Massachusetts · Public charity
Masschallenge Inc
To connect entrepreneurs with the resources they need to launch and succeed immediately.the primary activities include running an annual global startup competition, documenting and organizing key resources, and organizing training and networking events and running a 4 month accelerator program designed to help startups grow.
- $248k
- Granted FY2024(still arriving)
- 5
- Itemized grants FY2024
- 14
- Organizations funded FY2023
- 79%
- First-time grantees FY2023
- Itemized, FY2024
- $150k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $25,000
- Largest grant, FY2024
- $50,000
- Organizations funded a year
- 11 to 84
- FY2017 to FY2023
- States reached, FY2024
- 5
- Total assets, FY2024
- $5.3M
How open it is to new grantees
In FY2023, 79% of the organizations Masschallenge Inc funded were first-time grantees, receiving 62% of its grant dollars.
New vs renewed · share of each year
In FY2023, 38% of grant dollars renewed an existing relationship; $262k went to new ones.
RenewedFirst-time
Where new relationships form · theme of each grantee’s first grant
Civil RightsFood & NutritionEducationAnimalsOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 5 | $150k | 100% |
| FY2023 | 14 | $422k | 79% |
| FY2022 | 11 | $385k | 100% |
| FY2021 | 21 | $825k | 100% |
| FY2020 | 84 | $1.5M | 100% |
| FY2019 | 28 | $1.6M | 96% |
| FY2018 | 46 | $1.8M | 100% |
| FY2017 | 36 | $1.3M | n/a |
100% classified
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Community Improvement$7.4MScience & Tech$225kHuman Services$100kYouth Development$80kFood & Nutrition$50kArts & Culture$50kEducation$50kHealth$50kOther$0
Where its grants go
Grant dollars by states, across the years we hold.
Which US states its grants reach
ME
VT
NH
WA
MN
IL
MI
NY
MA
IA
IN
PA
NJ
CT
RI
CA
UT
CO
MO
KY
VA
MD
DE
AZ
NC
DC
GA
TX
FL
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Pumpspotting Inc | $200,000 | 2 | n/a |
| Collective Liberty | $100,000 | 1 | 20% |
| Path Ex Inc | $100,000 | 1 | n/a |
| Infinite Cooling Inc | $100,000 | 1 | n/a |
| Acousticabio Inc | $100,000 | 1 | n/a |
| Shefly Apparel LLC | $100,000 | 1 | n/a |
| Astrileux Corporation | $100,000 | 1 | n/a |
| Realkey Inc | $100,000 | 1 | n/a |
| Limax Biosciences Inc | $100,000 | 2 | n/a |
| Teratonix LLC | $100,000 | 1 | n/a |
Show all 122 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Pumpspotting Inc | $200,000 | 2 | n/a |
| Collective Liberty | $100,000 | 1 | 20% |
| Path Ex Inc | $100,000 | 1 | n/a |
| Infinite Cooling Inc | $100,000 | 1 | n/a |
| Acousticabio Inc | $100,000 | 1 | n/a |
| Shefly Apparel LLC | $100,000 | 1 | n/a |
| Astrileux Corporation | $100,000 | 1 | n/a |
| Realkey Inc | $100,000 | 1 | n/a |
| Limax Biosciences Inc | $100,000 | 2 | n/a |
| Teratonix LLC | $100,000 | 1 | n/a |
