data to unleash the creation of technology for the public interest
We use the power of data and collaboration to inspire funders, social entrepreneurs, technology providers, governments, and nonprofits to work together towards the solution to our most pressing social challenges.
We aggregate data from multiple sources: Private Sector, Public Sector, Nonprofits, and Academia. All the content is organized under a Domain-Specific Knowledge Graph. The core concept is documented in a research paper published by KDD in Aug 2020; we summarized the research paper in a 2-min video at the end of this page.
types of data and sources
Our Safe Search Engine
We have over 100 million units of knowledge extracted and aggregated from hundreds of trusted published sources that have a special focus on data. For example the United Nations, US Department of Labor and Statistics, US Census, Leading Universities and Research Institutions, USAFacts, etc.
We organized these data and information under one or more of the UN SDG goals. This is enabled through our NLP and ML powered content classification engine.
Social Impact Funding
We analyzed more than 600,000 filings of forms 990 and 990-PF with the United States Internal Revenue Service (IRS).
We also aggregate data from the Security and Exchange Commission (SEC). We look at the last 18 rolling months and on average we analyze 50,000 forms D and D/A filed. We focused on Seed rounds, Series A to C raised by C Corporations. Excluded large Mergers and Acquisitions, or funds raised by Venture Capital Firms, Private Equity Firms, or Trusts.
We remove duplicates by looking at the last amendment filed by any given organization.
Challenges & Ideas Collaborative
At launch, we have aggregated over 800 social challenges that need a solution or ideas that are ready for investment or for the right social entrepreneur. These challenges and ideas are extracted from published sources through our text summarization components.
A private-wiki experience enables experts from nonprofits, academia, and the private sector to augment and refine the work done by our text analytics components.
We also work with Hackathons from Universities, Social Incubators, Large Technology Companies, and provide access for Bulk Upload their ideas and challenges. We believe this will be a great way to enable a sustained acceleration of ideas for social innovation.
Solutions
At launch, we have 240+ Tech Solutions that address mission-critical needs. By analyzing the data from recent rounds of financing filed with the SEC, we gain visibility to thousands of new potential listings every quarter! but we also apply a human-analysis to verify the technology follows the principles of Tech4PI
We are not focused on back-office solutions such as accounting, fundraising, productivity, security, etc. But rather focus on mission-critical applications such as homelessness, food waste reduction, combating human trafficking, sexual abuse, climate change, mental health, education, and many others.
We have a Tech4PI (Tech for the Public Interest) certification, developed by a multidisciplinary team from academia, nonprofits, government, and private sector.
Grants & Funding
Data is extracted and aggregated from grants published by the federal government, as well as by private foundations and private companies.
On average our AI-powered analyzer inspects around 4,000 potential grants every week and organizes them under one or many UN SDGs.
We offer the opportunity for Private Companies, Private Foundations, and Local Government to publish grants in our System. Today we allow Bulk Uploads via CSV file ingest and expect to have a documented API by Q1 of 2021.
Please contact us if you are interested in bulk uploads.
Interactive Tools & Reports
We are just starting. Our aspiration is to become a trusted data intelligence marketplace to spark social innovation. We have many Interactive tools and we plan to continuously release new one:
- Interactive Tools section – we offer an overview of the total social funding by UN SDG, A Nonprofit Sector Compensation Tool and a Nonprofit Landscape Tool with Details on their Software Spending and Income Sources
- Research Papers Section – with a selection of our published research papers with the science behind X4Impact
using the united nations sustainable development goals as a framework
Given the emerging consensus on aligning Social-Impact Funding with United Nations Sustainable Development Goals – UN SDGs, we adopted its classification of impact with the 17 major goals. The following video summarizes our work, which is documented in a Research Paper accepted for publication by KDD, one of the most reputable global conference on Knowledge Discovery and Data Sciences.
We are using an accuracy of 85% or more to classify a data point or unit of content under a UN SDG. This may change as we improve our algorithms over time.
limitations on our data aggregation, classification and analysis
Is your AI-based data aggregation and classification 100% accurate?
At this point, we are at 85% accuracy and we expect to continuously improve over time. Our approach is AI-assisted rather than AI-replaced. It means we aim at serving the needs of human experts but have complemented our experience with a private Wiki experience for our Challenges and Solutions to enable experts to augment, correct, and refine our content.
For the automated labeling of data, such as classification under one or many of the UN Sustainable Development Goals, we conduct human audits to refine the machine learning process.
Why are you making the access to this data intelligence FREE? How do you generate money?
Many niche services charge subscription fees for access to datasets such as private foundations activity, grants, private investment activity, compensation, and more. Private Beta users encouraged us to charge a subscription.
Given COVID-19 and the urgent social needs we face, we decided to provide free access. We generate revenues via listing services, sponsorships, and licensing core technology components such as the AI-based UN SDG classifier.
We believe in the Democratization of Access to Data and on the Power of collective impact. Read more here.
I have a dataset I would like published by X4Impact, what do I do?
There are many unpublished datasets that can be a great contribution to innovation in the social sector. We offer Bulk Uploads via CSV files and in Q1 2021 we will provide access via an API that includes rich editing tools. Click on “Ask Us” at the bottom right corner of this page to contact us if you want to learn more
x4impact founding partners making possible our free data intelligence platform to spark social innovation
tech4pi champions and affiliate partners
