MIT Solve
Overview
MIT Solve is an initiative of the Massachusetts Institute of Technology (MIT) that functions as a marketplace for social impact innovation. It runs annual "Global Challenges" to identify and select tech-based social entrepreneurs, known as 'Solver teams'. Selected teams receive prize funding and enter a nine-month support program that provides mentorship and access to a network of partners to help scale their impact. In addition to awarding grants and prize money, Solve makes debt and equity investments in for-profit Solver teams through a philanthropic venture vehicle called the Solve Innovation Fund (now known as Solve Innovation Future).
Portfolio Companies
61
Website
solve.mit.eduInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Neopenda | Sep 2018 | Grant | Co-investor |
| Blue Sky Analytics | May 2020 | Grant | Co-investor |
| hiveonline | Sep 2021 | Grant | Co-investor |
| EverLearn Campus | Apr 2024 | Grant | Co-investor |
| Otsimo | Sep 2021 | Accelerator | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is MIT Solve based?
MIT Solve is headquartered in Cambridge, Massachusetts, United States.
When was MIT Solve founded?
Founding year information for MIT Solve is not publicly available.
How many portfolio companies does MIT Solve have?
MIT Solve has 61 portfolio companies in Caplight's dataset.
What are some companies in MIT Solve's portfolio?
Portfolio companies visible on Caplight include Neopenda, Blue Sky Analytics, hiveonline, EverLearn Campus, Otsimo.
What was MIT Solve's most recent investment shown here?
MIT Solve's most recent investment in this portfolio sample was in EverLearn Campus in 2024.
What sectors does MIT Solve focus on?
MIT Solve focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Healthcare & Life Sciences, Energy & Sustainability, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Real Estate & PropTech, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, FinTech, Enterprise Software, Energy & Sustainability, FinTech, Telecommunications & Networking, Enterprise Software, Frontier & Industrial Tech, Crypto & Web3, Energy & Sustainability, Enterprise Software, Energy & Sustainability, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, Healthcare & Life Sciences, Frontier & Industrial Tech, Enterprise Software, Crypto & Web3, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Energy & Sustainability, FinTech, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Energy & Sustainability, Enterprise Software, Energy & Sustainability, Consumer & Commerce, AI, Data & Cloud Infrastructure, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Consumer & Commerce, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, FinTech, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Crypto & Web3, Consumer & Commerce, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Energy & Sustainability, Media, Entertainment & Gaming, Enterprise Software, Frontier & Industrial Tech, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Enterprise Software, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Energy & Sustainability, Real Estate & PropTech, Consumer & Commerce, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Consumer & Commerce, Enterprise Software, Consumer & Commerce, Consumer & Commerce, Enterprise Software.
What company stages does MIT Solve focus on?
MIT Solve typically invests at the MultiStage stage.