SETWorks Receives Strategic Investment from Polaris Growth Fund to Enhance Disability Services

In a significant development for the disability services sector, SETWorks, a prominent provider of software solutions tailored for agencies that support individuals with disabilities, has announced a strategic growth investment from Polaris Growth Fund (PGF). This investment is poised to enhance SETWorks' capability to innovate and expand its impact in the realm of disability services.

Founded in the early 2000s, SETWorks has built a reputation for creating software that not only meets the unique needs of disability service providers but also enables them to optimize their operations. By streamlining complex state-specific compliance and funding requirements, SETWorks’ platform empowers agencies to focus more on improving the quality of life for the individuals they serve.

Henri McCracken, co-CEO of SETWorks, expressed excitement over the partnership with PGF, stating, "We were extremely selective in finding a partner who shares our vision, and we are ecstatic to have found PGF, which believes deeply in our mission. This collaboration will allow us to drive further innovations and provide enhanced support to service providers."

David Lindell, co-CEO alongside McCracken, emphasized the importance of this investment in advancing the company's services. He reiterated the commitment SETWorks has towards its clients—namely the organizations that aid individuals with disabilities—and how this capital infusion will significantly enhance product features, including advancements in artificial intelligence, thereby making a tangible, positive impact.

The partnership with PGF is not just a financial transaction; it marks a strategic alignment between two entities that prioritize social impact. PGF’s managing partner, Bryce Youngren, highlighted SETWorks' transformative influence on the intellectual and developmental disability (IDD) landscape, praising its blend of deep industry expertise with cutting-edge technology. Both partners are committed to navigating the next phase of growth for SETWorks while supporting service providers across the country.

As a provider operating in 38 states, SETWorks is committed to enhancing operational efficiency for disability service agencies, bolstering compliance measures, and improving service delivery. The technical advancements driven by this investment will empower agencies to increase their productivity and reach, ultimately resulting in better support for the communities they serve.

This strategic investment is a reflection of PGF’s belief in the promising future of SETWorks. Jeff Del Presto, VP at PGF, conveyed the firm's enthusiasm for the partnership, asserting that they are keen to facilitate SETWorks' rise to industry leadership with significant societal impact. With steadfast leaders McCracken and Lindell at the helm and support from PGF, SETWorks is well-positioned to spearhead innovative solutions in the disability services market. This investment stands to not only fortify SETWorks' operations but also represents a profound commitment to enhancing the lives of those with disabilities, ensuring that they receive the support they deserve.

Topics Business Technology)

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