Kachuwa Impact Fund | Investment Cooperative

Impact Company Investments

Investment Portfolio

Impact Company Investments

(View Impact Real Estate Investments)

Greenbacker Renewable Energy Company

Kansas City, Missouri

Key features:

• Renewable energy power producer.

• Acquires, constructs, and operates solar, wind, and biomass power plants throughout North America

Clean Energy Loan Portfolio (managed by Clean Energy Credit Union)

Englewood, Colorado

Key features:

• Clean Energy Credit Union is a not-for-profit cooperative that’s led by a woman of color.

• “Loan participation” investment in multiple, diversified portfolios of consumer loans that helped homeowners throughout the USA to finance their clean energy projects such as residential solar electric systems and geothermal heat pump systems.

Iroquois Valley Farmland REIT

Evanston, Illinois

Key features:

• Organic farmland real estate investment trust (REIT).

• Purchases and converts farmland for organic agriculture.

• Certified B-Corporation (B Impact Score = 135.2).

Ecotrust Forests I, II, and III (Managed by EFM)

Portland, Oregon

Key features:

• Sustainable forestry investment fund that purchases and manages forestlands in the Northwestern US for financial, ecological, and social returns.

• Fund management firm is majority women-owned and led.

• Certified B-Corporation (B Impact Score = 136.2).

Perennial Fund I and II (Managed by Mad Agriculture & Mad Capital)

Boulder, Colorado

Key features:

• Provides loans to farmers and ranchers throughout the U.S. to transition acreage to organic and regenerative production (which will in turn provide them with increased income relative to conventional production).

Equal Exchange

West Bridgewater, Massachusetts

Key features:

• Employee-owned cooperative with 150+ employees.

• Sells fair trade coffee and chocolate from small farmers in developing countries.

Namasté Solar

Boulder/Denver, Colorado

Key features:

• Employee-owned cooperative with 220+ employees.

• Designs and installs solar electric systems.

• Certified B-Corporation (B Impact Score = 123.5).

SJF Ventures III and V (Managed by SJF Ventures)

Durham, North Carolina

Key features:

• Impact venture capital funds that invest solely in impact companies.

• Certified B-Corporation (B Impact Score = 87.7).

Cedar Fund (Managed by Green Canopy)

Seattle, Washington

Key features:

• Net-zero energy home construction fund.

• Builds infill net-zero energy homes in urban Seattle and Portland.

Harlem Capital Partners Venture Fund I

New York, New York

Key features:

• Venture capital fund that invests solely in women and people of color founders.

• Fund management firm is majority owned and managed by people of color.

The Lyme Conservation Opportunities Fund (Managed by the Lyme Timber Company)

Hanover, New Hampshire

Key features:

• Fund that invests in conservation assets and focuses on carbon mitigation banks, forest carbon sequestration, and targeted conservation real estate investments.

• Fund management firm is 100% employee-owned.

Sarona Frontier Market U.S. Fund 3 LP

Canada and The Netherlands

Key features:

• Private equity firm that invests in impact companies in developing countries.

• Certified B-Corp (B Impact Score = 149.4).

Astia Fund I

San Francisco, California

Key features:

• Impact venture capital fund that invests solely in women-led companies.

• Fund management firm is a women-led, wholly owned subsidiary of a
501(c)(3) non-profit.

Cut Carbon Notes (by Calvert Impact)

Maryland

Key features:

• Fund managed by a 501(c)(3) non-profit, Calvert Impact.

• Finances sustainability upgrades for commercial buildings (e.g. renewable energy and energy efficiency upgrades) via commercial property-assessed clean energy (“CPACE”) bonds.

Dearfield Fund for Black Wealth

Denver, Colorado

Key features:

• Fund that’s led by a Black woman.

• Provides up to $40,000 in down-payment assistance to first-time Black homebuyers in Colorado to help build generational wealth.

Fabalish

Wallington, New Jersey

Key features:

• Majority owned and managed by women.

• Produces plant-based and allergen-friendly falafel and dips from chickpeas and aquafaba.

Walden Mutual Bank

Concord, New Hampshire

Key features:

• Mutual bank that focuses its lending on local food ecosystem.

• Certified B-Corporation (B Impact Score = 108.2).

Climate First Bank

St. Petersburg, Florida

Key features:

• Start-up community bank that focuses on environmental sustainability

• Certified B-Corporation (B Impact Score = 98.6).

GoodSam

Darien, Connecticut

Key features:

• Founded and managed by a woman.

• Sells organic, vegan, and direct trade nuts, fruit, coffee, and chocolate.

• Certified B-Corp (B Impact Score = 113.6).

Matriark Foods

New York, New York

Key features:

• Majority owned and managed by women.

