What is One Degree?
One Degree operates at the intersection of social impact and software engineering, providing a centralized digital platform that connects individuals with thousands of local nonprofits and social services. By streamlining the discovery and application process for essential resources, the company effectively reduces the friction often associated with accessing public and private assistance. Beyond its core directory, the organization has expanded its footprint into the housing sector through initiatives like OneHomeBayArea.org, which aims to stabilize living situations for vulnerable populations. The company's market position is defined by its commitment to user-centric design, transforming how community organizations interact with the families they serve.
How much funding has One Degree raised?
One Degree has raised a total of $1.9M across 2 funding rounds:
Private Equity
$1.7M
Debt
$150K
Private Equity (2017): $1.7M with participation from Stupski Foundation, John S. and James L. Knight Foundation, The Kresge Foundation, Tipping Point Community, and Dignity Health
Debt (2020): $150K led by PPP
Key Investors in One Degree
Stupski Foundation
A philanthropic organization dedicated to returning decision-making power to communities, with a specific focus on food justice, health, and postsecondary success in the San Francisco Bay Area.
John S. and James L. Knight Foundation
A national foundation that invests in journalism, the arts, and the success of cities to foster informed and engaged communities essential for a healthy democracy.
The Kresge Foundation
A private foundation that utilizes a full array of grant and loan tools to dismantle structural barriers to equality and strengthen pathways to opportunity for low-income individuals.
What's next for One Degree?
Looking ahead, the strategic deployment of the $150K will likely focus on enhancing the platform's algorithmic capabilities and expanding its geographic coverage. As the organization matures, the focus will shift toward deepening integration with municipal social service providers to create a more seamless, real-time resource ecosystem. By leveraging its current momentum, One Degree is well-positioned to influence broader policy discussions regarding the digitization of the social safety net, ultimately aiming to dismantle systemic barriers to economic mobility and housing stability for low-income communities.
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