Our mission is to bring more capital to a market where financial returns are linked to positive social and environmental impacts. We manage funds for institutions and individuals that invest in for-profit, positive-impact businesses in private markets, and we bring community together in service of building the impact investing field.
Impact Engine was launched in 2012 as an accelerator fund with the goal of identifying promising entrepreneurs starting businesses with the potential to drive both attractive financial returns and positive social impact. Impact Engine raised two subsequent accelerator funds in 2013 and 2014, all focused on investing in pre-seed stage companies. Across the three accelerator funds, Impact Engine invested in a portfolio of 23 companies.
Between 2015 and 2016, Impact Engine shifted its investment strategy and raised a $10 million venture fund, which invested in 22 companies. Between 2018 and 2019, we began operating as a public benefit corporation and raised a $25M second venture fund.
Our investors include institutions, family offices, foundations, and individuals who believe in investing for both financial return as well as social impact. We are also committed to cultivating community among our investors. Our goal is to help our investors learn from each other and leading-edge impact investors who deploy capital across asset classes and geographies.