WeSpire
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
WeSpire was a Boston-based employee engagement platform founded by Susan Hunt Stevens. Using behavioral-science content and techniques, it helped global companies design, run and measure purpose-driven employee programs across sustainability, social impact and giving, wellbeing, and inclusive culture. A Certified B Corporation, it offered nearly 400 customizable campaigns and competitions and supported CSR and ESG teams at large and mid-sized enterprises.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Series B
WeSpire closes a $13 million Series B led by Level Structured Capital to expand sales, marketing and customer success and drive product innovation.
- Certified B Corp
WeSpire becomes a Certified B Corporation with a B Impact score of 119.
- Acquired by Bonterra
Bonterra, the social-good software company (backed by Apax), acquires WeSpire for undisclosed terms. The 25-person WeSpire team joins Bonterra's 1,200 employees; founder Susan Hunt Stevens becomes president of WeSpire and SVP of engagement programs at Bonterra.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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