• Rescues food waste and processes it into shelf-stable healthy vegetable stocks and concentrates.

COI Energy Services

Tampa, Florida

Key features:

• Majority owned and managed by a woman of color.

• Works with businesses and utilities to be more energy efficient by improving building energy performance and grid optimization.

Joylux

Seattle, WA

Key features:

• Majority owned and led by women.

• Makes health products for pregnant, post-pardum, and menopausal women.

Meow Wolf

Santa Fe, New Mexico

Key features:

• Arts and entertainment group comprised of 200+ artists.

• Creates immersive, interactive experiences to transport audiences of all ages into fantastic realms of story and exploration.

• Certified B-Corporation (B Impact Score = 110.3).

PixelSpoke

Portland, Oregon

Key features:

• Employee-owned cooperative with 16+ employees.

• Certified B-Corporation (B Impact Score = 102.4).

CROPP Cooperative (Owner of the Organic Valley brand)

La Farge, Wisconsin

Key features:

• Farmer-owned cooperative comprised of 2,000+ family farms and 900+ employees.

• Sells organic food nationwide on behalf of its farmer-owners.

Apis & Heritage Legacy Fund I

Washington, D.C.

Key features:

• Mezzanine debt private equity fund that helps companies with significant workforces of color convert into 100% employee-owned businesses.

• Fund management firm is majority owned and managed by people of color.

Organically Grown Company

Portland, Oregon

Key features:

• National organic food distributor owned by a Perpetual Purpose Trust with 220+ employees.

• Distributes organic food throughout the Northwest U.S.

Shared Capital Cooperative

Saint Paul, Minnesota

Key features:

• 45-year-old cooperative that’s woman-led.

• Community Development Financial Institution (“CDFI”) that provides loans to cooperatives throughout the U.S. with a focus on those with low-income and BIPOC members.

Cooperative Fund of the Northeast ("CFNE")

Watertown, Massachusetts

Key features:

• 48-year-old Community Development Financial Institution (“CDFI”) that provides loans to cooperatives, employee-owned businesses, and nonprofits in the Northeastern U.S.

Cooperative Fund of the Northeast ("CFNE")

Local Enterprise Assistance Fund (LEAF)

Boston, Massachusetts

Key features:

• Managed by men of color.

• Nonprofit, Community Development Financial Institution ("CDFI").

• Provides loans to community-owned natural food cooperatives, low-income cooperative housing developments, and employee-owned companies and other community-based businesses and social enterprises

Uncommon Cacao

Berkeley, California

Key features:

• Founded and managed by a woman.

• Sources high quality cacao for chocolate makers globally with a “radically transparent” supply chain.

• Certified B-Corporation (B Impact Score = 108.5).

Vital Farmland REIT (Managed by Farmland LP)

San Francisco, California

Key features:

• Organic farmland real estate investment trust (REIT).

• Purchases and converts farmland for organic agriculture.

• Certified B-Corporation (B Impact Score = 111.4).

Sisu Global Health

Baltimore, Maryland

Key features:

• Majority owned and managed by women.

• Manufactures medical devices primarily for markets in emerging economies. Their leading product is Hemafuse, a handheld autotransfusion device that addresses chronic blood shortages globally by enabling clinicians to salvage, filter, and recycle blood from patients during surgery.

WOCstar Fund I

New York, New York

Key features:

• Impact venture capital fund that invests solely in tech companies that are founded or led by women of color (“WOC”).

• Fund management firm is majority owned and managed by women of color.

• Certified B-Corporation (B Impact Score = 81.8).

Hometeam Ventures Fund I

Palo Alto, California

Key features:

• Impact venture capital fund that invests solely in construction tech companies that aim to address the global housing gap.

• Fund management firm is majority owned and managed by women of color.

MeetCaregivers

Newton, Massachusetts

Key features:

• Majority owned and managed by a woman of color.

• Technology platform that matches home healthcare providers and families seeking senior care solutions.

Verity Sustainable Packaging

Encinitas, California

Key features:

• Majority owned and managed by a woman.

• Manufacturer of sustainable packaging options for personal care products using curbside-recyclable aluminum options in lieu of hard-to-recycle plastic.

Friendship Bridge

Denver, Colorado

Key features:

• Non-profit social enterprise that works with women in Guatemala.

• Provides micro loans, education, and health services primarily to indigenous women in rural areas where the rate of poverty in Guatemala is the highest.

• Women-led

Crowdfund Mainstreet

Alameda, California

Key features:

• Crowdfunding platform that focuses on raising values-aligned capital for entrepreneurs from underserved demographics (e.g. women and people of color).

• 100% woman owned and managed.