| Virtual Arts Inc | $100,000 | 1 | n/a |
| Graphene Composites USA Inc | $75,000 | 1 | n/a |
| Veri Nano Inc | $75,000 | 1 | n/a |
| Laundrysucks Io Inc | $75,000 | 1 | n/a |
| Civic Champs Inc | $50,000 | 1 | n/a |
| Kidvestors Inc | $50,000 | 1 | n/a |
| Fractal Computers Inc | $50,000 | 1 | n/a |
| Peter Bonani | $50,000 | 1 | n/a |
| Airbuild Inc | $50,000 | 1 | n/a |
| Tam Technologies Inc | $50,000 | 1 | n/a |
| 1440 Media LLC | $50,000 | 1 | n/a |
| Scout Inc | $50,000 | 1 | n/a |
| Iq3connect Inc | $50,000 | 1 | n/a |
| Sagesurfer Inc | $50,000 | 1 | n/a |
| Project Alianza Inc | $50,000 | 1 | n/a |
| Youth Enrichments Corporation | $30,000 | 1 | n/a |
| Nautilus Defense LLC | $25,000 | 1 | n/a |
| Algas Organics (Dujco Inc) | $25,000 | 1 | n/a |
| Voi Inc | $25,000 | 1 | n/a |
| Biometry Inc | $25,000 | 1 | n/a |
| Industrialml Inc | $25,000 | 1 | n/a |
| Auroratech Company | $25,000 | 1 | n/a |
| Samlara Baah | $25,000 | 1 | n/a |
| Southie Autonomy Works Inc | $25,000 | 1 | n/a |
| Code 1 Medical Devices LLC | $25,000 | 1 | n/a |
| Westface Medical | $25,000 | 1 | n/a |
| Tremedics Medical Devices Inc | $25,000 | 1 | n/a |
| Natrion LLC | $25,000 | 1 | n/a |
| Knwn Technologies Inc | $25,000 | 1 | n/a |
| Backcountry Mills LLC | $25,000 | 1 | n/a |
| Kidogo Productions | $25,000 | 1 | n/a |
| Sunny Day Fund | $25,000 | 1 | n/a |
| Locker Lifestyle LLC | $25,000 | 1 | n/a |
| Boston Green Academy Foundation Inc | $25,000 | 1 | 7% |
| Clearleaf Inc | $25,000 | 1 | n/a |
| At Ease Rentals Corp | $25,000 | 1 | n/a |
| Oculogenex Inc | $25,000 | 1 | n/a |
| Exum Instruments Inc | $25,000 | 1 | n/a |
| Feathery Inc | $25,000 | 1 | n/a |
| Tang Group Inc | $25,000 | 1 | n/a |
| Preemier Diagnostics LLC | $25,000 | 1 | n/a |
| Aerosens LLC | $25,000 | 1 | n/a |
| Karivez Inc | $25,000 | 1 | n/a |
| Freightflows Inc | $25,000 | 1 | n/a |
| Ozark Integrated Circuits Inc | $25,000 | 1 | n/a |
| Tatum Robotics LLC | $25,000 | 1 | n/a |
| Storyup Inc | $25,000 | 1 | n/a |
| Syntr Health Technologies Inc | $25,000 | 1 | n/a |
| Ostiio LLC | $25,000 | 1 | n/a |
| Lucydx LLC | $25,000 | 1 | n/a |
| Rentable Technology Corp | $25,000 | 1 | n/a |
| Brent Chase | $25,000 | 1 | n/a |
| Teamstack Ai Corp | $20,000 | 2 | n/a |
| Rocket Dollar Fintech Services Inc (Dollarito) | $10,000 | 1 | n/a |
| Dialysis-X Inc | $10,000 | 1 | n/a |
| Genh Inc | $10,000 | 1 | n/a |
| Avsana Labs Inc | $10,000 | 1 | n/a |
| New England Aquarium Corporation | $10,000 | 1 | 0% |
| Career Prep for the Blind LLC Dba Think and Zoom | $9,556 | 1 | n/a |
| Infiniteach Inc | $9,556 | 1 | n/a |
| Medflyt LLC | $9,556 | 1 | n/a |
| Limbix Health Inc | $8,556 | 1 | n/a |
| Vyasa Analytics LLC | $8,056 | 1 | n/a |
| Savvy Coop Ltd | $8,056 | 1 | n/a |
| Elleos Mental Systems Ltd | $8,056 | 1 | n/a |
