Thousands of new startups are founded every year – emerging companies with the potential to disrupt the social impact sector. To give you a head-start on emerging startups that will advance social technologies in 2022, we analyzed a total of 2 808 global social tech startups & scaleups. Meet 5 of the most promising startups to watch!
Global Startup Heat Map highlights 5 Social Tech Startups to Watch in 2022
Out of 2 808, the 5 social tech startups to watch are chosen through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 2 093 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant startups, emerging technologies & future industry trends quickly & exhaustively.
The Global Startup Heat Map below highlights the 5 social tech startups you should watch in 2022 as well as the geo-distribution of the other 2 803 startups & scaleups we analyzed for this research. We hand-picked the 5 highlighted social tech startups based on our data-driven startup scouting approach, taking into account factors such as location, founding year, the relevance of technology, and funding, among others.
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Force For Good nurtures Social Impact Networking
Founding Year: 2021
Location: Singapore
Funding: USD 600 000
Partner for: Impact Tracking, Fundraising, Secure Donations
Force For Good is a Singaporean startup that builds social impact networks. The startup’s smartphone app allows individuals, companies, and charities to create engaging stories and share them to build meaningful relationships. Moreover, its community groups unite like-minded individuals connecting around similar causes, facilitating social networking. Unlike platforms that offer either donations or networking, Force For Good app combines both to improve impact and donation tracking. In addition, it allows users to create engaging virtual challenges to raise money as well as discover new charities and campaigns. Force For Good, in effect, makes philanthropy more transparent.
Change develops an All-in-One Donation Platform
Founding Year: 2020
Location: San Francisco, USA
Funding: USD 750 000
Partner for: Charity Donation API
Change is a US-based startup that offers an all-in-one donation platform through application programming interfaces (APIs). The startup’s APIs integrate with existing products and services to divert a part of the profits or raise funds through donations for a cause. For example, Lokai uses the Climate API for customers to offset their carbon emissions during online purchases. Similarly, Change offers APIs for loyalty programs, fundraising platforms, and charitable non-fungible tokens (NFTs). This enables brands and companies to instantly process donations without upfront costs or product development, saving capital expenses. Besides, integrating climate and socially conscious causes into business improves customer satisfaction, further increasing sales.
Darrow advances AI-powered Legal Claim Mining
Founding Year: 2020
Location: New York, USA
Funding: USD 24 M
Partner for: Legal Intelligence Gathering, Legal Violation Detection
US-based startup Darrow develops an AI-powered legal claim mining software. It uses machine learning (ML) algorithms and natural language processing (NLP) to discover violations and extract legal implications from various data sources, including the dark web. This, in turn, allows legal professionals to mitigate the limits of accessing all available data manually, which is error-prone and time-consuming. Darrow constantly monitors the growing online corpus and generates impactful insights. The software also allows litigators or litigation financiers to take on multiple cases by selecting the domain of interest, like privacy or consumer protection. As a result, Darrow backs cases with superior information, enabling better compensation for the victims while minimizing frivolous filings.
payactive offers a Sustainable Payment Platform
Founding Year: 2020
Location: Dresden, Germany
Funding: undisclosed
Partner for: Payment Management, AI-based Payment Platform
payactive is a German startup that provides a sustainable payment platform. The platform allows individuals and companies to receive a social cashback for every transaction, which funds sustainable projects of their choice. For this, users do not pay any extra costs except money transfer and infrastructure charges for the platform. In addition, the AI-driven platform optimizes payment flows to minimize downtimes and improve cash flow. It also digitizes the payment processes to automate recurring billing and enable regenerative payment management. This allows businesses and individuals to experience seamless transactions while also promoting sustainability without additional costs. As a result, integrating the payactive payment platform increases customer convenience and improves sales.
Ample Labs facilitates Homelessness Prevention
Founding Year: 2019
Location: Toronto, Canada
Funding: USD 264 300
Partner for: Budget Planning, Policy Planning, Shelter Management
Canadian startup Ample Labs develops Chalmers Enterprise Core, a tool to enhance homelessness prevention strategy. Chalmers Enterprise Core is a data analytics platform that operates alongside Chalmers, a chatbot. The chatbot connects at-risk individuals to critical services through personalized options and 24/7 access. Chalmers Enterprise Core uses this data to identify trends in the communities as well as improve decision making, enhancing budget and policy planning. This allows policymakers and government facilities to improve accommodation planning at local shelters and positively impact the lives of homeless individuals.
Discover All Emerging Social Tech Startups
The 2 808 social tech startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry Innovation Reports for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies and emerging solutions that will impact your company in 2022!
