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ImpactAssets

North America, Maryland, United States, Bethesda

Description

ImpactAssets is a pioneering nonprofit financial services firm based in Bethesda, Maryland, dedicated to accelerating capital for a more just and sustainable world. Established in 2010, the organization empowers philanthropists and individual investors to engage in impact investing through innovative financial solutions, primarily its Donor Advised Fund (DAF). Unlike traditional venture capital firms, ImpactAssets acts as a facilitator, enabling donors to recommend investments into a wide array of impact-focused companies, organizations, and funds across various asset classes, including private equity, private debt, and public markets. This unique model allows for significant flexibility and customization in aligning financial goals with social and environmental impact objectives.

The firm's strategic approach focuses on identifying and supporting high-impact opportunities that address critical global challenges. Their investment themes span climate solutions, health equity, economic opportunity, and racial justice, among others. ImpactAssets is well-known for its annual "ImpactAssets 50" (IA 50), a curated list of leading impact fund managers, which serves as a valuable resource for donors seeking to deploy capital into vetted impact investment vehicles. This initiative helps to channel significant capital towards innovative solutions in underserved markets and sectors.

ImpactAssets has demonstrated substantial growth and impact since its inception. As of their 2023 impact report, the firm reported managing over $2.5 billion in donor assets under management (AUM), reflecting the increasing appetite for impact investing among philanthropic and individual investors. Cumulatively, they have facilitated over $1.7 billion in impact investments to date, showcasing their significant role in mobilizing capital for positive change. While they do not make "first cheques" from their own balance sheet in the traditional sense, they enable a broad range of investment sizes. For instance, participation in specific ImpactAssets-managed funds, such as their Racial Justice Fund, can begin with a minimum of $25,000, while larger private fund allocations facilitated through their DAF can extend into multi-million dollar commitments, reflecting the diverse scale of their donor's philanthropic and investment goals.

Investor Profile

ImpactAssets has backed more than 30 startups, with 2 new investments in the last 12 months alone. The firm has led 6 rounds, about 20% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Kenya, India.
  • Strong thematic focus on Artificial Intelligence (AI), Biotechnology, Health Care.
  • Typical check size: $25K – $10M.

Stage Focus

  • Seed (33%)
  • Series A (17%)
  • Series B (10%)
  • Angel (10%)
  • Debt Financing (7%)
  • Pre Seed (7%)
  • Series C (3%)
  • Grant (3%)
  • Undisclosed (3%)
  • Series Unknown (3%)

Country Focus

  • United States (70%)
  • Kenya (7%)
  • India (7%)
  • Ghana (7%)
  • Rwanda (3%)
  • Mali (3%)
  • Chile (3%)

Industry Focus

  • Artificial Intelligence (Ai)
  • Biotechnology
  • Health Care
  • Software
  • Agriculture
  • Agtech
  • Saas
  • Energy
  • Medical
  • Solar
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does ImpactAssets frequently co-invest with?

Techstars
North America, Colorado, United States, Boulder
Co-Investments: 2
Gilead Sciences
North America, California, United States, Foster City
Co-Investments: 1
AIG Investments
North America, New York, United States, New York
Co-Investments: 1
Blue Haven Initiative
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Mass General Brigham Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 1
Limitless Ventures
North America, Utah, United States, South Jordan
Co-Investments: 1
CG
North America, California, United States, Oakland
Co-Investments: 2
HOPU Investment Management Company
Asia, Hebei, China, Xicheng
Co-Investments: 1
THE CATALYTIC IMPACT FOUNDATION (CIF)
North America, New York, United States, New York
Co-Investments: 2
Invus
North America, New York, United States, New York
Co-Investments: 1

Which angels does ImpactAssets often collaborate with?

Samir Shah
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
KT
North America, New York, United States, New York
Shared Deals: 1
GA
North America, California, United States, San Francisco
Shared Deals: 1
KM
North America, Colorado, United States, Denver
Shared Deals: 1

What are some of recent deals done by ImpactAssets?

Affinity

Accra, Greater Accra, Ghana

Affinity is a financial solutions company that provides financial inclusion, advisory, and literacy services.

ConsultingFinanceFinancial Services
SeedFeb 11, 2025
Amount Raised: $8,000,000
Alpha Design AI

Goleta, California, United States

Alpha Design AI revolutionizes chip design and verification with Agentic AI, boosting RTL productivity 10x for smarter, faster innovation.

Artificial Intelligence (AI)SaaSSemiconductorSoftware
Pre SeedAug 7, 2024
Amount Raised: $3,090,000
Novobeing

Wakefield, Massachusetts, United States

Novobeing harnesses virtual and mixed reality to transform healthcare, enabling companies to offer on-demand wellness experiences.

Health CareMedicalSoftwareTherapeuticsVirtual RealityWellness
UndisclosedJan 23, 2024
PosiGen

Metairie, Louisiana, United States

PosiGen is on a mission to make solar affordable and easy to access for homeowners.

Clean EnergyEnergyGreenTechRenewable EnergySolar
Debt FinancingAug 15, 2023
Amount Raised: $12,000,000
Mad capital

Boulder, Colorado, United States

Mad Capital provides finance for agricultural sector to build regenerative organic farmers.

AgricultureCreditFinance
SeedDec 13, 2022
Amount Raised: $4,000,000
Cropin

Bengaluru, Karnataka, India

Cropin is an AI and data-led agri-tech​ organization that provides SaaS solutions to agribusinesses globally using deep learning.

AgTechArtificial Intelligence (AI)Cloud Data Services
Series DDec 9, 2022
Amount Raised: $13,755,442
Goodr

Atlanta, Georgia, United States

Goodr is a sustainable surplus food management platform that leverages technology to reduce food waste and combat hunger.

Food DeliverySaaSSocial ImpactSustainabilityWaste Management
Series AJun 23, 2022
Amount Raised: $7,871,556
Massive Bio

New York, New York, United States

Massive Bio is an AI powered oncology platform that connects patients to clinical trials while enabling pharma to get access to patients.

Artificial Intelligence (AI)Big DataBiotechnologyHealth CareMachine LearningMedicalNatural Language ProcessingOncologyPharmaceuticalTherapeutics
Series BJun 2, 2022
Amount Raised: $17,000,000
MindRight Health

Newark, New Jersey, United States

MindRight Health offers culturally-responsive mental health coaching over a text message.

Health CareMental HealthPsychologySMS
SeedMay 24, 2022
Amount Raised: $1,780,000
The Public Health Company

Palo Alto, California, United States

Developing the first global biosecurity platform to provide enterprises a SaaS-enabled service for the management of bio-risks.

BiotechnologySaaSSoftware
Series AMay 1, 2022
Amount Raised: $35,000,000