The Top 75 Global Impact Investing Funds

SustainFi May 21, 2021

Impact funds seek to generate financial returns and create positive social or environmental impact at the same time. According to the Global Impact Investors Network (GIIN), the impact investing market exceeds $715 billion, including over 1,720 organizations.

To help make sense of the impact investing landscape, we have compiled a list of the 75 most prominent impact investing funds based on data from ImpactAssets, B Corp, the Case Foundation, and Impact Capital Managers.

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3×5 Partners

Portland-based 3×5 Partners (3×5) is a venture capital firm investing in early-stage businesses in the healthcare and climate sectors. Since 2011, the firm has invested in over 15 companies, deploying over $350 million. Within healthcare, 3×5 targets innovators in biotech, diagnostics, and medical devices. Within climate, the fund invests in sustainable infrastructure, water, energy, food and agriculture, and waste sectors. 3×5 has a concentrated approach, including six to eight companies per fund with a $15-25 million investment in each.

Adobe Capital

  • Website: https://adobecapital.org
  • Impact area: social and environmental challenges in Mexico
  • Location: Mexico City, Mexico
  • Year founded: 2000

Based in Mexico City, Adobe Capital is an impact investing fund focused on social and environmental challenges in Mexico. Adobe Capital was one of the first impact investing firms in Latin America. They invest in Mexican companies with fewer than 50 employees, less than $5 million in sales, and strong growth potential. They also provide financing and technical assistance to their portfolio companies. The firm is part of the New Ventures Group, a leading Latin American accelerator platform.

Advance Global Capital

Advance Global Capital (AGC) is a global impact fund that provides working capital financing. They finance invoices for small and medium businesses (SMEs), particularly women-led enterprises. The fund partners with local financial institutions or provides financing directly through electronic invoice platforms. AGC offers market-rate, risk-adjusted, non-correlated returns to investors. The portfolio is diversified, covering many industries in over 65 countries; the average transaction is less than $5,000.

Alante Capital Management

Alante Capital Management is an investment firm that wants to make the apparel industry more sustainable and reduce waste. They invest in early-stage companies trying to transform how clothes are made, sold, and recycled. They like investments in clean technologies, material innovations, AI, and SaaS solutions. The fund is led by two women, and all portfolio companies have women on the executive team. Alante Capital Management is backed by an apparel industry veteran, Eileen Fisher.

Arborview Capital

Arborview Capital (Arborview) is a venture capital firm that invests in energy efficiency, resource efficiency, and sustainability solutions. Arborview acquires meaningful stakes in businesses and works closely with management teams. They invest in relatively few companies and conduct an impact management process for each investment, generally writing $3-10 million checks. Arborview looks for high-growth businesses that generate over $5 million in revenue and are close to profitability. The firm was one of the early investors in Vital Farms, a leading supplier of pasture-raised eggs and butter that IPO’d in 2020 under the ticker VITL.

Arctaris Impact Investors

  • Website: https://arctaris.com/
  • Impact area: underserved communities
  • Location: Boston, Massachusetts, USA
  • Year founded: 2009

Founded in 2009, Arctaris Impact Investors is a Boston-based impact investing firm. They provide royalty-based or debt capital to growth businesses and infrastructure projects in underserved communities in the eastern U.S. They invest in profitable companies with over $5 million in revenue, writing $1-10 million checks.

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Bain Capital Double Impact Fund

Bain Capital Double Impact Fund is an impact fund targeting businesses that are profitably solving social problems. The impact themes are sustainability, health and wellness, and education and workforce development. They invest in mission-oriented, for-profit lower middle-market companies in North America. The fund’s parent, Bain Capital, is a leading global private equity firm with over $130 billion in assets under management.

