The Impact Genome Registry provides standardized data and analytics tools for measuring, reporting, and evaluating the impact of social programs. It utilizes evidence-based Impact Standards to enable reliable benchmarking of social change costs across various sectors. This platform allows funders and program deliverers to gain confidence in impact data for optimized resource allocation and reporting.
Funding
Funding not disclosed
Founders
Product
Problem
Philanthropic funding often lacks standardized measurement and verification, making it difficult to assess the true impact of social programs. Without clear metrics and transparent pricing, resources may not be allocated efficiently to the initiatives that deliver the most significant social progress.
Solution
OutcomesX operates a marketplace that standardizes, prices, and verifies social outcomes, enabling efficient allocation of philanthropic funding to high-impact programs. The platform focuses on cost-per-outcome metrics, ensuring resources are directed to initiatives that deliver measurable social progress. By transforming social impact into an asset, OutcomesX provides a return-on-investment (ROI) metric to inform capital allocation and reward social programs with the strongest outcomes. The platform allows social innovators to spend less time fundraising and focus more on delivering outcomes.
Target Audience
The primary users are philanthropists, impact investors, and social innovators seeking to maximize the impact of their funding and programs.
Features
- Marketplace for standardizing, pricing, trading, and verifying units of social impact
- Focus on cost-per-outcome metrics to ensure efficient resource allocation
- Verification process to guarantee outcomes and equitable access to resources
- Platform to transform social impact into an asset with measurable ROI