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:
- Trapezium Math is raising a $250k SAFE to build strong math skills in elementary school students (Diverse female founder)
- SolasAI is raising a $1M convertible note to improve fairness of artificial intelligence and other algorithms 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:
- March 14th: ImpactPHL Conversations - Unlocking a Spectrum of Capital for Impact-Driven Initiatives: Leaders' Stories & What They Want Investors to Know
- May 1st & 2nd: Total Impact Summit 2023: Investing for People, Planet, and Place (Save $500 with promo code FRIEND)
- Read:
- ESG and Impact - Why We Need Both for Meaningful Change
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FEATURED INVESTMENT OPPORTUNITY #1: The Opportunity: Trapezium Math is raising a $250k SAFE to build strong math skills in elementary school students (Diverse female founder)Details: Trapezium Math makes it possible for every American family to support their children in learning math - just like paying for sports or music lessons. Trapezium Math is the “Hooked on Phonics” for learning math. Increasingly, elementary math is consigned to computer-based instruction, making children "learn" math in isolation without human support. In contrast, Trapezium uses highly engaging, hands-on learning for every type of math learner. Angela McIver earned her PhD at the University of Pennsylvania and was a member of Philadelphia's Board of Education. Trapezium has been in
business since 2009 as a brick and mortar and pivoted to an online business model during the pandemic. The new approach makes the business model scalable, meaning Trapezium can reach every and any child. Terms of SAFE: $8M post-money cap, 20% discount. Contact Dr. Angela McIver,
Founder & CEO to learn more.Alignment with Sustainable Development Goals (SDGs): |
FEATURED INVESTMENT OPPORTUNITY #2: The Opportunity: SolasAI is raising a $1M convertible note to improve fairness of artificial intelligence and other algorithms Details: Bias and discrimination still exist in our data, algorithms, and decision making processes even with all of the attempts to eradicate it. Philly-based SolasAI uses artificial intelligence to detect, understand the source, and remove bias and discrimination from the AI, machine learning, and statistical models used by banks, insurers, and healthcare organizations. Born in the toughest fair lending environments, the SolasAI software possesses the
ability to remove disparity from credit & insurance underwriting, marketing, pricing, healthcare, and many other models that make decisions about people. While many competitors help detect and explain bias, SolasAI is the only industry agnostic solution that actually removes the bias from the customer's model. SolasAI has generated $1.1M in revenue since April of 2022. $1M seed round, which will be used to build out the partner channel and support systems, further develop the AI technology,
and increase SolasAI's marketing reach. $5M valuation cap. To learn more, view this opportunity in OptImpact, or contact Larry Bradley, Founder & CEO.Alignment with
Sustainable Development Goals (SDGs): |
FEATURED EVENTS ImpactPHL Conversations - Unlocking a Spectrum of Capital for Impact-Driven Initiatives: Leaders' Stories & What They Want Investors to KnowMarch
14th, 1pm (online)Hear from leaders working across U.S. geographies on the importance of blended finance as a tool, their own experiences and needs, and what lessons they’d share with investors considering blended investments. 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 Total Impact Summit is ImpactPHL's flagship event. More than 300 people from across the country attended our event this past May. Our 2023 offering will feature two days of deep diving and actionable content welcoming individual investors, family offices, foundations, fund
managers, and financial advisors. Themes for TIS23 were just announced too! Learn more and register here! |
FEATURED READING ESG and Impact - Why We Need Both for Meaningful Change Details: At Proof of Impact, we’ve worked with both investors and companies that
have a wide range of motivations. In this work, we’ve noticed a growing trend: the widespread use of either “ESG” or “impact” to describe data-driven measurement and operational improvement efforts. However, rarely have organizations used ESG and impact together. This is largely because ESG and impact seem to be two different worlds that exist side by side, with different cultures, languages, and approaches to using data to drive positive change. Only recently have the two worlds met – or rather
collided. Read ImpactPHL Perspectives, Volume 62. |
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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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