COLUMBUS, Ohio, December 8, 2020—SureImpact, the software platform that empowers mission-driven organizations to manage, measure, and communicate their unique social impact, today announced it has successfully closed its seed funding round. The capital will support the company’s efforts to scale operations and further develop its proprietary, cloud-based platform. The funding round was led by Rev1 Ventures with co-investments from Queen City Angels and Connetic Ventures.
The nation’s $3.8B social sector market has moved from focusing on tracking the number of clients served to track how they have improved individuals and communities' lives. The community foundations that provide much of the funding for nonprofit organizations have begun requiring social impact stories to grant grantees funding. This leaves many organizations struggling with how to measure impacts and outcomes in a meaningful way.
SureImpact connects the entire social ecosystem with a customizable case management platform that gives social service organizations a way to measure what they have done, who they serve, and how well they serve them. Developed by Sheri Chaney Jones, a seasoned entrepreneur, researcher, and thought leader on social impact measurement, SureImpact is the only case management and reporting solution specifically designed for the nonprofit sector to measure, track, and manage their unique social impact.
“After 20 years of consulting and helping organizations share their impact stories, it was clear there was no available solution. We are connecting nonprofits and funders with the needed real-time data tracking and social impact reporting,” said SureImpact CEO Sheri Chaney Jones. Jones has worked alongside hundreds of social sector organizations nationwide using measurement to accelerate social change. Chaney Jones was recently named a Future 50 Award 2020 honoree by Columbus CEO and Executive of the Year as part of Columbus
Business First’s BizTech Awards.
“We’re passionate about our clients, their causes, and the communities they serve. This new round of funding will increase SureImpact’s ability to help social sector organizations use data to tell their stories of impact and drive success,” said Chaney Jones.
SureImpact provides cloud-based data collection and reporting solutions that empower mission-driven organizations to more easily track, manage, and communicate their unique social impact. From nonprofit organizations and foundations to government agencies and social enterprises, SureImpact is filling a much-needed void in the way of social-sector specific solutions for organizations with multiple bottom lines. SureImpact equips social sector organizations to navigate the complexities of realizing positive social change through innovation and insights. Together, SureImpact and its clients are making social change count. For more information, visit www.sureimpact.com
About Rev1 Ventures Rev1 Ventures is the startup studio that combines capital and strategic services to help startups scale and corporates innovate. Based in the Midwest, and in the number one city for scaling startups, Rev1 aligns innovators and founders with corporate and research partners to access customers and markets, helping entrepreneurs build great companies. With a proven track record of identifying, guiding, and investing in high potential startups, Rev1 helps companies solve real problems for markets in need of real solutions. Rev1 has $100MM in capital under management, providing a capital continuum from corporate and community partners, as well as the Ohio Third Frontier. Rev1 is the most active seed investor in Ohio for the past six years, according to PitchBook. For more information, visit www.rev1ventures.com.
About Queen City Angels Queen City Angels is the longest-established organized angel group in the Midwest. Queen City Angels’ investors are Greater Cincinnati business leaders including former CEOs and founders of successful companies. Their team works with entrepreneurs to create and scale thriving businesses, to achieve goals, and to realize dreams.
About Connetic Ventures Connetic Ventures is focused on building a new normal for venture capital. Connetic Ventures is an early-stage VC firm that leverages data, machine learning, and behavioral science to remove bias from the investing process.
Media Inquiries: Laurel Rodriguez Director of Marketing SureImpact, Inc. email@example.com