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Bain Capital Double Impact Fund LP

Impact investoroperating company · company profile

ABain Capitalimpact fund

Boston · 26 people tracked

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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 Sep 26, 2026.

Check
$50M – $200M
HQ
Boston, MA, US
Leads rounds
Leads
Instruments
Equity
Founded
1984
Tracked investments
39
Unicorns
1

Team · 26 people

from the firm's website & public directories
Steve Rizoli· Principal
Deval Patrick· Executive Officer
Greg Shell· Executive Officer
Iain Ware· Executive Officerin
Peter Spring· Executive Officerin

What they invest in

from 23 of 39 portfolio companies

Healthtech ×6Digital Health ×5EdTech ×5SaaS ×5Consumer ×4Fintech ×4Impact & Social Good ×4Wellness & Fitness ×3

HQs:United States×19Hong Kong×1Japan×1

Investments · 39 tracked

founders shown can be your intro path

By year:2022 · 12012 · 12 dated

A Place for Momfiscloudservices.com

A Place for Mom is a U.S. and Canadian senior care referral marketplace connecting families with senior living and home care providers.

Vernon 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 OpportunitiesBessemer Venture PartnersBlue Sea CapitalClayton Dubilier & RiceCore Venture Capital+14 more

AqueoUS Vetsaqueousvets.comin

AqueoUS Vets develops water treatment solutions focused on removing PFAS and other harmful contaminants from the United States water supply.

Advanced ManufacturingCleantechClimate Tech

Arosaarosacare.comin𝕏

Arosa provides in-home caregiving, nursing, and care management services to adults requiring support with activities of daily living and chronic disease management.

Digital HealthHealthtechWellness & FitnessShelbyville, US

Co-investorsHCAP Partners

Athenahealth Incathenahealth.comin

Cloud-based healthcare platform for clinical workflows

Bob SegertinJonathan S. Bush(Founder)Todd Park(Founder)

Co-investorsAspect VenturesBain Capital Tech OpportunitiesBCICardinal PartnersDraper AssociatesHellman & Friedman+8 more

Bain Capitalbaincapital.comin𝕏

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 OpportunitiesBCISDVAccelBain Capital+2 more

Bain Capital Creditbaincapitalcredit.comin𝕏

Bain Capital Credit is an investment firm specializing in credit strategies including liquid and structured credit, leveraged loans, high-yield bonds, CLOs, and direct lending to middle-market companies.

Fintech

Co-investorsBain CapitalBain Capital Life SciencesBain Capital Tech Opportunities

Bain Capital Private Equitybaincapitalprivateequity.comin𝕏

Bain Capital Private Equity is an investment firm operating a private equity portfolio, with an investor portal for account holders.

Boston, US

Co-investorsBain CapitalBain Capital Life SciencesBain Capital Tech OpportunitiesTwo Bear Capital

Bain Capital Special Situationsbaincapitalspecialsituations.comin𝕏

Bain Capital Special Situations is a private investment firm that combines private equity, private credit, and asset-backed capital to source and structure specialized deals across asset classes.

FintechSector AgnosticHong Kong, HK

Co-investorsBain Capital Life SciencesBain Capital Tech OpportunitiesBain CapitalFidelity InvestmentsGallatin Point Capital

Baincapitallifesciencesbaincapitallifesciences.comin𝕏

Bain Capital Life Sciences is an investment firm that deploys capital into biopharmaceutical, medical device, diagnostic, and life science tool companies globally, focusing on enterprises addressing unmet medical needs.

BiotechHealthtechMedical DevicesBoston, US

Co-investorsBain CapitalBain Capital Tech Opportunities

Baincapitalrealestatebaincapitalrealestate.comin𝕏

Bain Capital Real Estate is an investment firm focused on acquiring and operating real estate assets in niche, difficult-to-access sectors driven by long-term economic and secular trends.

PropTechBoston, US

Co-investorsBain CapitalBain Capital Life SciencesBain Capital Tech Opportunities

Branching Mindsbranchingminds.comin𝕏

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

Broadstepbroadstep.comin𝕏

Broadstep is a behavioral health provider serving South Carolina that offers comprehensive services for individuals with intellectual and developmental disabilities, mental health conditions, and co-occurring disorders.