Bamboo Capital Partners (Bamboo Finance)

  • Website: http://www.bamboocp.com/
  • Impact area: underserved communities in emerging and frontier markets
  • Location: Luxembourg
  • Year founded: 2007

Headquartered in Luxembourg, Bamboo Capital Partners is a private equity firm that invests in low and middle-income communities in emerging and frontier markets. They primarily target companies in energy, healthcare, and financial services. Founded in 2007, the fund has about $290 million in assets under management with a portfolio of 33 companies in over 20 countries. Bamboo Capital Partners provides a full suite of financial instruments from debt to equity. The fund has offices in Luxembourg, Geneva, Bogota, Nairobi, and Singapore.

Better Ventures

  • Website: https://www.better.vc/
  • Impact area: sustainability, health
  • Location: Oakland, California, USA
  • Year founded: 2010

Better Ventures is an impact venture capital firm investing in software, data science, and life science startups that deliver progress towards achieving the United Nations’ Sustainable Development Goals. Better Ventures typically invests $500,000 at the pre-seed stage, gets actively involved with their founders, and provides larger follow-on investments. The themes they target are sustainable economy, data-driven health, and adaptive workforce.

BlueOrchard Finance

Switzerland-based BlueOrchard Finance is an impact investing asset manager specializing in debt financing for microfinance institutions worldwide. The firm acts as an intermediary between microfinance lenders and investors that look for financial and social returns. Since its inception in 2001, BlueOrchard has made over $8 billion in loans to microfinance institutions. Microloans enable the poor worldwide to start and grow their businesses, potentially lifting them out of poverty.

Bridges Fund Management 

Bridges Fund Management is a fund manager dedicated to sustainable and impact investment. The fund invests along four impact themes: health and wellbeing, education and skills, sustainable living, and underserved markets. The fund raised $1 billion since it was established in 2004. Bridges is headquartered in London, with offices in New York and San Francisco.

The Builders Fund 

  • Website: www.thebuildersfund.com 
  • Impact area: sustainable food and agriculture, health, climate
  • Location: San Francisco, California, USA
  • Year founded: 2015

The Builders Fund is a private equity fund that invests in themes that include sustainable food and agriculture, health and wellness, climate solutions and resource efficiency, and human elevation and social justice. The fund makes $3 to $15 million equity investments in high-growth North American companies with revenues between $20 and $100 million, whose business models create positive social or environmental impact.

Calvert Impact Capital

Calvert Impact Capital is a nonprofit investment firm that provides financing to underserved communities worldwide. The firm has invested over $2 billion through its fixed income product, the Community Investment Note. The Note is available to both individuals and institutions. Its proceeds are loaned to around 100 mission-driven partners, such as community development financial institutions (CDFIs). These institutions, in turn, provide loans to small businesses and infrastructure projects in underserved and underbanked communities. Calvert Impact Capital does diligence on each of its partners and provides impact reporting.

Read the review of the Community Investment Note.

Capital Impact Partners

A nonprofit Community Development Financial Institution (CDFI), Capital Impact Partners offers an Investment Note to retail, accredited, and institutional investors. The fund uses the Note’s proceeds to give loans to underserved communities, lending over $2.7 billion since 1983. The minimum investment size of $1,000 helps democratize access to impact investing opportunities.

Read the review of the Capital Impact Investment Notes.

Capria Ventures

  • Website: https://capria.vc/
  • Impact area: development
  • Location: Seattle, Washington, USA
  • Year founded: 2015

Capria is an impact fund of funds that invests in leading emerging markets fund managers. They want to capitalize on the local managers’ on-the-ground expertise. Capria has over $100 million in assets, invested via partners and directly in India. Capria’s network of investing partners manages more than $400 million in assets in early-stage and early-growth companies in emerging markets. Capria has offices in Seattle, Paris, Santiago, Bangalore, and Nairobi.

Circulate Capital

Circulate Capital is a venture capital firm focused on reducing ocean plastic waste in South and Southeast Asia. These regions contribute disproportionately to ocean plastic pollution. Circulate Capital funds companies and projects that divert waste from the oceans and into recycling. The company invests $2 million plus in entities that offer more efficient plastic waste collection or more professional management to the plastic waste infrastructure. The firm was created in collaboration with leading global corporations such as PepsiCo, Procter & Gamble, Dow, Danone, and others.

