RevFund Adds Two
Portfolio Companies
Letter from the Manager: Strong Start to 2023
As we start 2023, RevFund is excited to announce two more investments:
Parenting Autism, a community-building and resource platform, and
Prenostik, EdTech software to reduce underserved university student dropout rates.
We'd like to thank the hard-working diligence teams involved in these investments as well as our investors and partners. Thank you for your commitment to social impact. With your help we can tackle the world's most pressing social challenges and make a difference.
We are always looking for investable social impact ventures. Please send your referrals to our application link or forward this newsletter.
Stephan Erkelens, Fund Manager
Impact Investing Isn't ESG
A recent op-ed in Impact Entrepreneur Magazine explains that “Impact investing isn’t the same as ESG investing.” Here are some key takeaways:
The terms “impact investing” and “ESG” (Environmental, Social, and Governance) are not synonyms.
If you look through the list of thousands of other public companies, you’ll find a significant number with high ESG scores but very few that have an actual positive impact.
Simply put, ESG measures how a company operates while impact measures what a company does.
See the full article in Impact Entrepreneur Magazine.
Source: Impact Entrepreneur and SSIR
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