Vee, an Israeli business that is building a platform for volunteering, revealed on Tuesday that it has secured $12 million in a Seed round.
State of Mind Ventures led the round, which also included notable Israeli venture capital firms Oryzn Capital, Vertex, and Viola Ventures, as well as well-known angel investors such as Eynat Guez of Papaya Global, Amir Shevat of Innovation Endeavors, Gil Hirsch of StreamElements, and Guy Shamir of Mivtach Shamir.
Vee’s platform provides a diverse range of volunteer options, including food aid, animal welfare, youth mentoring, and environmental projects, making it simple for HR teams to identify, arrange, and share charity events, effectively creating an internal community of giving back.
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Vee was founded in 2020 by CEO May Piamenta, when she was just 20 together with CTO Gil Amsalem, and COO Avi Amor. Vee has raised a total of $13.5 million to date.
Vee’s mission is to bridge the gap between individuals and teams looking to give back and non-profit organizations in need of skilled volunteers. Due to the fact that typical management systems for managing multiple volunteers across multiple non-profit organizations are cumbersome, unscalable, and difficult to use, Vee’s platform is the ideal option. Vee’s platform provides an innovative solution that automates up to 80% of the administrative work associated with volunteer administration, allowing users to spend less time organizing and more time achieving social and environmental change.
Vee enables human resources departments to easily identify, manage, and promote charity events across a broad range of volunteer options, including food relief, animal welfare, youth mentoring, and environmental efforts, by connecting potential volunteers with local non-profit groups.
Now, anyone can easily start or join a social project, allowing them to have the influence they choose. Additionally, the platform enables users and teams to bond over shared accomplishments and experiences. This increases volunteerism’s sense of fulfillment and devotion and motivates more individuals to get engaged.
Vee’s amloyees 40 people. The platform is currently used in ten countries by over 500 organizations and records hundreds of new events each week. Among its users are eBay, Booking.com, Salesforce, and Columbia University.