City Light Capital

Website: https://citylight.vc/
Impact area: education, safety and care, and the environment
Location: New York, New York, USA
Year founded: 2004

City Light is a venture capital firm that invests in early-stage impact companies in education, safety and care, and the environment. They seek companies that generate positive social or environmental impact. City Light manages a seed portfolio of more than 50 companies, all of which report financial, operational, and impact KPIs. The firm was founded in 2004 and is based in New York, New York. 

CNote Group

CNote is a women-lend impact investment platform that allows retail and institutional investors to lend to community development financial institutions (CDFIs). CDFIs, in turn, led to businesses and infrastructure projects in underserved areas across the U.S. CNote was founded in 2016 by two women with decades of experience working in finance, venture capital, and private equity. CNote is headquartered in Oakland, California.

Read the review.

Closed Loop Partners

New York-based Closed Loop Partners is a venture capital, private equity, and project finance firm investing in sustainable consumer goods, advanced recycling technologies, and the circular economy. The fund seeks businesses involved in materials innovation, advanced recycling technologies, supply chain optimization, and landfill diversion. They have 45 portfolio companies.

Congruent Ventures

Congruent Ventures is an early-stage venture capital firm that seeks to invest in technology companies that positively impact energy and resource consumption. Their investment themes include urbanization and mobility, clean energy transition, food and agriculture, and industrial and supply chain innovation. The San Francisco-based firm has raised $175 million for its latest fund and has $300 million in assets under management. It was founded by Abe Yokell and Joshua Posamentier, two investors with over 20 years of experience investing in the climate space.

Core Innovation Capital

  • Website: http://corevc.com/
  • Impact area: financial inclusion
  • Location: Los Angeles, California, USA
  • Year founded: 2011

Core Innovation Capital is a fintech venture capital firm investing in early-stage companies that serve underbanked American consumers. They are looking for high-growth, for-profit businesses that deliver value to middle America. The fund writes $100,000 to $10 million checks; past investments include companies like NerdWallet, Ripple, and Oportun.

Craft3

Craft3 is a nonprofit community development financial institution (CDFI) lending capital to the Pacific Northwest communities. It is the largest CDFI loan fund in Washington and Oregon. The fund has $166m in assets under management, investing from as little as $5,000 to as much as $12 million. Craft3 is governed by a 12-member volunteer Board representing the communities they serve.

Creation Investments Capital Management

  • Website: https://creationinvestments.com
  • Impact area: financial inclusion, small business development, microfinance
  • Location: Chicago, Illinois, USA
  • Year founded: 2007

Creation is an alternative investment firm focused on financial inclusion. They make equity and debt investments in microfinance institutions, small and medium business lenders, and factoring providers. The end goal is to provide the unbanked and the underbanked with access to capital. Creation manages over $700m in assets. Given the exclusive focus on financial inclusion, Creation has developed deep domain expertise in its niche.

CrossBoundary LLC

Based in Nairobi, Kenya, CrossBoundary is an investment manager focused on infrastructure projects in underserved markets in Africa. They have deployed two renewable energy funds in Africa, recently exiting the first one. The second energy fund, CrossBoundary Energy Access, is Africa’s first project finance fund for mini-grids. It has raised and committed $18 million to solar mini-grids electrifying rural communities in sub-Saharan Africa. The third fund, CrossBoundary Educational Infrastructure, is fundraising to develop and finance school campuses and student housing across African markets.

