Company Criteria

	
		Early-Stage
         
		Late-Stage
	
		  Stage
	    	
Typically Seed and Series A rounds in companies who have demonstrated some level of product-market fit via revenues

Typically Series B or later in companies who have more than $10M in revenues and are EBITDA positive now or in less than 12 months with evidence of well-established product-market fit and a scalable, repeatable sales process

		  Investment Size
		    
$250K-$500K up front with reserves for follow-on

$2M-$3M up front with reserves for follow-on

		  Sector
          
Software or software-enabled services, where the core product or service drives positive impact in one of our three impact themes, so that revenues and impact grow in tandem and there is minimal tension between the two

Primarily software or software-enabled services but open to other sectors with an expert lead investor aligned on impact goals

		  Geography
          
Headquartered in the US or Canada

Headquartered in the US or Canada but open to other geographies if the lead investor knows the geography and has a local presence

We typically participate in syndicates, and can help create them, but are also comfortable leading small rounds at the early stage.

We are committed to adding value to our portfolio. Partner Roger Liew is dedicated to portfolio support, using his extensive technology and operating experience to help companies through the ups and downs of scaling. Our entire team also contributes in other ways such as through strategic introductions for fundraising or sales, or improving impact measurement and management.

Every portfolio company must participate in our impact diligence process, sign our Impact Commitment, and report impact metrics to us on an ongoing basis.

WHAT WE DO NOT INVEST IN:

Companies that rely on a buy-one, give-one model (i.e. giving away a product or percentage of profits to charity)
Nonprofit infrastructure technology or volunteer matching programs
Products that require a lengthy or expensive regulatory approval process
Consulting models

If you meet our requirements listed above, please email your overview for our team to review.

Explore our existing portfolio of company investments.