What is DataKind?
DataKind operates at the intersection of data science, artificial intelligence, and social good. The organization collaborates with mission-driven entities to develop innovative and scalable solutions that address pressing global challenges. By providing advanced tools and expertise, DataKind enhances the operational efficiency and resource optimization for non-profits and social enterprises. Their work spans critical sectors such as climate finance, economic opportunity, and humanitarian action, aiming to elevate the maturity and impact of data-driven initiatives in the social sector. DataKind's core mission is to empower organizations to maximize their positive influence across diverse fields including health, environmental sustainability, and economic development.
How much funding has DataKind raised?
DataKind has raised a total of $22M across 2 funding rounds:
Private Equity
$2M
Grant
$20M
Private Equity (2016): $2M with participation from Omidyar Network
Grant (2019): $20M led by Rockefeller Foundation and Mastercard Center for Inclusive Growth
Key Investors in DataKind
Omidyar Network
Omidyar Network is a global organization focused on shaping the digital revolution to promote shared power, prosperity, and possibility. They invest in and partner with innovators across technology, governance, and business sectors to foster a more equitable digital future.
Mastercard Center for Inclusive Growth
The Mastercard Center for Inclusive Growth is dedicated to advancing equitable economic growth and financial inclusion worldwide. They leverage Mastercard's data, technology, and expertise to support small businesses, empower individuals, and foster sustainable development.
Rockefeller Foundation
The Rockefeller Foundation is a global institution that advances new frontiers of science, technology, and innovation to solve the world's most pressing challenges. They focus on creating a more equitable and sustainable world through strategic investments and partnerships.
What's next for DataKind?
With a substantial history of financial backing, DataKind is well-positioned for continued expansion and deeper engagement in critical social impact areas. The recent major strategic investment suggests a focus on scaling its operations, potentially broadening its technological capabilities, and forging new partnerships. This financial momentum will likely enable DataKind to further its mission of applying data science and AI to solve complex societal problems, thereby advancing the maturity of Data for Good initiatives globally. Future endeavors may include expanding its product suite and increasing its reach to more organizations seeking to leverage data for positive change.
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