Impact Report 2025
In 2025, FroggyTalk, Monny and Smart Symbols joined our SI3 portfolio, bringing the total to 12 companies by year-end. Across the themes we focus on (equal opportunities, inclusion, and a safer society), we continue to see strong dealflow in poverty reduction, online safety, and access to work. As an impact VC, we look for scalable models, which usually comes with a meaningful technology component. Yet we see that many of the startups we back pair that technology with real human connection – a combination that runs through much of our portfolio. The data below reflects their combined output.
With this edition, we’re introducing a new format for impact reporting. Rather than an annual PDF, this report lives on our website, bringing together numbers and stories from our portfolio in one place. From 2026, we will update the numbers twice a year and publish impact stories throughout the year. This edition focuses on SI3 Fund only.
At a Glance
These impact numbers include SI3 Fund only.
Outputs
| SDG | People reached | Institutions reached |
|---|---|---|
| 13,375 | - | |
| 9,800 | 178 | |
| 70,037 | 13 | |
| 29,408 | 7 | |
| - | 129 | |
| Total | 122,620 | 327 |
People reached means to us how many people are meaningfully affected positively. We calculate this differently per company. It might be the intensity of the use of an app or platform for example.
Impact Stories
Curious what's behind these numbers?
Our Theory of Change and impact framework shape every investment we make, and how we measure what it achieves.




