SaaS startups have become the darling of Venture Capital investors, especially in the Social Impact industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 3 VC funded SaaS startups in the Social Impact industry.
The SaaS platform offered by Deed makes it simple for staff members to volunteer and contribute to their preferred charity. Deed is used by HR and social impact teams at businesses like Airbnb and Stripe to boost employee retention. It has offices in Brooklyn, Berlin, Tel Aviv, and San Francisco and was created by Deevee Kashi, Steven Liu, and Aske Ertmann.
StudyFree is a SaaS platform that connects students with international opportunities worldwide. We created a digital sales machine, democratized international education and we did it at scale. The company makes the admission process much easier, helps students to save up to $100,000 on tuition fees, and allows flexible financing of education via scholarships, bank loans, or income-sharing agreements. StudyFree includes: - A platform with a structured description of international study programs in 34 countries; - A scoring algorithm that evaluates the applicant’s profile, provides recommendations on enhancing it, and matches the student with programs with the highest admission chances; - Assistance in preparing all necessary documents; - Access to the marketplace, including learning centers and financial partners; - Access to mentors who can help understand the local community, education process, and help to adapt to a new environment. All these services/products are provided to customers through the automated admission platform with almost zero involvement of manual work.
UNOWN brings the circular economy to fashion retail. We integrate rental, resale and test-to-buy as SaaS right on the product page of any shop. (1) For our clients, we are the software and operational layer for their circular business model. (2) For end consumers, our access-over-ownership model bring conscious consumption, flexibility and affordable access. (3) For the planet, we cut people's fashion purchases by over 50% and increase product lifetime 10x, thereby saving CO2, water and textile waste. SDGs: 9, 12, 13