SETWorks: Strategic Investment Raised From Polaris Growth Fund

By Amit Chowdhry ● Yesterday at 5:49 PM

SETWorks, a software provider for disability service agencies and human services providers, announced it has secured a strategic growth investment from Polaris Growth Fund (PGF). Launched in the early 2000s, SETWorks offers industry-leading software and services built specifically for the disability services sector, empowering organizations to spend more time impacting the lives of the individuals they serve.

The company’s platform enables administrators and direct support professionals to manage complex state-specific compliance and funding requirements efficiently, significantly improving productivity, billing reimbursements, and access to quality data, facilitating increases in community reach and impact.

McCracken and Lindell will continue to lead SETWorks and serve on its board of directors.

KEY QUOTES:

“The motivation for seeking an investment partner was to further fulfill SETWorks’ mission of empowering those who serve others. We were extremely selective in finding a partner who shares our vision, and we are ecstatic to have found PGF, and humbled by their conviction in us. This partnership will enable us to continue innovating and supporting providers on a larger scale across the entire spectrum of disability services.”

Henri McCracken, co-chief executive officer of SETWorks

“I’m thrilled about how this partnership will enable us to enhance the support and services we provide to the incredible organizations we serve. We care deeply about the vital work they do and the lives they impact, and this investment will help us serve them even better. It will directly accelerate product improvements, including the expansion of our AI capabilities, making a tangible difference for our clients and the individuals they support.”

Co-Chief Executive Officer David Lindell

“SETWorks has transformed the IDD landscape by combining deep industry expertise with innovation to deliver valuable technology to resource-constrained agencies nationwide. Together with David and Henri, we are grateful for the opportunity to support SETWorks’ vision for the next chapter of growth.”

Bryce Youngren, managing partner at PGF who will join the SETWorks board of directors

“This investment exemplifies the kind of passionate team we seek to partner with. We believe SETWorks is poised for category leadership and industry-wide impact, and we’re excited to accelerate its mission.”

Jeff Del Presto, vice president at PGF, who will also join the board

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