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New Profit logo — We are a venture philanthropy organization that backs breakt...

New Profit

We are a venture philanthropy organization that backs breakthrough social entrepreneurs advancing equity and opportunity

Founded 1998 United States Boston, United States 122 employees Financial Services

General Information

Company Name New Profit
Founded Year 1998
Location United States Boston, United States
Employees 122
Industries Financial Services
Social

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About New Profit

New Profit is a venture philanthropy organization founded in 1998, based in the United States. Their slogan "We are a venture philanthropy organization that backs breakthrough social entrepreneurs advancing equity and opportunity" reflects their commitment to supporting social entrepreneurs driving positive change in America. Specializing in the Financial Services industry, New Profit focuses on backing innovative social entrepreneurs dedicated to advancing equity and opportunity in the country. As an analyst, it's worth noting that New Profit's approach to venture philanthropy sets them apart, as they specifically target entrepreneurs with the potential to drive significant social impact. The organization's emphasis on supporting breakthrough initiatives aimed at addressing social inequities aligns with the growing emphasis on impact investing and social entrepreneurship. While their last investment and investors are currently unknown, New Profit's focus on social impact in pressing areas like financial services warrants attention from potential venture capital investors seeking to back innovative and impactful ventures.

Business keywords: venture philanthropy, social entrepreneurs, equity, opportunity, philanthropy organization, breakthrough, venture capital, impact investing, innovation, equity advancement, opportunity advancement

No funding data available for New Profit yet.

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FAQ About New Profit

We are a venture philanthropy organization that backs breakthrough social entrepreneurs advancing equity and opportunity
New Profit was founded in 1998.
New Profit is headquartered in Boston, United States.
New Profit operates in Financial Services. Its work centres on venture philanthropy, social entrepreneurs, equity and opportunity.
New Profit has approximately 122 employees.
Top alternatives and competitors to New Profit include Arvantis Group, Washington Area Community Investment Fund, Inc. (Wacif), Silicon Valley Social Venture Fund - SV2, ND Venture Assets S.L. (ND Ventures), Cresco. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
New Profit and Arvantis Group are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for New Profit, https://bouncewatch.com/company/new-profit, updated 28 November 2024. When citing, please name BounceWatch and link this page.

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