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DBL Partners

  • Website: http://www.dblpartners.vc/
  • Impact area: clean energy, conservation, transportation, the future of work, agriculture and food
  • Location: San Francisco, California, USA
  • Year founded: 2004

DBL Partners is a venture capital fund that invests in clean energy, conservation and resource optimization, transportation and mobility, the future of work, agriculture and food, and space and earth sectors. The fund seeks to deliver top-tier VC returns while promoting social, environmental, and economic impact. DBL’s portfolio companies included Tesla/SolarCity, PowerLight (acquired by SunPower), NEXTracker (acquired by Flextronics), The RealReal, and many others. DBL’s Fund III portfolio has 50% (as of November 2020) women founders, a metric that DBL has tracked since 2005.

EcoEnterprises Fund

EcoEnterprises Fund is an investment manager focused on sustainable use of natural resources, ecosystem conservation, biodiversity, and climate risk mitigation in Latin America. The firm is currently investing its third fund. The first two funds have invested in 34 companies in organic agriculture, aquaculture, ecotourism, sustainable forestry, and non-timber forest products. The fund is women-owned and managed.

Ecosystem Integrity Fund (EIF)

The Ecosystem Integrity Fund (EIF) is a venture capital firm focused on environmental sustainability. Their investment areas include renewable energy, energy efficiency, waste reduction, green chemistry, power grid management, transportation, agriculture, water, and natural foods. EIF targets overlooked niches within sustainability without material technology risks or big capital requirements. They also look for companies that are making incremental improvements rather than disruptors.

Ecotrust Forest Management

  • Website: https://efmi.com/
  • Impact area: forestland
  • Location: Portland, Oregon, USA
  • Year founded: 2004

Founded in 2004 and based in Portland, Oregon, Ecotrust Forest Management (EFM) is a forest land investment and management company. It has a longtime track record of managing more than 100,000 acres in Oregon, Washington, and California. The forests are managed to produce a full range of goods and services – logs for mills, clean water for communities, carbon sequestration, and biodiversity. Their ten-person team has deep experience in forestland investment and management. EFM has around $190m in assets under management.

Energy Foundry

Energy Foundry is a Chicago-based venture fund that invests in early-stage energy and cleantech startups. They search for companies with transformational technologies, high growth, and talented management teams.

Finance in Motion

Finance in Motion is an asset management firm exclusively focused on sustainable development in emerging markets. With over 800 million euros in assets, Finance in Motion seeks investments that address climate change, strengthen biodiversity conservation, foster the sustainable use of natural resources, and promote economic opportunities. Since 2009, Finance in Motion has invested nearly five billion euros in impact investments in emerging markets.

HCAP Partners

  • Website: https://www.hcapllc.com/
  • Impact area: small business financing
  • Location: San Diego, California, USA
  • Year founded: 2000

Founded in 2000, HCAP Partners is a private equity firm focused on impact investments in the lower middle market. HCAP generally invests in established businesses with $10-$100 million in revenues in the Western U.S. They write checks between $2 and $5 million. HCAP Partners seeks out businesses that are underserved by traditional capital providers, including companies and individuals located in low-income areas.

Housing Partnership Equity Trust

Housing Partnership Equity Trust (HPET) is a social purpose REIT that acquires and preserves affordable housing in partnership with leading nonprofit housing owners and operators. HPET was started by 13 nonprofit developers with the goal of preserving affordable housing. Today, HPET’s 15 nonprofit partners include the 14 largest affordable housing developers and operators who own a combined portfolio of over 100,000 units in 39 states.

Illumen Capital

Illumen Capital is a Black-owned and operated impact fund of funds that seeks to reduce racial and gender bias in investing. They evaluate fund managers through a diligence process that emphasizes financial return and impact. Having worked with social psychologists at Stanford, Illumen Capital delivers bias reduction coaching to fund managers, helping them invest in underestimated women and people of color.

