Our Impact
Investing in impact that lasts
How we see impact
“Impact is not a filter at the end of an investment process.”
Social impact shapes how we see the world, the decisions we make, and the partners we choose to back. We invest in ventures that make society more inclusive, fair and safe. Solutions that strengthen social structures and improve lives.
For us, impact investing is both a rigorous discipline and a deeply human endeavour. Financial return and social progress go hand-in-hand. They reinforce each other when incentives and mission are aligned.
This is the north star that guides all our investment decisions.
impact ventures supported
invested
people reached
Our Theory of Change
Impact
Long-term systemic change
We aim to improve equal opportunities for 1 million people to participate meaningfully in society.
Outcome
Meaningful change for people & systems
PEOPLE
Expanding equitable opportunities for vulnerable groups to develop and participate fully in society.
Direct results of our investments and activities on people
More people achieve financial stability and reduced debt.
More people have improved wellbeing including access to leisure, culture, and recreation.
More people gain access to meaningful employment.
More newcomers participate fully in society.
Systems
Advancing institutional equity by building fairer, more inclusive, and safer systems.
Direct results of our investments and activities on institutions / systems
More human-centred and inclusive education.
Greater worker representation within value chains.
Reduced bias, discrimination, and misuse within systems.
Increased access to transparent and trustworthy information.
ACTIVITIES
Investing in enterprises actively working on social equality and inclusion
Supporting portfolio companies in growth, governance, and impact measurement / reporting
Attracting investors who pursue both impact and financial returns
Through our investments, we aim to expand equitable opportunities for individuals, for example by improving access to financial stability, employment, education, and trustworthy information. At the same time, we support companies that contribute to fairer, more inclusive, and safer systems.
This Theory of Change helps us stay focused on what matters: linking our activities, investing, supporting, and scaling companies, to tangible outcomes for people, and to broader shifts within the systems they operate in.
How we assess impact
We use a structured framework to evaluate the quality and potential of every venture’s impact. We start with four gatekeeper questions, all four of which need a clear yes before we go further:
1
VC Fit
Is the company a good fit for venture capital investment?
2
Alignment
Does the venture contribute to an equal, safe and inclusive society, in line with our Theory of Change?
3
Lockstep
Does impact grow alongside the business? Are mission and model in lockstep?
4
Momentum
Are there signs of systemic change already happening in this sector?
From there, we look at how the company contributes to change (e.g. expanding access, shifting incentives, increasing transparency, or directly solving a problem).
And finally, we assess the nature of the impact:
- its reach (how many people benefit), and
- its depth (how meaningfully their lives change).
Our goal is not to score companies, but to understand where their contribution is real, and where venture capital can genuinely accelerate it.
Thinking about Impact
We also like to think out loud. Below are some of our reflections on what impact investing really means to us.
Impact Reporting
Transparency is part of how we work.
We publish our impact as a living record on this site – updated throughout the year as we measure, learn, and share what the ventures in our portfolio are achieving.
Looking for funding?
You have an early-stage company that make society more inclusive, fair, and safe? Let’s see if we’d be a good fit to support you