United States
Purpose Portfolio, founded in 2015, operates at the intersection of Enterprise Software, Social Media, and Human Resources. The company aims to transform corporate social responsibility into a tangible strategy, offering businesses a comprehensive platform to engage employees through curated charitable portfolios. Based in the United States, they enable organizations to select causes aligning with company missions and employee values.
With seamless integration into existing payroll systems, Purpose Portfolio simplifies the mechanics of employee giving, ensuring ease of access and enhanced participation. The company's unique approach includes quarterly impact reports and visually appealing milestones that serve dual purposes: tracking social impacts and elevating a company's brand value in the eyes of both employees and the public.
Their initial funding round, a Convertible Note investment on 20 October 2015, was led by Peterson Ventures. This investment facilitated their mission to democratize corporate giving, compelling as an investment prospect due to its scalable model and potent alignment with modern workforce values.
