What is Purpose?
Purpose operates as a multifaceted organization, functioning as a strategy consultancy, a creative agency, and a social movement incubator. The company is dedicated to building and supporting movements that advance the fight for an open, just, and habitable world. It leverages public mobilization and storytelling to assist leading organizations, activists, businesses, and philanthropies in their endeavors. Furthermore, Purpose establishes campaigning labs and initiates new projects aimed at shifting policies and altering public narratives during critical periods. As a Public Benefit Corporation, its mission is intrinsically tied to societal and environmental progress.
How much funding has Purpose raised?
Purpose has raised a total of $3.9M across 2 funding rounds:
Private Equity
$2.5M
Debt
$1.4M
Private Equity (2011): $2.5M, investors not publicly disclosed
Debt (2013): $1.4M, investors not publicly disclosed
What's next for Purpose?
The substantial enterprise-level funding and recent strategic investment signal Purpose's intent to scale its operations and amplify its impact. This capital infusion is likely to be directed towards expanding its reach in public mobilization, enhancing its storytelling capabilities, and developing innovative campaigning labs. The company's focus on shifting policies and public narratives suggests a strategic approach to driving systemic change, positioning it for significant influence in the non-profit and advocacy sectors.
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