Binti has raised $57.0M in total across 3 funding rounds.
Binti's investors include 1984 Ventures, Kevin Hartz, A* Capital (A Star Capital), Addition, Adverb Ventures, Alt Capital, Bond, Energize Ventures, Flex Capital, Footwork, Frontline Ventures, Gradient Ventures.
Binti is a mission-driven SaaS technology company that builds workflow software for child welfare agencies, streamlining operations from foster family recruitment and licensing to family reunification, kinship care, and prevention services.[1][2][4][5] It serves over 550 agencies across 36 states and DC—including 13 statewide systems—reaching 47% of U.S. children in care, by reducing administrative burdens on social workers (20-40% time savings) and boosting family approvals by an average of 30%.[2][4][5] The platform tackles chronic shortages of foster families and inefficient processes, enabling better outcomes like keeping more children with kin and prioritizing social work over paperwork, with recent AI enhancements for transcription, chat-based case access, and multilingual support.[2][4]
Founded in 2013 and headquartered in Oakland, California, Binti has raised over $60M from investors like Founders Fund, First Round Capital, and Kapor Capital, progressing from Series A ($2.68M initially) to support expansion into AI-driven tools and upstream interventions.[1][5]
Binti was founded in 2013 by Felicia Curcuru, now CEO, inspired by personal experiences: her sister's struggles adopting two children and Curcuru's role as a court-appointed special advocate for a foster youth placed in a group home due to foster family shortages.[1][2][3][5] Initially targeting families directly, Curcuru pivoted after immersive user research with social workers, dismantling early products to focus on agency workflows for foster/adoption applications, achieving stronger product-market fit.[1]
The company launched its core platform in 2017 with partners like San Francisco Human Services Agency, marking early traction, and has since grown through collaborations with organizations like Upbring (since 2020) and DePelchin Children’s Center (since 2019), proving its value in real-world child welfare settings.[3][4]
Binti rides the wave of GovTech modernization and AI for social good, addressing outdated, paper-heavy child welfare systems amid a U.S. foster crisis (400,000 children in care, high links to homelessness/prison).[5] Timing aligns with post-pandemic scrutiny on family separations and upstream prevention (e.g., Families First funding), where Binti's tools shift agencies from reactive to proactive via data analytics and kinship prioritization.[2][3][4]
Market tailwinds include rising demand for SaaS in public sector (serving 47% of kids in care) and investor interest in impact tech, positioning Binti to influence ecosystem-wide change—partnering with thought leaders like Upbring to drive generational innovation in child wellbeing.[2][3][4]
Binti's trajectory points to nationwide dominance in child welfare tech, fueled by AI expansions and $60M+ funding for scaling beyond foster care into adjacent government verticals.[1][5] Trends like AI automation, kinship-first policies, and federal prevention incentives will accelerate growth, potentially doubling agency partnerships and family approvals amid labor shortages for social workers.[2][4]
As it evolves influence from workflow enabler to outcomes architect, Binti could redefine family-centered child welfare—ensuring tech closes the gap between supply and demand for loving homes, just as Curcuru's vision demanded from day one.[1][2][5]
Binti has raised $57.0M across 3 funding rounds. Most recently, it raised $45.0M Series B in August 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2021 | $45.0M Series B | 1984 Ventures, Kevin Hartz, A* Capital (A Star Capital), Addition, Adverb Ventures, Alt Capital, Bond, Energize Ventures, Flex Capital, Footwork, Frontline Ventures, Gradient Ventures, Greylock, InterWest, LGF, Next Play Ventures, Presence Capital, Redpoint Ventures, Saga, SNR, Spark Capital, Techstars, Vouch Insurance, Aaron Levie, Adam Gross, Akshay Kothari, Alex Adelman, Allison Pickens (Allison Pickens Ventures), Dylan Field, Ed Baker, Emre Baran, Gokul Rajaram, Immad Akhund, Jason Gardner, Louis Beryl, Marc Benioff, Max Mullen, Megan Quinn, Oleg Rogynskyy, Phillip Chambers, Sam Altman, Scott Belsky, Shane Curran, Stewart Butterfield, Tikhon Bernstam, Tobias Lutke, Will Gaybrick | |
| Apr 1, 2019 | $10.0M Series A | Basis Set Ventures, Robot Ventures, South Park Commons, XFactor Ventures, Aaron Levie, Emil Lee, Greg Brockman | |
| Mar 1, 2015 | $2.0M Seed | 01 Advisors, 10100, ACME Capital, Alsop Louie Partners, Amasia, Animoca Brands, Ansa Capital, Adeyemi Ajao, Binary Capital, Boost VC, BoxGroup, Canvas Ventures, Catapult Capital, Cherubic Ventures, Climate Capital, Comal Ventures, CRV, Draper Associates, ENIAC Ventures, Gideon Yu, Founders Fund, General Catalyst, Greylock, Human Augmentation Syndicate, KKR, LAUNCH, Lightbank, Lightspeed Venture Partners, Long Journey Ventures, Moxxie Ventures, Munich Re / HSB Ventures, NEO, Next Play Ventures, NFX, Jeff Richards, Offline Ventures, Operator Collective, Oyster Ventures, Path Ventures, Presence Capital, QueensBridge Venture Partners, Quiet Capital, Rock Ventures, Slow Ventures, Sound Ventures, Streamlined Ventures, The Finger Group, The General Partnership, Tribe Capital, True Global Ventures, Venrock, Winklevoss Capital, Alison Pincus, Anthony Saleh, Arianna Huffington, Ben Davenport, Bill Gates, Bradley Horowitz, Chris Wang, Clark Landry, Emmett Shear, Evan Williams, Hadi Partovi, Jared Kopf, Joe Greenstein, Joshua Schachter, Kevin Lin, Mark Pincus, Nicolas Berggruen, Richard Branson, Ryan Sarver, Sam Altman, Scott Banister, Scott Heiferman, Shervin Pishevar, Steve Chen, Tikhon Bernstam, Todd Arky, Tom Blomfield |
