Collaborative Software Platform Delivers Measurement Infrastructure for Social-Good Networks, Helps City of Columbus Track Impact of Investment into Non-Profit Initiatives
COLUMBUS, Ohio, May 23, 2023 /PRNewswire-PRWeb/ -- Today, SureImpact, the only software platform specifically designed for all members of the social-good ecosystem, announced it has secured $2MM in seed financing led by Rev1 Ventures, with additional support from angel investors, including Queen City Angels. The funding will be used to continue innovating the company's groundbreaking solution that helps nonprofit leaders better understand, measure, and share their impact.
"SureImpact is making the impossible possible by helping nonprofits analyze and benchmark their initiatives with an easy-to-understand impact management solution," said Sheri Chaney Jones, founder and CEO of SureImpact. "With the support of our investors, SureImpact is enabling more social-good leaders to realize the full value of real-time insights that prove the effectiveness and impact of their work."
Currently, there are nearly 1.8MM nonprofits in the U.S. With 37% of organizations reporting a decrease in donations in 2020, measuring the impact of community collaboratives and collective initiatives has never been more important. SureImpact's platform leverages a collaborative data model specifically designed to provide the coordinated data collection and shared measurement infrastructure for social-good networks to evaluate the effectiveness and collective impact of their initiatives. SureImpact connects all members of the collaborative, whether they are direct service providers, funders, or other stakeholders. By tracking outcomes that measure participant needs across organizations, leaders can more easily understand what is driving change across their network.
"SureImpact is one of the most innovative nonprofit technology solutions on the market," added Jay Love, SureImpact board member and seasoned nonprofit tech entrepreneur. "I know they will continue to transform how social-good organizations operate and address crucial community needs."
SureImpact is also announcing a groundbreaking initiative with the City of Columbus. As part of a new program from The City of Columbus' Department of Development that connects 501(c)(3) nonprofit human service organizations with resources to strengthen their organizational capacity, stabilize their organizations, and further their work, SureImpact is helping to track real-time measurable outcomes of 112 nonprofit organizations. The first-of-its-kind program makes Columbus the first city to use SureImpact to analyze the impact of nonprofit initiatives on the communities they serve to ensure organizations know where their dollars are best spent.
"Sheri and SureImpact are changemakers, and we're pleased to support their mission of streamlining access to data to improve outcomes for nonprofits," said Kristy Campbell, COO at Rev1 Ventures. "With an innovative product and a proven track record, the sky's the limit for SureImpact, and we're excited to help support them in their next phase of growth."
In the last three years, SureImpact has experienced an explosive increase in adoption and now boasts nearly 2,000 users managing the outcomes and impacts of more than 90,000 individuals enrolled across initiatives. The team has grown to keep up with demand, including the appointments of several notable nonprofit technology experts.
For more information about the company and its approach, visit https://www.sureimpact.com/.
About SureImpact
SureImpact is a flexible, cloud-based software platform that allows mission-driven organizations to easily manage, measure and communicate their unique social impact. SureImpact is the only technology solution specifically designed for all members of the social-good sector. Our proven collaborative infrastructure combines case management, impact measurement, and reporting to enhance your organization's delivery of mission-critical services, engage your communities, attract new sources of funding, and increase trust with existing funders. By demonstrating the degree to which you are changing the world, funders and other stakeholders will become more invested in your cause than ever before.
Media Contact
Aimee Eichelberger, Superior PR, (312) 952-1528, [email protected]
SOURCE SureImpact
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