Letter from the Manager: A Strong Start in 2022

­

Starting a fund is never easy, but with your support (and investment!) RevFund is closing out 2022 on a high note.  Here are some key milestones:

• Closed first tranche of $1M invested, September 2022

• Second tranche of $2M total invested closing early 2023

• Funded first investment in Aleria, a DEI platform for enterprise

• Four more investments approved with term sheets in progress

• 14% of applicant companies sent to Investment Committee review (12/84)

• Investment recommended for 70% of companies completing diligence

We are always looking for investable social impact ventures. Please send your referrals to our application link or forward this newsletter:  Apply to RevFund

Cheers,

Stephan Erkelens, Fund Manager

What is Impact Investing?

Impact investments are “made with the intention to generate positive, measurable social and environmental impact, alongside a financial return.” The intentions of impact investing are explicit and target outcomes in “underserved”

areas.1   – Mercer, “Raising Your Impact Ambition” 2022 

RevFund invests in ventures that seek to solve some of the world's greatest social challenges.  Impact investing supports companies with a social impact mission and a sustainable financial model, otherwise known as a “double bottom line”.  In particular, our investment thesis targets companies whose mission addresses social impact among marginalized populations or resource efficiency.  RevFund portfolio and diligence companies like Aleria, Shoonya, FlickPower, and Parenting Autism reflect these criteria.  To read more about impact investing, click the button below for the full Mercer report.

1GIIN, 2021, available at https://thegiin.org/impact-investing/need-to-know/#what-is-impact-investing.