This startup provides data services and advanced analytics to verify the outcomes of social programs. Their platform helps users classify social outcomes, core components, beneficiaries, and context, enabling better impact diligence and portfolio optimization for social initiatives.
Funding
Funding not disclosed
Founders
Product
Problem
Organizations often struggle to consistently measure and report the impact of their social programs due to a lack of standardized metrics and verification processes. This inconsistency makes it difficult for funders to compare programs, allocate resources effectively, and ensure accountability for social impact investments.
Solution
Impact Genome provides a data registry and analytics platform that standardizes the measurement, reporting, and evaluation of social program outcomes. The Impact Genome Registry utilizes universal Impact Standards, including a taxonomy of 132 standardized outcomes, to enable consistent data collection and benchmarking across diverse programs. The platform offers tools for nonprofits to report their impact, funders to evaluate programs, and both to optimize their social impact portfolios. Through a rigorous verification process, Impact Genome assigns Verified Impact Credits to programs, transforming outcomes into measurable assets that funders can trust.
Target Audience
The primary target audience includes nonprofits seeking to demonstrate their impact, corporations and foundations looking to optimize their philanthropic investments, and government agencies aiming to make evidence-based decisions about social programs.
Features
- Impact Genome Registry with data on over 2.2 million global nonprofits and social programs
- Universal Impact Standards for outcomes, program components, beneficiary types, and contexts
- Evidence base of 'what works' searchable by outcomes, components, beneficiaries, and contexts
- Benchmarking tools to compare program design features with other organizations
- Verified Impact Reports™ providing transparent, peer-reviewed data on program impact
- Charity Match tool to find nonprofits aligned with specific program strategies
- Impact Forecasting to plan portfolios and maximize impact
- Portfolio Analysis to track the overall impact of investments