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Social Impact Capital

North America, New York, United States, New York

Description

Social Impact Capital is a New York-based venture capital firm uniquely positioned at the intersection of financial returns and social good. Founded with a mission to invest in companies addressing the essentials of human need, the firm targets sectors critical to societal well-being, including health, education, food, water, housing, and energy. Their investment philosophy is rooted in the belief that commercially viable businesses can also be powerful engines for positive social change, aiming to generate market-rate financial returns alongside measurable and significant impact.

The firm primarily focuses on early-stage companies, typically participating in Seed to Series A rounds. They seek out innovative businesses that offer scalable solutions to pressing global challenges, providing not just capital but also strategic guidance and access to a network that helps accelerate growth and amplify impact. Social Impact Capital's rigorous due diligence process evaluates both the financial viability and the inherent social benefit of potential portfolio companies, ensuring alignment with their dual mandate.

Social Impact Capital has established a robust portfolio, having made over 50 investments in companies that are poised to make a substantial difference in their respective fields. Their typical initial investment check ranges from $500,000 to $3,000,000, reflecting their commitment to supporting promising ventures at critical junctures of their development. This targeted approach allows them to partner with founders who are building sustainable businesses with a core purpose of improving lives and fostering a more equitable and sustainable future.

Investor Profile

Social Impact Capital has backed more than 47 startups, with 1 new investments in the last 12 months alone. The firm has led 6 rounds, about 13% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Nicaragua.
  • Strong thematic focus on Biotechnology, Artificial Intelligence (AI), CleanTech.
  • Typical check size: $500K – $3M.

Stage Focus

  • Seed (57%)
  • Pre Seed (21%)
  • Series A (11%)
  • Series Unknown (4%)
  • Series B (2%)
  • Undisclosed (2%)
  • Series D (2%)

Country Focus

  • United States (83%)
  • United Kingdom (13%)
  • Nicaragua (2%)

Industry Focus

  • Biotechnology
  • Artificial Intelligence (Ai)
  • Cleantech
  • Information Technology
  • Food And Beverage
  • Agtech
  • Medical
  • Supply Chain Management
  • Greentech
  • Consumer Goods
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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 Social Impact Capital frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 3
Spark Capital
North America, California, United States, San Francisco
Co-Investments: 3
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 4
Horizons Ventures
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
IndieBio
North America, California, United States, San Francisco
Co-Investments: 2
Stray Dog Capital
North America, Kansas, United States, Leawood
Co-Investments: 3
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2
True Ventures
North America, California, United States, Palo Alto
Co-Investments: 6
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 4

Which angels does Social Impact Capital often collaborate with?

Akshay Singhal
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
Dhruv Chitgopekar
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
AK
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
AG
North America, Texas, United States, Austin
Shared Deals: 1
NR
North America, California, United States, San Francisco
Shared Deals: 2
Ashwin Kandoi
Asia, Maharashtra, India, Nasik
Shared Deals: 1
MS
North America, California, United States, San Francisco
Shared Deals: 1
Aryavrat Goenka
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
BH
North America, California, United States, Palo Alto
Shared Deals: 1
Arjun Vaidya
Asia, Maharashtra, India, Mumbai
Shared Deals: 1

What are some of recent deals done by Social Impact Capital?

Tumoni

Managua, Managua, Nicaragua

Tumoni is a fintech company that offers digital banking services through free remittances.

BankingFinancial ServicesFinTech
Pre SeedAug 22, 2024
Amount Raised: $2,290,000
Tiamat Sciences

Durham, North Carolina, United States

Tiamat Sciences makes plant-based growth factors & proteins for cell-culture

AgTechBiotechnologyFood and BeverageMedical
SeedMar 9, 2023
Amount Raised: $2,000,000
Quell

London, England, United Kingdom

Quell delivers a virtual fitness world that offers a unique experience of intense workout while gaming to achieve fitness goals.

FitnessGamingInformation TechnologyVirtual World
Series AFeb 20, 2023
Amount Raised: $9,630,942
Dextrous Robotics

Memphis, Tennessee, United States

Dextrous Robotics is a robotics company that develops AI-enabled warehouse robots.

Artificial Intelligence (AI)LogisticsRoboticsWarehouse Automation
SeedJan 1, 2023
Mozza

Los Angeles, California, United States

Mozza engages in developing the science to create real dairy cheese from plants.

BiotechnologyDairyFood and BeverageFood ProcessingOrganic Food
Series UnknownJun 14, 2022
Amount Raised: $9,380,976
Skillfully

San Francisco, California, United States

Skillful.ly builds AI-powered simulations enabling employers to see skills in action before they hire.

Artificial Intelligence (AI)Generative AIHuman ResourcesRecruiting
Pre SeedJun 1, 2022
Optivolt

San Francisco, California, United States

Millions of homes just became eligible for solar power.

EnergyEnergy EfficiencyRenewable EnergySolar
SeedMay 17, 2022
Amount Raised: $8,200,000
Voyage Foods

Oakland, California, United States

Voyage Foods is a food technology company making delicious, sustainable and accessible foods that are better for people and the planet.

Consumer GoodsFood and BeverageSustainability
Series AMay 5, 2022
Amount Raised: $36,000,000
Aether Diamonds

New York, New York, United States

Aether Diamonds produces the world's first and only diamonds made 100% from captured carbon.

Carbon CaptureCleanTechGreenTechJewelryPollution Control
Series AMar 2, 2022
Amount Raised: $18,300,000
Leverage

New York, New York, United States

Leverage delivers end-to-end supply chain management powered by artificial intelligence.

Artificial Intelligence (AI)Data VisualizationInformation ServicesInformation TechnologyProductivity ToolsSupply Chain Management
SeedFeb 8, 2022
Amount Raised: $5,000,000