OnHand secures £750k to expand its corporate social impact platform
Northstar Ventures led the funding round, with participation from 24 Haymarket.
OnHand provides a digital platform that connects employees with volunteering and sustainability initiatives to support corporate social responsibility.
OnHand has secured £750k in a new funding round led by Northstar Ventures, with participation from 24 Haymarket. The capital injection includes contributions from the North East Innovation Fund and Northstar's EIS Growth Fund. The company will use the proceeds to support technical developments, expand platform gamification, and scale into the enterprise market.
Founded in 2019, the platform connects users with local volunteering tasks, sustainability actions, and charitable causes. Since an initial investment by Northstar in 2021, OnHand has built a client base featuring firms such as Baringa, Domestic & General, and Rightmove.
From the founder
"Delighted to have the continued support of Northstar Ventures, who invested in OnHand at such an early stage, and 24 Haymarket following their initial investment. The next stage for us is helping even more enterprise businesses deliver incredible social impact in their local communities and building a culture of purpose at work"
Sanjay Lobo
CEO at OnHand
Investor perspective
"It’s no surprise that OnHand is thriving, thanks to their exceptional leadership team. Our investment will support technical improvements to enhance the platform’s gamification and expand user options even further. It will also help the company achieve their ambition of breaking into the enterprise market. We are thrilled to support such an exciting, innovative company, as we recognise the value of corporate volunteering."
Naomi Allen Seales
Investment Manager, Northstar
Use of funds
- 01Continue product development
- 02Expand into international markets