• Public Benefit Corporation (B-Corporation certification pending)

De Oro Devices

San Luis Obispo, California

Key features:

• Majority owned and managed by a woman.

• Manufactures medical devices to improve the lives of people with Parkinson's.

Denkyem

Renton, Washington

Key features:

• Majority owned and led by a Black man.

• Community Development Financial Institution (“CDFI”) that provides loans and revenue sharing agreements to Black-owned and -led businesses in Washington state.

De-Carceration Fund

Plymouth Meeting, Pennsylvania

Key features:

• Fund that invests in innovative enterprises working to alleviate the suffering caused by the U.S. criminal justice system.

Relavo

Brooklyn, New York

Key features:

• Majority owned and led by a woman of color.

• Manufactures medical devices to improve the lives of people with kidney failure by making home dialysis safer and more accessible.

Capshift

West Newton, Massachusetts

Key features:

• Offers an impact investing platform that facilitates financial and philanthropic institutions, along with their clients, to make more custodian-held investments in private impact companies.

Down to Cook

El Cerrito, California

Key features:

• Majority owned and managed by a woman.

• Makes vegan, organic, plant-based, "Adda Veggie" meal starters.

Upslope Brewing Company

Boulder, Colorado

Key features:

• Independently owned craft brewery with 25+ employees.

• Co-owner of one of Kachuwa’s subsidiaries and commercial properties.

• Certified B-Corp (B Impact Score = 86.9)

Eastern Carolina Organics

Durham, North Carolina

Key features:

• Woman-managed regional organic food distributor.

• Distributes organic food throughout the Southwest U.S.

• Certified B-Corporation (B Impact Score = 85.5).

Aspiration (via a special purpose vehicle)

Marina del Ray, California

Key features:

• Offers banking, investment, and insurance options that are screened to avoid fossil fuels, private prisons, and guns.

Boddle (via a special purpose vehicle)

Kansas City, Missouri

Key features:

• Majority owned and managed by people of color.

• Adaptive learning platform that offers interactive math games designed specifically for kids.

Barn Owl Precision Agriculture

La Junta, Colorado

Key features:

• Majority owned and managed by a woman.

• Utilizes drones, AI-enabled software, and 3D-printed robots to provide a variety of services that improve the efficiency of agricultural operations.

Empowered Cookie

Oakland, California

Key features:

• Majority owned and managed by a woman.

• Makes organic and vegan cookies.

Jade Lending

North Carolina

Key features:

• Majority owned and managed by women.

• A social impact lending platform whose mission is to support and fuel the growth of women- and minority-owned businesses.

DrugViu (via a special purpose vehicle)

New York, New York

Key features:

• Majority owned and managed by people of color.

• Operates a clinical grade Real-World Evidence (RWE) technology platform for the autoimmune disease (AID) industry.

Force for Good Fund

San Francisco, California

Key features:

• 501(c)(3) non-profit impact venture capital fund based in California.

• Invests in start-up impact companies owned by women and people of color, and provides technical support to help them grow and become certified B-Corporations.

Capital Good Fund

Providence, Rhode Island

Key features:

• Nonprofit, Community Development Financial Institution ("CDFI").

• Provides small-dollar personal loans and one-on-one financial & health coaching to tackle poverty, foster upward mobility, and reshape the predatory loan industry

BlocPower (via a special purpose vehicle)

Brooklyn, New York

Key features:

• Founded and managed by a Black man.

• Offers energy efficient, air source heat pump systems to multifamily building owners for no money down.

Conscious Company Magazine (acquired by Intentional Media in 2017)

Boulder, Colorado

Key features:

• Print and digital media company.

• Majority owned and managed by women.

• Publishes a magazine focused solely on sustainable business

• Certified B-Corporation (B Impact Score = 166.5)

YouMe Health Care

Baltimore, Maryland

Key features:

• Majority owned and managed by a woman of color.

• Provides mental healthcare to children and families on Medicaid by utilizing a subscription-based
online platform to connect clients with licensed healthcare professionals.

Crown O' Maine Organic Cooperative

North Vassalboro, Maine

Key features:

• Employee-owned cooperative with 12+ employees.

• Distributes organic food that’s grown on small, local farms.

Maple Valley Cooperative

Cashton, Wisconsin

Key features:

• Multi-stakeholder cooperative owned by employees, farmers, customers, investors, and vendors

• Produces and sells maple syrup products harvested on small, local farms

Community Purchasing Alliance Cooperative

Washington, DC

Key features:

• Member-owned purchasing cooperative.

• Helps schools, churches, and other mission-oriented property owners reduce their expenses related to purchasing solar electricity, waste hauling, payroll, maintenance, and many other services.