Impact Engine Management

  • Website: https://www.theimpactengine.com
  • Impact area: health, education, economic empowerment, and environmental sustainability
  • Location: Chicago, Illinois, United States
  • Year founded: 2012

Impact Engine is a women-owned and led, Chicago-based venture capital and private equity firm making impact investments in companies involved in health, education, economic empowerment, and environmental sustainability. They invest across different company growth stages. Impact Engine is committed to diversity: three out of four investment partners are female, and three out of four partners are non-white. Further, 44% of portfolio companies CEOs are women, and 24% are non-white. 

Impact America Fund

Impact America Fund is a venture capital fund investing in software and technology-enabled solutions for underserved Americans. They invest in early-stage, fast-growing companies in health and wellness, education, and financial inclusion sectors. Impact America writes checks between $250,000 and $2 million. 

InvestEco Capital Corporation

Toronto-based InvestEco is a venture capital fund investing in expansion-stage, sustainable food companies in North America. They typically invest between $1 and $30 million, holding positions for about seven years. Since 2002, InvestEco has invested in over fifteen private companies, including Vital Farms, Lesser Evil, and Maple Hill Creamery.

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LeapFrog Investments

LeapFrog Investments is a private equity firm investing in financial services and healthcare companies in emerging Asia and Africa. The firm has invested over $1 billion since 2007. LeapFrog writes $10 to $50 million checks for majority or influential minority stakes in growing companies that help low-income consumers rise out of poverty.

Lendable

Lendable is a leading debt provider to fintech companies in Africa and Southeast Asia. Borrowers include asset lenders, micro, small and medium enterprise lenders, marketplaces, consumer lenders, and payment platforms. These businesses provide financial services to underserved and underbanked consumers in their markets. The Lendable team originates, structures, underwrites and monitors transactions from global offices in London, Nairobi, New York, and Singapore.

Local Initiatives Support Corporation (LISC)

  • Website: https://www.lisc.org/
  • Impact area: community development
  • Location: New York, New York, USA
  • Year founded: 1979

Local Initiatives Support Corporation (LISC) is a nonprofit community development financial institution (CDFI). Since 1979, LISC has invested $22 billion in urban neighborhoods and rural communities. LISC’s investments include affordable housing, health, education, public safety, and employment. At the end of 2019, LISC’s had over $968 million in assets. 

Low Income Investment Fund (LIIF)

  • Website: https://www.liifund.org/
  • Impact area: community development
  • Location: San Francisco, California, USA
  • Year founded: 1984

Founded in 1984 and headquartered in San Francisco, the Low Income Investment Fund (LIIF) is an S&P-rated nonprofit that offers investors a way to create opportunities for low-income people and communities through the LIIF Impact Note. Over its history, LIIF has invested $2.8 billion in American low-income communities. Since its inception, the portfolio has had a default rate of 0.28% and a 100% repayment rate. LIIF is a certified CDFI.

Maycomb Capital

Maycomb Capital is an impact investing platform supporting communities. The Community Outcomes Fund, one of Maycomb Capital’s flagship funds, invests in public-private partnerships that deliver high-impact services. The fund’s deal pipeline includes nonprofit and for profit services providers such as early childhood education organizations. The fund implements outcomes financing, also known as Pay for Success, which backs services that can measurably improve outcomes in low-income communities.

Media Development Investment Fund

  • Website: https://www.mdif.org/
  • Impact area: media freedom
  • Location: New York, New York, USA
  • Year founded: 1996

Media Development Investment Fund (MDIF) is a nonprofit investment fund providing debt and equity financing to independent media businesses in countries with a history of media oppression. It also offers technical assistance to independent news outlets. MDIF has invested more than $240 million in over 128 independent news businesses in 44 countries since 1996. As of 2020, the fund had $112 million in assets across 48 media businesses in 30 countries.

MicroVest Capital Management

  • Website: https://microvestfund.com/
  • Impact area: microfinance, global poverty, financial inclusion
  • Location: Bethesda, Maryland, USA
  • Year founded: 2003

MicroVest Capital Management (MicroVest) is an asset manager that lends to microfinance institutions. Its partners then lend to underbanked borrowers or small businesses in emerging and frontier markets. Since 2003, MicroVest has lent more than $1 billion to over 200 responsible financial institutions (RFIs) in 60 countries. In 2020, MicroVest became a Certified B Corp. MicroVest believes that its investments can generate a consistent risk-adjusted rate of return with a low or negative correlation to broader market indices in addition to positive social impact.

