7 Top Non Profit Businesses Impacting The Industry in [2024]

Top Startups

Have you ever wondered who is on the list of Non Profit Companies with the highest growth rates?

You’re not alone.

There are hundreds of Non Profit Companies found there, and keeping track of the hottest new businesses can be challenging.

But don’t worry, we’ve got you covered. Here are the top 7 fast-growing Non Profit Businesses that have top-tier venture capital funding.

What are Non Profit Businesses?

Non-profit businesses are organizations that are designed to provide services, goods, or activities that support a particular cause or mission. They are usually funded by donations, grants, and other philanthropic support. 

Unlike traditional businesses, non-profit businesses are not seeking to make a profit or to increase shareholder value. Rather, they seek to provide services or promote their mission that benefits society. Examples of non-profit businesses include charities, advocacy groups, foundations, and social enterprises.

Top 7 Fastest-Growing Businesses In Non Profit

1) Mayo Clinic

MayoClinic is a not-for-profit medical practice and medical research organization dedicated to providing integrated health care, education, and research.

Details of this business:

  • Country: United States
  • City: Rochester
  • Started in: 1919
  • Founders: Augustus Stinchfield, Charles Horace Mayo, Christopher Graham, Donald Balfou, Henry Stanley Plummer, Melvin Millet, William James Mayo
  • Number of employees: 10001+
  • Funding amount: $386,100,000
  • Number of funding rounds: 6
  • Number of investors: 3

You can find their website here.

2) Classy

Classy is a web and mobile platform that allows socially responsible organizations to generate cash for a variety of causes.

Details of this business:

  • Country: United States
  • City: San Diego
  • Started in: 2006
  • Founders: Joe Callahan, Marshall Peden, Pat Walsh, Scot Chisholm
  • Number of employees: 251-500
  • Funding amount: $183,500,000
  • Number of funding rounds: 6
  • Number of investors: 15

You can find their website here.

3) MobileCause

With its engagement platform, MobileCause helps charity attract more contributors and inspire recurring donations.

Details of this business:

  • Country: United States
  • City: Calabasas
  • Started in: 2008
  • Founders: Daniel Scalisi
  • Number of employees: 51-100
  • Funding amount: $21,403,000
  • Number of funding rounds: 5
  • Number of investors: 2

You can find their website here.

4) Kontist

Kontist is a one-stop shop for freelancers looking for a neo-bank and tax advice.

Details of this business:

  • Country: Germany
  • City: Berlin
  • Started in: 2016
  • Founders: Alexander Baatz, Catharina Bruns, Christopher Plantener, Madison Bell, Sebastian Galonska, Sophie Pester
  • Number of employees: 101-250
  • Funding amount: € 37,500,000
  • Number of funding rounds: 4
  • Number of investors: 3

You can find their website here.

5) Ketto

Ketto is a social media platform that allows users to support causes while also connecting with like-minded people and organizations.

Details of this business:

  • Country: India
  • City: Mumbai
  • Started in: 2012
  • Founders: Kunal Kapoor, Varun Sheth, Zaheer Adenwala
  • Number of employees: 1-10
  • Funding amount: $823,258
  • Number of funding rounds: 3
  • Number of investors: 13

You can find their website here.

6) Impact Guru

We’re a Harvard-incubated crowdfunding platform that helps organizations, social enterprises, entrepreneurs, and individuals raise funds.

Details of this business:

  • Country: India
  • City: Mumbai
  • Started in: 2014
  • Founders: Khushboo Jain, Piyush Jain
  • Number of employees: 11-50
  • Funding amount: $4,500,000
  • Number of funding rounds: 5
  • Number of investors: 7

You can find their website here.

7) Anaxago

Anaxago is a revolutionary new crowdfunding platform for innovative businesses.

Details of this business:

  • Country: France
  • City: Paris
  • Started in: 2012
  • Founders: Caroline Lamaud, François Carbone, Joachim Dupont
  • Number of employees: 11-50
  • Funding amount: € 2,000,000
  • Number of funding rounds: 2

You can find their website here.

FAQs

Is Non Profit Business Profitable?

No, non-profit businesses are not considered to be profitable, as they are not driven by the goal of making a profit. Non-profit businesses are instead driven by the goal of providing services and/or products to benefit the public, and any money made from their operations is generally used to further the mission of the organization.

What Is The Average Investment In Non Profit?

The average investment in a non-profit business varies greatly depending on the type of business and the size of the organization. 

Generally, the most common sources of funding for non-profit businesses are grants, donations, sponsorships, and other forms of philanthropic giving. The amount of money needed to start a non-profit business also depends on the size and scope of the project. Generally, the larger the project, the more money that will need to be raised.

This post was proofread by Grammarly. Try it – It’s Free!

Millions trust Grammarly’s free writing app to make their online writing clear and effective. Getting started is simple

Promoted Did you know that brands using Klaviyo average a 95x ROI?

Email, SMS, and more — Klaviyo brings your marketing all together, fueling growth without burning through time and resources.

Deliver more relevant email and text messages — powered by your data. Klaviyo helps you turn one-time buyers into repeat customers with all the power of an enterprise solution and none of the complexity.

Try Klaviyo for free right now ➜

Similar Posts