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Global Impact Fund

Who Are We?

Global Impact Fund is a venture capital fund seeking market-leading returns by backing social entrepreneurs who are women and people of color. We unapologetically deliver financial returns for our investors by investing at the intersection of companies that produce competitive investment returns and for-profit companies with a social mission. Primarily focused in the United States, Global Impact Fund leads SEED investments in 5 industries: 1) Health and Healthcare, 2) Education 3) Financial Inclusion, 4) Environmental Sustainability (including agriculture), and 5) Economic Mobility / Income Equality. Global Impact Fund leverages the broad network of senior executives in relevant industries through The Global Good Fund, a nonprofit sister organization. Global Impact Fund is a woman-led and black-led fund and includes investment committee members who are indigenous Indian, Latinx, and women. Our investors reflect the diversity of the entrepreneurs we invest in. A portion of the GP's carry supports a pipeline of overlooked social entrepreneurs through nonprofit partner organizations.

Target Size of Funds

$10,000,000

Founder(s)

Carrie Rich
Carrie Rich is the co-founder and CEO of The Global Good Fund. Built by and for social entrepreneurs, The Global Good Fund was created in 2012 based on the belief that growing leaders is the best strategy for solving complex social problems and achieving global good. Carrie tested the theory behind The Global Good Fund while working as Senior Director of Vision Translation at Inova Health System and teaching as an adjunct faculty member at Georgetown University. There, she co-authored Sustainability for Healthcare Management: A Leadership Imperative, a Handelsblatt's Top 5 Business Book. Carrie has been recognized as a 2018 Enterprising Women of the Year Awardee.
Stage : Seed, Series A
Sector : Fintech, Healthcare, Cleantech, Education
Region : North America
Country : US