Mirova

Mirova is a sustainable investing subsidiary of French asset manager Natixis. With over $16 billion in assets under management, Mirova creates investment solutions for institutional and retail investors across multiple asset classes: listed equities, fixed income, energy transition infrastructure, and natural capital investing. Mirova’s Natural Capital Platform, based in London and Paris, targets investments at the nexus between sustainable production and biodiversity conservation.

New Age Capital

  • Website: https://www.newage.vc/
  • Impact area: diversity and inclusion
  • Location: New York, New York, USA
  • Year founded: 2016

New Age Capital is a seed-stage venture capital firm that invests in tech and tech-enabled startups founded and led by Black and Latino entrepreneurs. The firm invests in U.S. companies in various sectors, including fintech, healthcare, retail tech, real estate tech, and transportation.

North Sky Capital

  • Website: https://northskycapital.com/
  • Impact area: energy, water, sustainable agriculture, health
  • Location: Minneapolis, Minnesota, USA
  • Year founded: 2000

Based in Minneapolis, North Sky Capital is an impact investment fund focused on private equity and sustainable infrastructure investments. The fund has managed $1.5 billion in investment commitments over its 20-year history. North Sky Capital seeks to deliver both financial returns and positive environmental and social impact. North Sky Capital funds target investments that align with the UN’s Sustainable Development Goals across industries such as energy generation and storage, transportation, water, sustainable agriculture, and healthy living and aging.

Pangaea Ventures

Pangaea Ventures is a venture capital firm that invests in hard tech companies developing solutions that address climate change, food and water security, poor health outcomes, high healthcare costs, antiquated infrastructure, broken supply chains, and hazardous environments. Since its founding in 2000, Pangaea Ventures has invested in over 30 companies.

Patamar Capital

  • Website: http://patamar.com/
  • Impact area: global poverty, financial inclusion
  • Location: Singapore
  • Year founded: 2011

Patamar Capital is a venture capital firm investing in early-stage businesses serving low and middle-income populations in South and Southeast Asia. They seek companies in sectors including financial services, e-commerce, and technology-enabled businesses in health care, education, and agriculture. Across its four funds, Patamar has invested in 23 companies. The investment team resides full-time in six countries across South and Southeast Asia.

Pearl Capital Partners

Pearl Capital Partners is a specialist agriculture investment firm that has been investing in small and medium-sized East African agribusinesses since 2005. They seek to generate financial returns for their investors while creating significant social impact.

PGIM Real Estate Impact Venture Partners

PGIM Real Estate’s Impact Value Partners (IVP) invests in sustainable real estate that benefits low-and moderate-income communities (such as affordable housing). It is a subsidiary of PGIM, the asset management business of Prudential Financial. The fund’s team has invested over $4.9 billion in real estate with impact characteristics since 2010. IVP’s women-led portfolio management team targets competitive risk-adjusted investment returns as well as positive impact.

Prime Impact Fund

Prime Impact Fund is a $50 million venture capital fund investing in transformative technology companies with climate impact potential. The fund targets high-risk, high-reward early-stage ventures, typically investing $1-2 million in the first round. Their goal is to address the financing gap in early-stage climate innovation. The fund has a long, fifteen-year time horizon and prioritizes climate impact above all else.

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Quona Capital

  • Website: https://quona.com/
  • Impact area: financial inclusion
  • Location: Washington, D.C., USA
  • Year founded: 2015

Quona Capital is a venture capital firm that invests in growth-stage fintech companies in emerging markets. The firm believes that technology can radically improve financial services for underserved consumers and businesses in Africa, Latin America, and Asia. The fund has invested in 39 companies; its assets under management exceed $360 million. Quona typically invests $2-6 million.

