Impact Atlas, Ministry Brands, and more

Your weekly update on Christian-related startups, founders, and VC

March 28, 2023

Good Morning!

Welcome to this week's edition of Faith Factor, your weekly overview of Christian-related startup and VC news.

Startup of the Week: Impact Atlas

Founded in 2017 by Chantal Buard and Allison Duncan, Impact Atlas aims to help social programs around the world reduce their costs and better manage their organizational needs. They also seek to improve the entire developmental ecosystem by providing better tools, resources and data to NGOs, financial donors, and researchers. Impact Atlas works with organizations in dozens of countries across multiple continents, and they have had a successful impact in a range of areas including poverty, unemployment, environmental initiatives, and more. Some of their partners include Innovations for Poverty Action, Buckner International, The World Bank, and Opportunity Malawi. Its founders have a deep background in social work, and previously co-founded Amplifier Strategies together. Impact Atlas was a member of Praxis Labs' 2021 Business Accelerator, and is based in Sausalito, CA.

Faith-Based News

Startups

  • Ministry Brands launched a platform designed to be the all-in-one church management solution (link)

VC/PE

  • None this week

Incubators, Programs and Competitions

  • None this week

Impact News

Startups

  • GT Medical Technologies, which makes medical devices for brain tumors, raised a $45 million Series C (link)

  • Character.ai, a generative AI startup focused on conversations, raised $150 million (link)

  • Vital, which develops hospital emergency software, raised a $24.7 million Series B (link)

  • Cognito Therapeutics, which develops disease-modifying digital therapeutics designed to cure neurodegenerative disorders, raised $73 million (link)

  • Wingtra, a drone maker focused on commercial mapping, raised $22 million (link)

  • Candela, which makes long-range electric hydrofoil boats, raised $20 million (link)

Around the Network

Select Articles

  • Am I a Workaholic? (link)

Select Podcasts

  • None this week

Job Boards

All Levels

See you next week!