Social Solutions
Baltimore, Md.
Adrian Bordone, Vince Griffith,
Steve Butz, and Dave Butz founders
Incubator: Emerging Technology Centers, Baltimore
Revenues: $3.7 million (2006); $6.7 million (2007
projected)
Employees: 36
www.socialsolutions.com
The founders of Social Solutions worked with at-risk youth through
local nonprofit organizations in Baltimore for more than a decade,
but they quickly became frustrated with reporting requirements
that interfered with their work. “Over time, the emphasis
on counting how many and how often obscured the real questions
such as who was served, how effectively were they served and what
was the result,” says Matt Schubert, Social
Solutions CEO. As a result, the founders developed Social Solutions’
Efforts-to-Outcomes Software, which enables nonprofit organizations
to better track, manage and demonstrate the impact of their work.
More than 4,000 nonprofit organizations throughout the United
States and Canada – including Girl Scouts of the USA and
the Annie E. Casey Foundation – use ETO software today.
Incubator’s
role: Who you know can make a difference in business.
Just ask Social Solutions. Thanks to the visibility, credibility
and support offered by the Emerging Technology Centers, the firm
completed a Series A funding round in September 2006. The firm
also has benefited from connections made with other incubator
clients, including a marketing firm that has become an extension
of the company’s marketing staff, and a sales training and
consulting firm that is leading the recruitment of new sales staff
members. “ETC has been instrumental in facilitating connections
among incubator clients,” Schubert says.