| Health Note Inc | $8,056 | 1 | n/a |
| Nueyes Technologies Inc | $7,556 | 1 | n/a |
| Moving Analytics Inc | $7,556 | 1 | n/a |
| Simple Access Healthcare Inc | $7,556 | 1 | n/a |
| Canetia Analytics Inc | $7,000 | 1 | n/a |
| Dynamicare Health Inc | $5,556 | 1 | n/a |
| Karuna Health Inc | $5,556 | 1 | n/a |
| Careclever Sas | $5,556 | 1 | n/a |
| Dock Health Inc | $5,556 | 1 | n/a |
| Embleena Inc | $5,556 | 1 | n/a |
| Posh Technologies Inc | $5,556 | 1 | n/a |
| Eatwell Meal Kits | $5,556 | 1 | n/a |
| Sana Health | $5,556 | 1 | n/a |
| Beacon Tech Inc | $5,556 | 1 | n/a |
| Kyle Chuen-Hui Wu | $5,556 | 1 | n/a |
| Fort Point Design LLC | $5,556 | 1 | n/a |
| Ompractice | $5,556 | 1 | n/a |
| Ianacare Inc | $5,556 | 1 | n/a |
| Udotest Inc | $5,556 | 1 | n/a |
| Byteflies LLC | $5,556 | 1 | n/a |
| Stratyfy Inc | $5,000 | 1 | n/a |
| Zogo Inc | $5,000 | 1 | n/a |
| Fligoo Corp | $5,000 | 1 | n/a |
| Fenris Inc | $5,000 | 1 | n/a |
| Tapgenes Inc | $5,000 | 1 | n/a |
| Safekeep Inc | $5,000 | 1 | n/a |
| Semantic Evolution Limited | $5,000 | 1 | n/a |
| Inkit Inc | $5,000 | 1 | n/a |
| Bridge Financial Tech Inc | $5,000 | 1 | n/a |
| Sorcero Inc | $5,000 | 1 | n/a |
| Till Financial Inc | $5,000 | 1 | n/a |
| Lendingfront Inc | $5,000 | 1 | n/a |
| Huge Legal Technology Company Inc | $5,000 | 1 | n/a |
| Silverbills LLC | $5,000 | 1 | n/a |
| Alkymi Inc | $5,000 | 1 | n/a |
| Instrumental Labs Inc | $5,000 | 1 | n/a |
| Databento Inc | $5,000 | 1 | n/a |
| Cinchy Inc | $5,000 | 1 | n/a |
| Addapptation Inc | $5,000 | 1 | n/a |
| Intergen Data Inc | $5,000 | 1 | n/a |
| Cognicor Technologies Inc | $5,000 | 1 | n/a |
| Telostouch Inc | $5,000 | 1 | n/a |
| Automation Hero | $5,000 | 1 | n/a |
| The Hydrogen Technology Corporation | $5,000 | 1 | n/a |
| Overbond Ltd | $5,000 | 1 | n/a |
| Benekiva LLC | $5,000 | 1 | n/a |
| Mocsy Inc | $5,000 | 1 | n/a |
Plus 119 recipients with no EIN on record ($4.7M), not named here.
About Masschallenge Inc
- How much does Masschallenge Inc give?
- Masschallenge Inc reported 5 itemized grants totaling $150,000, out of $247,645 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 11 and 84 organizations a year over FY2017 to FY2023.
- What does Masschallenge Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (92%), Science & Tech (3%), Human Services (1%).
- Who are Masschallenge Inc's largest grantees?
- By total granted over FY2017 to FY2024: Pumpspotting Inc ($200k), Collective Liberty ($100k), Path Ex Inc ($100k).
- Does Masschallenge Inc fund new organizations?
- In FY2023, 79% of the organizations it funded were first-time grantees.
- Where is Masschallenge Inc based?
- Masschallenge Inc is based in MA.
Play a game based on Masschallenge’s filings →
More from the funding graph
The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home