Entrepreneur First backs Beneficiary to help charities find the most effective ways to improve lives
Charities set out to solve some of the hardest problems in the world, but struggle to cost-effectively and scalably evaluate their interventions. At EF, we are excited about Beneficiary’s novel approach to changing this. Kieran and Nicholas’ passion — combined with their experience in charities and Cognitive and Behavioural Science — make them uniquely qualified to take on this vital, global challenge.
75% of charitable interventions show no effect. With charities under increasing pressure to demonstrate their effectiveness, impact evaluations have doubled in the last five years — at a cost of $28 billion. And yet, these costly analyses cover only 2% of all charitable interventions.
Using machine learning and behavioural science, Beneficiary helps organisations design low-cost, highly scalable surveys to better understand their progress against the world's toughest problems.
Beneficiary are at capacity with their pilots, working with major charities including the Big Lottery Fund, the UK’s biggest foundation and 211, the US national call line for social services.
About Entrepreneur First
Entrepreneur First runs full-time programmes that fund the most talented scientists, engineers, developers and industry experts to find a co-founder, then helps those teams grow their businesses and raise funding. We’ve built >100 companies worth >$1B so far.
We currently run programmes in London, Singapore, Berlin and Hong Kong.
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