HundredX, Inc, a crowd-sourced market share strategy platform, has announced that it has awarded $10 million to more than 700 nonprofits as part of its business model. 

Using the HundredX platform, consumers can generate funding for a cause they care about and help brands and businesses better understand how to meet their needs. The company combines proprietary consumer feedback with strategy expertise, investment experience, and data science to deliver insights that inform businesses leaders and investors about changing industry and competitive landscapes as well as opportunities to grow market share.

“Today’s announcement underscores the accelerating demand for high quality insights that enable real-time market share strategy decisions,” said HundredX founder and CEO Rob Pace. “But our business model also addresses a critical issue for nonprofit leaders by creating an easy-to-execute way to generate resources....We are thrilled to be positively impacting business performance and simultaneously opening up a new avenue for philanthropy.” 

(Photo credit: Getty Images/SDI Productions)