We are pleased to announce the members of our newly formed Advisory Board!
These experienced investors and entrepreneurs provide us their expert counsel on the impact investing industry, investment firm building, and more. We are thrilled to formally recognize their important contributions to Impact Engine. Read Advisory Board bios.
Why We Invested
Studies say 90% of brain development happens before the age of 5. But the supply of early childhood education in the US is severely hampered, exacerbated by the COVID-19 pandemic. Today 51% of Americans live in a child care desert, largely low-income and minority communities.
Acelero is a platform serving low income communities as a direct operator of Head Start centers and via tech-enabled services to various states and municipalities. Keep reading why we invested in Acelero...
Although 83% of organizations are collecting diversity, equity, and inclusion data, only a handful are analyzing pay equity and performance equity.
Dandi is the data analytics platform for DEI, enabling organizations to make data-driven decisions. Dandi starts by pulling in information from any major HR information system or data store, and then allows anyone from CEOs to DEI teams to analyze the organization at a macro level and drill down for specific intersectional insights. Keep reading why we invested in Dandi...
Portfolio news
Afresh is working overtime to reduce food waste with its proprietary technology deployed in grocery stores. Minnesota-based Cub Foods (part of United Natural Foods, the largest publicly traded grocery wholesaler in the US) recently shared it has achieved an impressive 18% reduction in produce shrinkage thanks to Afresh. And it's not just grocery stores taking notice; this month Afresh also won the Sustainability Impact Award from Progressive Grocer Magazine. The timing couldn't be better as a new poll shows nearly two thirds of Americans now agree food waste is a "very big problem."
Carbon Direct announced the hiring of its first head of climate justice, Dr. Christian Braneon formerly of Columbia University's Earth Institute. Dr Braneon, known for his climate research at NASA, says "We want to make sure that our clients understand all the different dimensions of their impact. In our platform right now, you can get a sense for the tons that you’re managing now and your carbon impact. But what we need to shift to is understanding your broader impact: How many jobs did you create? What’s the quality of those jobs?"
Circuit is expanding its electric shared mobility solution to Washington DC. As part of a new initiative announced by Mayor Muriel Bowser to create a Mobility Innovation District, Circuit won the call for projects to improve transportation in the city's Southwest neighborhood by providing $2 rides within a special zone.
Sign up for the Impact Engine newsletter.
Disclaimer: These materials are intended for informational purposes only and may not be relied upon for making any investment decision. Information provided in these materials is believed to be accurate; however, Impact Engine makes no guarantees as to the accuracy of information provided. This document does not constitute an offer to sell or a solicitation to buy any securities in any fund, market sector, strategy or any other product managed by Impact Engine and may not be relied upon in connection with any offer or sale of securities. Impact Engine has not compensated any party for and is not aware of any material conflicts of interest arising from any ranking, endorsement, or testimonial referenced in these materials. Read full terms.