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Innovations for Impact is an impact investing fund that backs social impact ventures integrating financial and social objectives into sustainable business models for lasting social change. The fund strategically deploys capital into companies prioritizing both robust financial returns and measurable societal benefits across a diverse range of sectors. Led by veteran investors Mike Dorsey and Charles Froland, the organization leverages their collective extensive experience in both traditional finance and social enterprise to identify and cultivate promising opportunities. Innovations for Impact's investment strategy targets early to growth-stage companies demonstrating clear pathways to scale in critical areas such as education, healthcare, and environmental sustainability. The fund's approach emphasizes rigorous due diligence, active portfolio management, and strategic guidance to ensure portfolio companies achieve their dual mandate of financial performance and positive societal contribution. This commitment aims to foster a new generation of enterprises capable of addressing pressing global challenges.
Innovations for Impact has 1 tracked investment across 1 company. The latest tracked deal is $3.0M Seed in MemoryWell in March 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2021 | MemoryWell | $3.0M Seed | Andrew Feinberg | Gutbrain Ventures, MissionOG, ONE Planet Group, Josh Mintz, Kevin LIN, Andy Palmer, Anne Wojcicki, BOB Reed, Esther Dyson, General David H. Petraeus, US Army (Ret.), Geoff Price, James Pallotta, Jeremy LIM, Robert Ciardi, Ronnie Lott, Sean Glass, Stephen Pomeranz, Inflect Health, PBJ Capital, Pixel Perfect Ventures |