New Profit

New Profit is a venture philanthropy organization founded in 1998, based in the United States. Their slogan "We are a venture philanthropy organization that backs breakthrough social entrepreneurs advancing equity and opportunity" reflects their commitment to supporting social entrepreneurs driving positive change in America. Specializing in the Financial Services industry, New Profit focuses on backing innovative social entrepreneurs dedicated to advancing equity and opportunity in the country. As an analyst, it's worth noting that New Profit's approach to venture philanthropy sets them apart, as they specifically target entrepreneurs with the potential to drive significant social impact. The organization's emphasis on supporting breakthrough initiatives aimed at addressing social inequities aligns with the growing emphasis on impact investing and social entrepreneurship. While their last investment and investors are currently unknown, New Profit's focus on social impact in pressing areas like financial services warrants attention from potential venture capital investors seeking to back innovative and impactful ventures.