A QUICK NOTE: In addition to our monthly newsletter, we send the ImpactPHL Investor Briefing
to connect investors with local impact investment opportunities currently available. The Investor Briefing is intended for accredited investors. By
continuing you acknowledge that you are an accredited investor. If you are receiving these emails and you are not an accredited investor, please let us know. Sincerely, The Investors Circle and ImpactPHL teams FEATURED IN THIS ISSUE - Investment Opportunities:
- $500K left in $2M convertible note for Astarte Medical, improving health outcomes for children (Women-led) ImpactableX is raising $1M to bring evidence-backing and standardization to impact measurement and reporting (Female Founder)ImpactableX is raising $1M to bring evidence-backing and standardization to impact measurement and reporting (Female Founder)ImpactableX is raising $1M to bring evidence-backing and standardization to impact
measurement and reporting (Female Founder)ImpactableX is raising $1M to bring evidence-backing and standardization to impact measurement and reporting (Female Founder)ImpactableX is raising $1M to bring evidence-backing and standardization to impact measurement and reporting (Female Founder)
- Events:
- April 19th - ImpactPHL Conversations: Building Successful Ecosystems to Increase Investment Impact
- May 1st & 2nd - Total Impact Summit 2023: Investing for People, Planet, and Place (Save $500 with promo code FRIEND)
- Read:
- Reset the Orientation of Impact Measurement
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FEATURED INVESTMENT OPPORTUNITY: The Opportunity: $500K left in $2M convertible note for Astarte Medical, improving health outcomes for children (Women-led) Details: Astarte Medical is a women-led, pediatric-focused software and data analytics company, dedicated to improving growth and health outcomes for children with medical complexity (CMC). Medical advances have led to better survival for many previously life-threatening conditions, such as prematurity, congenital anomalies, and congenital or acquired brain injury. While <1% of children, CMC account for 30% of pediatric health care costs, estimated at $80 billion per year. Astarte Medical
has developed a suite of digital tools to drive evidence-based care, simplify workflow, enhance outcomes and reduce length of stay for CMC. Our first market focus is standardizing feeding and nutrition for preterm infants using an EMR-integrated platform called NICUtrition. The company has three customers, with 3 year SaaS contracted values in excess of $500,000 and a strong pipeline of top tier children's hospitals. All existing institutional investors including Ben Franklin Technology Partners, OCA Ventures, Viking Global, and Lunsford Capital are investing in the Note, with a final close of June 15th. A dynamic investor portal with product video, recent press releases,
research on the benefit of standardizing care for CMC and other materials can be found here. To learn more, view this opportunity in OptImpact, or contact Tracy Warren, Co-founder and CEO. Alignment with Sustainable Development Goals (SDGs):
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FEATURED EVENTS ImpactPHL Conversations: Building Successful Ecosystems to Increase Investment ImpactApril 19th, Noon-1pm (online)Join us for a conversation with ecosystem-building experts on creating the necessary infrastructure - from community convening to digital network solutions - that cultivate local impact investing ecosystems and, subsequently, increases the number of local investments advancing impact in towns, cities, and regions across the world. Learn more and register. Total
Impact Summit 2023: Investing for People, Planet, and Place (Save $500 with promo code FRIEND)May 1st & 2nd at Convene CityView in Philadelphia The leading east coast impact investing
convening will feature 50+ speakers and 20+ sessions on everything from unlocking capital for climate action to ESG in the headlines, investment for shaping neighborhoods to new capital pathways. The full agenda will be announced soon, but take a peak at the impressive lineup of confirmed speakers and
session overviews here. Our 2023 offering will feature two days of deep diving and actionable content welcoming individual investors, family offices, foundations, fund managers, and financial advisors. Learn more and
register here! |
FEATURED READING Reset the Orientation of Impact Measurement Details: For impact measurement to serve its highest purpose, the starting intention should be
gathering data that serves to improve impact rather than to prove impact. In the end, the right metrics can do both, but the problem with orienting towards impact metrics that look good on a website, impact report, or update to funders is that it puts the emphasis on proving or supporting the impact thesis. The confirmation bias in that approach limits the ability to learn and improve as it causes triangulation that actually obscures clear impact of outputs to outcomes. The insight that is
produced in listening helps develop learned methods instead of data on strengthening varying approaches for impact. Read ImpactPHL Perspectives, Volume 63. |
TAKE ACTION Read this article and previous ImpactPHL Perspectives |
THANKS TO OUR ANNUAL PARTNERS
WITH ADDITIONAL SUPPORT FROM
Laura Kind McKenna, Chris Pappo, Chrissy Kind, Leigh Wood,
Peter Leone, Tom Balderson, and John Moore.
Disclaimer: ImpactPHL's content is strictly for information purposes only - it is not and should not be regarded as investment advice or as an investment recommendation. Investors are encouraged to consult their own advisors and perform their own due diligence to inform the appropriate course of action. Further, ImpactPHL
features a variety of curated content, including content from partners who may provide financial and/or in-kind support to ImpactPHL's field-building activities.
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