The Point Received $4.8 Million for a Problem Solving Action Network

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The Point Received $4.8 Million for a Problem Solving Action Network

The Point raised $4.8 Million from New Enterprise Associates.

What does The Point do?

The Point is an online community that helps individuals organize efficient group action.

VCU says:

The Point leverages the power of the Web to solve problems. The community organizes campaigns that can be joined by others. Through the power of groups there is a “point” where enough people participate and a specific action is then taken.

They have identified four areas:

  • Activism: no one acts until enough people agree to take action to force a solution to the problem.
  • Fundraising: no one parts with a dime until enough people pledge funds to reach the tipping point.
  • Creating a Social Contract: form a contract with your peers that no one is obligated to uphold until the tipping point is reached.
  • Planning an Event: the event only occurs if enough people join for the campaign to tip, so you know enough people will be there for everyone to have fun.

A very interesting site and service, take a look at The Point.


Andrew Mason


Read more about New Enterprise Associates here.

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    About: I work at Phase One Accelerators and you can find me on and at Brian Longest on LinkedIn.

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