What is Better Balance?
Better Balance is an organization that has historically been instrumental in advocating for and implementing policy changes, particularly concerning paid sick time. Over a period of more than four years, the company played a pivotal role in building and leading a broad coalition of diverse stakeholders, including union leaders, healthcare practitioners, women's advocacy groups, parent organizations, economists, LGBT advocates, and small business owners. This coalition was key in championing the paid sick time campaign in New York City. Better Balance was actively involved in drafting legislation and negotiating its final inclusive version, demonstrating its commitment to public health, economic justice, and social equity. The company's efforts have positioned paid sick time as a critical issue across multiple dimensions, including public health, women's rights, economic justice, and racial justice.
How much funding has Better Balance raised?
Better Balance has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Better Balance
PPP
Public-Private Partnership
What's next for Better Balance?
With the recent strategic investment and its position as a large-scale late-stage funded entity, Better Balance is poised for significant growth and impact. The company's historical focus on policy advocacy and coalition building suggests a future strategy centered on expanding its reach and influence. Future initiatives will likely involve robust enforcement of existing policies, comprehensive public education campaigns, and strategic expansion into new territories or policy areas. This capital infusion will empower Better Balance to further its mission, potentially through enhanced operational capacity, broader stakeholder engagement, and the development of new programs or advocacy efforts.
See full Better Balance company page
