Impact platform onHand raises $4M to help companies everywhere do more good
Summary
Named Uber for volunteering by IBM, onHand helps engage employees with on-demand social impact and sustainability initiatives, with tracked CO2e reductions. In return, this helps develop a sense of purpose, increase wellbeing and attract and retain talent, while also giving businesses real-time impact and social value data.The venture saw incredible expansion in 2022, with 300% year-on-year growth. This raise lets us help businesses everywhere deliver incredible impact.James Campin, Investment Executive from 24Haymarket, adds: onHand offers a tool to engage employees while benefitting society, seamlessly facilitated through an on-demand app. Were looking forward to the next part of their journey, scaling up to have an even bigger impact on more lives.George MacGinnis, Healthy Ageing Challenge director at UKRI, which has helped fund onHands ambitious growth plans, said: Social enterprises, like onHand, can play a vital role in developing products and services that can be scaled up to deliver real benefits for healthy ageing. Its particularly gratifying that the idea is now getting recognition from private investors.Dhiraj Mukherjee, Co-Founder of Shazam adds: At a time when companies are increasingly putting ESG and impact at the centre of their business to address social, environmental, and wellbeing needs, onHand has delivered a solution with makes it super simple to do good while doing well.onHand is now available worldwide and plans to grow the team across business development, tech and impact, expand the product and become the global platform of choice for corporate volunteering and sustainability action.