Binti is a for-profit, mission-driven SaaS company founded in 2016 and headquartered in the United States. The company's slogan, "Reinventing Child Welfare with Technology," reflects its mission to build modern software that ensures every child has a safe, loving, and stable family. Binti's impact is evident as 300+ child welfare agencies across 33 states utilize its tools, caring for over 30% of children in the US child welfare system. Its end-to-end software covers various aspects of child welfare, including efficient recruitment, licensing, and matching of foster parents, and providing support to families for reunification. Notably, agencies using Binti have licensed 80% more families on average in their first year, with a 16% reduction in approval time and a 20-40% savings in social worker time. The latest investment, a $45.00M Series B investment on August 27, 2021, saw participation from investors such as Founders Fund, First Round Capital, Kapor Capital, Rethink Impact, Lowercase Capital, Lachy Groom, Brian Armstrong, Egon Durban, Michael Dell, and Stan Druckenmiller. Binti's innovative approach to improving child welfare through technology and the support of notable investors positions it as a promising venture in the social impact and SaaS sectors.
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