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:
- Kith + Kin has $300k Left of $1M Raise to Revolutionize the Management & Sharing of Personal Health Info (Women-led)
- On the Goga is Raising $2M Seed Round to Enable Better Mental Health and Wellbeing for Employees (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:
- ImpactPHL Conversations: A New Local Model: Philadelphia Green Capital Corporation - What It’s Done & Where It’s Going
- A Recap of Total Impact Summit 2023
- Read:
- Raising the Bar on Impact Measurement in Private Equity
|
FEATURED INVESTMENT OPPORTUNITY #1: The Opportunity: Kith + Kin has $300k Left of $1M Raise to Revolutionize the Management & Sharing of Personal Health Info (Women-led)Details: In the fragmented and inefficient landscape of health information management, Kith +
Kin emerges. This Philadelphia-based company offers an all-in-one mobile health companion that simplifies caregiving and streamlines the management and sharing of vital health information. With the Kith + Kin app (see a demo), users can create profiles, securely store up-to-date prescriptions, medical history, and other essential data using simple, flexible tools designed to support the human at the center of the journey. Authorized individuals, including patients and their care circles, can access and share this information, enabling better-informed decision-making and
improving communication, reducing stress on all parties and improving health outcomes. Led by CEO and Co-founder Jill Michal, a seasoned executive with experience as the CEO of United Way Philadelphia and Business Transformation Leader at Independence Blue Cross, Kith + Kin is raising a $1M Seed round at a $6M valuation, to expand its user base beyond the existing 3,000 users and already has $700k committed by Archetype Growth, Ikigai Growth Partners, and MHS (Multi-Health Systems, Inc.). For
further information and investment inquiries, view this opportunity in OptImpact or contact Jill Michal. Special Invitation: Kith + Kin will be presenting at the June meeting of Investors Circle Philadelphia on Wednesday, June 14th at 2pm. Accredited investors are invited to participate. Contact Jillian Gerstley to RSVP.
Alignment with Sustainable Development Goals (SDGs):
|
FEATURED INVESTMENT OPPORTUNITY #2: The Opportunity: On the Goga is Raising $2M Seed Round to Enable Better Mental Health and Wellbeing for Employees (Women-led) Details: On the Goga is a certified women-owned, Philadelphia-based SaaS company that provides customers (including the City of Philadelphia and the School District of Philadelphia) with the ability to build their own wellbeing platform, giving employees access to free mental, physical, social, financial, and environmental wellness offerings that are tailored to their life experiences and interests. In just over a year, On the Goga has bootstrapped their way to $372k in annual
recurring subscription revenue and $1M in signed contracts. They were part of the less than 1% of companies selected for Techstars' national cohort. After completion of Techstars, On the Goga launched their seed round on April 15th, which will expand sales and marketing efforts and development of platform features to increase accessibility and impact. They have already filled 2/3 of their strategic angel allocation for the round and are looking for both strategic angels and a lead investor for the round. For further information and investment inquiries, view this opportunity in OptImpact or contact
Anna Greenwald, Founder & CEO.
Alignment with Sustainable Development Goals (SDGs):
|
FEATURED EVENTS ImpactPHL Conversations: A New Local Model: Philadelphia Green Capital Corporation - What It’s Done & Where It’s GoingJuly 18th, Noon-1pm
(online)In our July session, we will focus on Philadelphia Green Capital Corporation (PGCC), a non-profit spinoff of the municipal Philadelphia Energy Authority, that is finding ways to use financing layer models and tools to support the clean energy transition in the City of Philadelphia. Learn more and register. A Recap of Total Impact Summit 2023 This year we convened 350+ thought leaders and practitioners from across the country on May 1–2 in Philadelphia. The event featured 70+ speakers across 20+ sessions, networking, conversations, change-maker insights, and best practices at the forefront of a growing impact investing
field. Read the recap. |
FEATURED READING Raising the Bar on Impact Measurement in Private Equity Details: How can I justify adopting an impact investing strategy if I have to choose among
an alphabet soup of reporting standards, none of which clearly and consistently demonstrates results superior to not adopting them? Read ImpactPHL Perspectives, Volume 65. |
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.
|
|
|
