Press releasesNovember 1, 2017
Coveo’s annual fundraiser with Centraide, also known across Canada as United Way, is expanding to its Montreal office. For the past 6 years, Coveo’s Quebec City team has supported the Centraide as its exclusive charity of choice. Each year, Coveo commits to matching what employees donate dollar-for- dollar, raising $75 000 last year alone, and over $250 000 in the last five years.
Centraide is a federated network of individual offices around Canada, each led by volunteers who work with community projects aiming to break the cycle of poverty and social exclusion. In addition to its efforts to eradicate poverty, projects focus on supporting children, and creating vibrant neighborhoods across Canada.
“Coveo continues to choose Centraide as the recipient of our corporate fundraising initiative because we strongly believe in their efficacy to identify which local agencies are most in need.” says Guy Gauvin, Chief Operations Officer at Coveo. “Due to their seasoned involvement at the community level, they have a strong grasp on which charities are making positive local impacts, yet who might not have access to the sizable marketing budgets that larger foundations do. We are confident that every dollar donated is utilized down to the last cent in local projects that have a high impact in the community”.
Beyond monetary donations, Coveo is also involved in the field with Centraide, donating equipment to local charities each year and sending its technical team for much needed help with setup, among other initiatives. Coveo’s dedication to the cause has earned the company the title of IT Organization of the Year by Centraide, twice in the last five years.
Coveo solutions combine elements of three important technologies: Intelligent Search, Predictive Analytics and Cognitive Computing. The company’s goal is to make it ever easier to gain the benefits of these transformative technologies and the company’s results speak for themselves. In June, GAAP subscription revenue for the quarter grew 86% over the June quarter 2016 and 17% over the March 2017 quarter. In the first half of the year Coveo added 45 new employees, reaching over 300 world wide, and successfully launched its Montreal office which has already filled 40 new positions, with another 20 positions expected to be filled by the end of Q3 2018. Coveo also unveiled its newly renovated, multi million dollar headquarters located in Quebec City. Over 200 attendees including the mayor, Régis Labeaume, attended the ribbon cutting ceremony.
Lili-Anna Pereša, President and Executive Director of Centraide of Greater Montreal shared, “Coveo is a valuable partner and a role model for social engagement in the technology sector. The company’s support helps us invest in the community where needs are greatest so that we can make the biggest possible impact. Their contribution helps us break the cycle of poverty and improve the quality of life of people and families in need. Overall, their generosity helps make our community a place where everyone has an equal chance to develop their full potential and improve their quality of life.”
Coveo’s campaign officially kicks off November 1st and runs until November 30th, 2017, in conjunction with Coveo’s Quebec City headquarters.
Centraide of Greater Montreal covers Laval, Montreal and the South Shore. About 57,000 volunteers are involved with the agencies that it supports, and 22,000 volunteers work on its annual campaign. Centraide is supported by private, public and parapublic corporations and institutions as well as large trade unions that hold 1,600 workplace campaigns every year. The money raised is invested locally to break the cycle of poverty and social exclusion. Quebec has 18 Centraides that support 1,500 community agencies and projects that offer help and comfort to 1.3 million vulnerable people. For more information: www.coveo.com and follow our blog, LinkedIn, Twitter, and YouTube accounts.
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