited to announce a merger with Bright Funds, a leading provider of workplace giving and volunteerism solutions.
By bringing together two best-of-breed software providers that power corporate philanthropic missions, WizeHive and Bright Funds will deliver a single SaaS solution that meets the full range of corporate giving needs today, including both domestic and international grants, as well as employee giving and engagement. In addition to having highly complementary software platforms, both companies also share a culture that emphasizes agility, speed, and delivering an exceptional customer experience.
“Corporate commitments to social responsibility and philanthropy have never been stronger, yet no single software solution effectively helps companies manage the full range of giving programs,” said Carl Guarino, CEO of WizeHive. “Bright Funds’ remarkable strength in enabling companies to engage employees in philanthropy and volunteerism complements WizeHive’s leadership in grants management. Together, we look forward to empowering corporate giving programs with the flexibility and agility needed to respond to today's dynamic and rapidly changing needs.”
WizeHive has been a long-time leader in facilitating grant and other application-driven giving programs with its ZengineTM platform. Zengine supports each company’s unique processes and philanthropic efforts, from grants and fellowships to employee relief, scholarships and more. The Bright Funds platform powers employee donation, volunteering and matching programs and is distinguished by its superior customer experience that drives unmatched levels of engagement and speed to success.
“In addition to creating the leading end-to-end solution for corporate philanthropy, the combination of WizeHive and Bright Funds will bring scale to both companies’ go-to-market, product and development capabilities, and help accelerate growth opportunities for our employees and customers alike,” said Srinagesh Vitthanala, CEO of Bright Funds. “We are thrilled to team up with WizeHive and LLR Partners, and together create a comprehensive giving solution for corporate foundations and CSR teams.”
WizeHive recently secured a growth capital investment from LLR Partners, which will help support the continued growth of the combined business, integration and advancement of their joint solution, and further strengthen customer success programs.