Reach Capital

Reach Capital is a venture capital fund investing in technology solutions for challenges in early childhood, K-12, and higher education. They invest in early-stage tech tools, applications, content, and services to improve educational opportunities for all children.

Reinvestment Fund

Reinvestment Fund is a social enterprise lending institution. Since 1985, the fund has lent over $2.5 billion to communities and social enterprises. Reinvestment Fund works nationally with offices in Philadelphia, Baltimore, and Atlanta.

Renewal Funds

Renewal Funds is a venture capital firm investing in early growth stage impact companies in Canada and the United States. The sectors they focus on are organic food and environmental innovation.

The Rise Fund

The Rise Fund is a $2 billion global fund committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. The Rise Fund is managed by TPG Growth, the growth equity and middle-market platform of the leading private equity firm TPG. Founded by Bill McGlashan, Jeff Skoll, and Bono, the fund is supported by a Founders’ Board that consists of philanthropists and impact investors.

Root Capital

  • Website: https://rootcapital.org/
  • Impact area: global poverty, agriculture
  • Location: Cambridge, Massachusetts, USA
  • Year founded: 1999

Root Capital is a nonprofit social investment fund that lends to and invests in small agricultural businesses in Africa and Latin America. Since 1999, the fund has loaned more than $1.2 billion to over 700 companies, reaching more than 2.3 million farm families and providing training to over 1,300 businesses.

Sarona Asset Management

Founded in 1953, Sarona is a private equity fund that invests in emerging and frontier markets. They target top-quartile returns while seeking to benefit local communities and the environment. Sarona focuses on small to mid-market companies providing goods and services to meet the growing needs of the rising middle class in these markets. Sarona is a certified B Corp.

SEAF

  • Website: https://www.seaf.com/
  • Impact area: community development, global poverty
  • Location: Washington, D.C., USA
  • Year founded: 1989

SEAF is a global impact private equity firm that provides growth capital and operational support to businesses in emerging markets. It was founded as a private equity investment subsidiary of the development organization CARE. SEAF hopes to realize attractive returns for its investors while making a measurable impact in local communities. Since 1989, SEAF has made more than 425 investments across 40 funds in more than 31 countries.

SJF Ventures

  • Website: https://sjfventures.com/
  • Impact area: resource efficiency, sustainability
  • Location: Durham, North Carolina, USA
  • Year founded: 1999

SJF Ventures is a venture capital firm focusing on the resource efficiency, sustainability, and technology-enhanced services sectors. The fund writes checks between $1 and $10 million. Target investment areas include efficiency and infrastructure, recycling, sustainable agriculture and food safety, health and wellness technology, education technology, and digital media and marketing services.

Small Business Community Capital

Small Business Community Capital (SBCC) is an impact asset manager investing in small and lower middle-market companies in the United States. They pursue investments in high-growth businesses with at least $1 million in EBITDA that can also deliver opportunities for societal transformation.

Social Impact Capital

Social Impact Capital is an impact venture capital firm targeting investments that can deliver top decile returns in addition to a positive social impact. Social Impact Capital focuses on the “essentials of human need” — energy, water, food, health, environment, education, housing, access to capital, and social justice. As a generalist fund, they look for the best ideas in impact.

Sonen Capital

  • Website: www.sonencapital.com
  • Impact area: various
  • Location: San Francisco, California, USA
  • Year founded: 2013

Sonen Capital is an impact investment management firm; its name is derived from Social and Environmental investing. Sonen Capital creates impact investing focused client portfolios across fixed income, equities, and real estate asset classes.

SoGal Ventures LLC

SoGal is a female-led millennial venture capital fund that invests in early-stage women and diverse entrepreneurs. Founded by Pocket Sun and Elizabeth Galbut in 2017 (when they were 24 and 26), SoGal has raised $15 million from individuals, family offices, corporates, and industry organizations and invested in 35 high-impact companies led by women and diverse teams around the world. The industries they focus on are consumer tech, digital health and wellness, and the future of work.

