ON - Omidyar Network

SeaChange is a nonprofit finance firm that aims to mobilize a network of major donors to provide substantial funding for effective nonprofits that impact low-income youth in the U.S.

Why We Invested

Most major philanthropic donors lack an efficient method for evaluating the relative effectiveness of nonprofits, and high-performing nonprofit organizations often have significant demand for growth capital. To create transparency in the philanthropic marketplace and better connect funders with nonprofits, SeaChange carefully identifies and analyzes nonprofit organizations with records of measurable success and high-growth potential. It then presents these philanthropic opportunities to its donor network members.

SeaChange hopes to steer philanthropic capital to the most effective small-to mid-size nonprofit organizations that can return the most social benefit. By creating transparency in the philanthropic marketplace, SeaChange helps align supply and demand of growth capital, and supports the growth of the nonprofit sector.