Bain Capital Double Impact Fund LP
Corporate VCBoston · 20 people tracked
Investment thesis
Bain Capital Double Impact partners with mission-driven, values-aligned companies seeking to scale their businesses while delivering measurable positive impact on workers, communities, and the environment. The firm employs rigorous diligence leveraging industry networks, sustainability expertise, and impact frameworks (IMP's Five Dimensions, UN SDGs, SASB Standards) to identify control opportunities where active partnership with management teams can unlock transformative growth while ensuring strong financial results and responsible stewardship.
Source: firm website, verified Aug 6, 2026.
Team · 20 people
from the firm's websiteWhat they invest in
from 15 of 37 portfolio companiesEdTech ×5Healthtech ×4SaaS ×3Climate Tech ×2Consumer ×2Digital Health ×2Fintech ×2Impact & Social Good ×2
HQs:United States×10
Investments · 37 tracked
founders shown can be your intro pathVernon Hills, US
Jonathan Stevens(Executive Officer)Thomas Richards(Executive Officer, Director)Christine Leahy(Executive Officer)Dennis Berger(Executive Officer)Neal Campbell(Executive Officer)Christina Rother(Executive Officer)
Co-investorsBain Capital Life SciencesBain Capital Tech OpportunitiesBlue Sea CapitalBootstrap EuropeClayton Dubilier & RiceCore Venture Capital+12 more
AqueoUS Vets provides water treatment systems and services, including groundwater treatment solutions, for water utilities and infrastructure projects.
Advanced ManufacturingCleantechClimate Tech
Cloud-based healthcare platform for clinical workflows
Bob Segertin
Co-investorsAspect VenturesBain Capital Tech OpportunitiesBCICardinal PartnersDraper AssociatesMercury Fund+6 more
Bain Capital is a private investment firm founded in 1984 that invests in and partners with companies to drive growth and improvement.
Sector AgnosticBoston, US
Co-investorsBain Capital Life SciencesBain Capital Tech OpportunitiesBCI
Bain Capital Credit is a credit investment manager that evaluates opportunities across the credit spectrum, offering commingled funds and separate accounts with varying liquidity parameters, asset exposures, and geographic concentrations.
Fintech
Co-investorsBain Capital Life SciencesBain Capital Tech OpportunitiesBain Capital Venture
Bain Capital Private Equity is an investment firm operating a private equity portfolio, with an investor portal for account holders.
Co-investorsBain Capital Life SciencesBain Capital Tech OpportunitiesBain Capital Venture
Bain Capital Special Situations provides customized capital solutions across credit, private equity, and real assets, structuring investments for individual opportunities with a focus on downside protection.
Fintech
Co-investorsBain Capital Life SciencesBain Capital Tech OpportunitiesBain Capital Venture
Bain Capital Life Sciences is an investment firm that backs pharmaceutical, biotechnology, medical device, diagnostic, and life science tool companies worldwide.
BiotechHealthtechMedical Devices
Co-investorsBain Capital Tech OpportunitiesBain Capital Venture
Bain Capital Real Estate is a real estate investment platform that applies a value-add approach to complex, demand-driven assets.
PropTech
Co-investorsBain Capital Life SciencesBain Capital Tech OpportunitiesBain Capital Venture
Branching Minds provides a multi-tiered system of supports (MTSS) platform that aggregates student academic, social-emotional, and behavioral data to help school districts make data-driven decisions and implement evidence-based interventions.
AI & Machine LearningData & InfrastructureEdTechSaaSNew York City, US
David Magier(Founder)inMaya Gat(Founder)in
Co-investorsTechstars
Broadstep provides behavioral healthcare and supportive living services for children, adults, and families with intellectual and developmental disabilities (I/DD), mental illness, and co-occurring disorders.
HealthtechMental HealthWellness & Fitness
HealthtechPortsmouth, US
Gareth Dickens(Executive Officer, Director)Maximillian Puyanic(Director)
BoardKaren Moriarty(Director)Robert Steenson(Director)Will Thorndike(Director)
Co-investorsRock Creek CapitalWhistler Capital Partners
Cotopaxi (Global Uprising, PBC) is an outdoor gear and apparel brand that sells products directly to consumers and donates a portion of its revenue to the Cotopaxi Foundation, a nonprofit supporting community causes.
ConsumerDirect to ConsumerE-commerceImpact & Social GoodUtah, US
Davis Smith(Founder)in
Co-investorsBAM VenturesBeliadeBreak Trail VenturesForerunner VenturesGreycroftKickstart+5 more
HealthDrive provides on-site medical and dental care to residents of long-term care facilities, working with a network of clinicians and partner facilities.
Digital HealthHealthtech
Co-investorsBain Capital Life SciencesBain Capital Tech OpportunitiesBain Capital Venture
Co-investorsBain Capital Life SciencesBain Capital Tech OpportunitiesBain Capital Venture
Lillio (formerly HiMama) is childcare management software for early childhood programs and daycare centers, handling administrative tasks, payments, and family communication.
EdTechSaaS
Meteor Education designs, furnishes, installs, and measures instructionally-aligned K-12 learning environments and CTE labs, offering turnkey services from collaborative design through installation and impact reporting.
Construction TechEdTech
Penn Foster Group is a portfolio of online education and training companies offering self-paced, mobile-friendly programs for diverse learners seeking in-demand workplace skills and career advancement.
EdTech
Thomas Foster(Founder)
Presence connects schools and districts with a provider network and technology platforms to deliver, manage, and track special education services such as speech-language therapy, occupational therapy, behavioral support, and psychoeducational evaluations.
Digital HealthEdTechSaaS
Sustainable Restaurant Group is a collective of purpose-driven restaurant and hospitality brands with a focus on environmental and social sustainability.
Climate TechConsumerImpact & Social GoodPortland, US
Co-investorsBain Capital Life SciencesBain Capital Venture
Portfolio news
latest coverage across their companiesCotopaxi · startbusinessmedia.com · Jul 1, 2026
Fund performance · per public LP disclosures
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Bain Capital Double Impact FundLPs: Los Angeles City Employees' Retirement System, Surdna Foundation Inc | 2016 | — | 23.8% | 0.92x | 0.28x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Bain Capital Double Impact Fund LP made?
- Bain Capital Double Impact Fund LP has 37 tracked investments.
- What is Bain Capital Double Impact Fund LP's typical check size?
- Bain Capital Double Impact Fund LP typically writes checks of $50M – $200M.
- What sectors does Bain Capital Double Impact Fund LP focus on?
- Bain Capital Double Impact Fund LP focuses on Climate Tech, EdTech, Healthtech, Impact & Social Good, Sector Agnostic, Wellness & Fitness.
- Where is Bain Capital Double Impact Fund LP located?
- Bain Capital Double Impact Fund LP is headquartered in Boston, US.
- Does Bain Capital Double Impact Fund LP lead rounds?
- Yes, Bain Capital Double Impact Fund LP leads investment rounds.
- Who does Bain Capital Double Impact Fund LP co-invest with?
- Bain Capital Double Impact Fund LP most often shares deals with Bain Capital Tech Opportunities, Bain Capital Life Sciences, Bain Capital Venture, among 39 tracked co-investors.
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