Venture: Bridge to Prosperity
Investment: $3M grant
Portfolio: Scaling Capital
Investment date: February 2024
Region(s) served: Global
Sector: Income Increase
Core Impact Metric: Improved life outcomes for foster youth
Growth capital to support powerful government partnerships
Trailbridges are a simple and obvious solution for the multi-faceted barriers keeping rural communities trapped within cycles of poverty. Bridges to Prosperity has rigorous data supporting their impact hypotheses and has traction with multiple governments. They are aiming to connect an additional 10 million to vital services in the next five years.
Why Rippleworks Invested:
Bridges to Prosperity has spent years building bridges; with their immense technical experience and know-how, the organization is now moving from building the bridges to getting the bridges built. They have compelling government partnerships and their ability to execute while maintaining a rigorous dataset will allow them to reach millions of people living in isolation.