Spring Lane Capital

Spring Lane Capital is a venture capital fund that partners with entrepreneurs in energy, water, fund, food, and waste industries. They focus on providing “deployment capital” – project finance and growth capital together.

SunFunder Inc.

Founded in 2012 and based in Nairobi and London, SunFunder is a debt provider for solar financing in sub-Saharan Africa. As one of the few debt providers in solar financing, SunFunder has raised $150 million from public and private investors and has financed over 50 solar companies and projects. SunFunder offers diversified, high-impact, fixed income debt offerings of emerging market solar investments to its investors. Over 60% of SunFunder lending and credit teams are located in East Africa, close to their borrowers.

The Lyme Timber Company LP

Lyme Timber Company LP is a private timberland investment manager that focuses on the acquisition and sustainable management of lands. Since its founding in 1976, the Company has followed a value-oriented approach to investing in forestland and rural real estate in the U.S. and Canada. Lyme’s investments protect working forests and their ecological and economic values. Lyme has also developed forest carbon sequestration projects to ensure the maintenance of forests’ carbon stock and generate revenues from carbon offsets.

True Wealth Ventures

True Wealth Ventures is an early-stage, women-founded and led VC fund that invests in women-led companies improving environmental and human health. It usually invests at the seed stage, often leading deals and taking a Board seat. The firm focuses on large, high-growth markets, where women are the primary customers. Sara Brand established the firm in Austin, Texas, in 2015.

Turner Impact Capital

  • Website: https://turnerimpact.com/
  • Impact area: affordable housing, community development
  • Location: Santa Monica, California, USA
  • Year founded: 2013

Turner Impact Capital (TIC) is a real estate investment management firm addressing social issues. With over $1.3 billion in committed capital, TIC seeks to generate superior risk-adjusted returns by investing in markets that lack institutional capital and demonstrate large existing supply/demand mismatches of relevant community infrastructure. The firm is focused on the need for quality schools, healthcare facilities, and affordable rental housing.

University Ventures

University Ventures (UV) is an investment firm focused exclusively on the global higher education sector. The firm seeks to direct capital to develop programs that address economic and social issues.

Urban Us

  • Website: https://urban.us/
  • Impact area: climate
  • Location: Brooklyn, New York, USA
  • Year founded: 2013

Urban Us is an early-stage venture capital fund reimagining cities to combat climate change. The fund targets sectors like real estate, public safety, transport, logistics, water, energy, waste, air quality, construction, architecture, internet connectivity, and local government. Before Urban Us, their team built and sold multiple tech companies.

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Vital Capital

Vital Capital Fund is a $350 million private equity fund that invests in infrastructure opportunities in sub-Saharan Africa while also delivering attractive financial returns for investors. Since 2011, Vital has invested in the most impactful sectors across sub-Saharan Africa, such as healthcare, agro-industry and processing, sustainable infrastructure and education. Vital Capital’s team has over 30 years of on-the-ground experience in Africa.

WindSail Capital Group

WindSail is a venture capital firm that provides growth capital to early-stage companies advancing energy innovation and sustainability. WindSail’s investments typically range from $2 million to $10 million and are in the form of a secured loan. They are focused on revenue-generating North American businesses in the energy space with little to no technology risk.

Wireframe Ventures

Wireframe Ventures is a venture capital firm investing at the seed and pre-seed stage. They seek to back businesses that positively impact the people and the planet. The fund’s initial check size is from $250,000 to $1 million.

Women’s World Banking Asset Management

Women’s World Banking Asset Management (WAM) invests in women-focused, inclusive financial service providers worldwide, focusing on low-income women and emerging markets. They partner with financial services providers, run a gender-lens private equity fund, and provide leadership and diversity programs.