About Purpose
Purpose is a company based in New York (United States) founded in 2009 by David Madden and Jeremy Heimans was acquired by Capgemini in February 2020. It operates as a Donation / Grant-Based and Impact-First Hybrid. Purpose has raised $3.94 million across 2 funding rounds from investors including Capgemini. The company has 30 employees as of April 03, 2024. Purpose offers products and services including Purpose Climate Lab, Verified, Global Development Campaigns Lab, Together For Play, and LIVE + BREATHE. Purpose operates in a competitive market with competitors including Cadmus, IPE Global, Dalberg, EcoRodovias and M-CRIL, among others.
- Headquarter New York, United States
- Employees 30 as on 03 Apr, 2024
- Founders David Madden, Jeremy Heimans
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Purpose Global Pbc
- Date of Incorporation 23 Feb, 2018
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.94 M (USD)23.31as on Mar 31, 2022
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Net Profit
$309.48 K (USD)97.68as on Mar 31, 2022
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EBITDA
$431.33 K (USD)92.19as on Mar 31, 2022
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Total Equity Funding
$3.94 M (USD)
in 2 rounds
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Latest Funding Round
$1.44 M (USD), Seed
Mar 27, 2014
- Investors
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Employee Count
30
as on Apr 03, 2024
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Acquired by
Capgemini
(Feb 12, 2020)
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Products & Services of Purpose
Purpose offers a comprehensive portfolio of products and services, including Purpose Climate Lab, Verified, Global Development Campaigns Lab, Together For Play, and LIVE + BREATHE.
Climate campaigns are developed with a justice-focused approach.
Misinformation is countered through collaboration with United Nations.
Innovative campaigns are launched using extensive research insights.
Children's growth is supported through play-based learning initiatives.
Community-led movements are created to combat air pollution.
People of Purpose
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Funding Insights of Purpose
Purpose has successfully raised a total of $3.94M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.44 million completed in March 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Purpose
Purpose has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Capgemini.
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Investor details for Purpose
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Purpose
Investment portfolio details for Purpose
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Financial Statements - Purpose
Detailed financials for Purpose
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Purpose Comparisons
Peer comparison for Purpose
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Competitors of Purpose
Purpose operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cadmus, IPE Global, Dalberg, EcoRodovias and M-CRIL, among others.
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Management consulting services are provided to clients across sectors.
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Provider of international development consulting group tech assistance and solutions for equitable development
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Management consulting services, including strategic advisory and research, are provided.
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Highway concessions and transportation services are provided in Latin America.
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Financial ratings and credits for microfinance institutions are offered.
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Detailed competitors of Purpose
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Latest news on Purpose
Complete news archive for Purpose
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Frequently Asked Questions about Purpose
Purpose was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Purpose is headquartered in New York, United States. It is registered at New York, New York, United States.
Jeremy Heimans is the current CEO of Purpose. They have also founded this company.
Purpose is a funded company, having raised a total of $3.94M across 2 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Purpose is 30.
Annual revenue of Purpose is $1.94M as on Mar 31, 2022.
Purpose is involved in driving global social impact by utilizing creative storytelling and campaigns to inspire change. Focus areas include climate justice, public health, education, and combating misinformation. Various labs and initiatives are operated to address issues like air pollution, child safety in digital spaces, and sexual health stigma. Collaboration with international organizations such as the United Nations is maintained to enhance campaign effectiveness across diverse sectors like environment, equity, and human rights.
Purpose's top competitors include IPE Global, Dalberg and Cadmus.
Purpose offers Purpose Climate Lab, Verified, Global Development Campaigns Lab, Together For Play, and LIVE + BREATHE.
Purpose has 1 investor. Key investors include Capgemini.