Digital HealthHealthtechMental HealthWellness & FitnessSouth Carolina, US

BW Fusionbwfusion.com

BW Fusion is an agriculture company offering crop nutrition and biological soil products, including soil measurement services that assess what soil can supply rather than relying on averages.

AgTech

ConvenientMDconvenientmd.cominFeb 2012

ConvenientMD operates urgent care clinics offering walk-in treatment for non-life-threatening conditions such as coughs, colds, broken bones, cuts, allergies, rashes, illnesses, and infections.

Digital HealthHealthtechPortsmouth, US

Gareth Dickens(Executive Officer, Director)inMaximillian Puyanic(Director)

BoardKaren Moriarty(Director)Robert Steenson(Director)Will Thorndike(Director)

Co-investorsRock Creek CapitalWhistler Capital Partners

Cotopaxicotopaxi.com𝕏

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)inCJ Whittaker(Founder)Stephan Jacob(Founder)

Co-investorsBAM VenturesBeliadeBreak Trail VenturesCorrelation VenturesForerunner VenturesGreycroft+7 more

FreeWillfreewill.cominFeb 2022

FreeWill provides a free online platform for creating legally valid estate plans and charitable giving tools.

FintechImpact & Social GoodLegalTechNew York, US

JennyPatrick William Schmitt(Executive Officer, Director)Jennifer Xia Spradling(Executive Officer, Director)inJennifer Xia(Cofounder)inAndrew B Nick(Executive Officer)Jenny Xia Spradling(Founder)

Co-investorsDorm RoomICONIQPear VCPurpose Built VenturesQED InvestorsUlu Ventures+4 more

HealthDrivehealthdrive.com

HealthDrive operates a network of medical and dental professionals who provide on-site healthcare services to long-term care facilities and senior living communities.

Digital HealthHealthtechSector Agnostic

Co-investorsCressey & Company

Japan - 日本baincapital.co.jp

Bain Capital is a private equity investment firm with a Tokyo office that provides capital and strategic support to Japanese mid-market and large enterprises pursuing growth, restructuring, and business succession.

Enterprise SoftwareTokyo, JP

Co-investorsBain CapitalBain Capital Life SciencesBain Capital Tech Opportunities

Lilliolillio.comin

Lillio provides resources and support for early childhood education, targeting educators and organizations working with children in their first five years of development.

EdTechSaaS

Living Earthlivingearth.netin

Living Earth is a manufacturer and retailer of organic mulch, compost, soil, high-performance soil amendments, and landscaping aggregates such as sand, gravel, and rock.

Circular EconomyConsumer

Co-investorsEnlightenment CapitalSJF Ventures

Meteor Educationmeteoreducation.comin𝕏

Meteor Education designs and implements modern K-12 learning environments through collaborative design that connects instructional practices with thoughtful space planning.

Advanced ManufacturingConstruction TechEdTechHardware

Co-investorsSaw Mill

Pachapachasoap.comin

Pacha Soap makes bath and body products, including shower steamers with essential oils like eucalyptus, peppermint, and rose for aromatherapy.

ConsumerDirect to ConsumerE-commerceImpact & Social GoodWellness & FitnessHastings, US

Abi(Co-founder)Andrew J Vrbas(Co-founder)in

Co-investorsAdvantage Capital PartnersConsumer VenturesMontage CapitalSpiral Sun VenturesTouch Capital

Penn Fosterpennfostergroup.comin

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)

Presencepresence.comin𝕏

Presence provides remote special education, mental health evaluation, and teletherapy services for PreK–12 schools, connecting students with diverse needs to credentialed practitioners such as speech-language pathologists and school psychologists.

Digital HealthEdTechHealthtechMental HealthSaaSNew York, US

Kate Eberle Walker(Chief Executive Officer)inJessica Wang(Chief Operating Officer)inBrian Stephen(General Counsel)inAnne Hogarty(Chief Commercial Officer)inFletcher Hutson(Chief Revenue Officer)inJess Compagnola(Chief Financial Officer)in

Co-investorsSpectrum EquityBessemer Venture Partners

SPARQplaysparq.com

SPARQ is a native 3D game engine for independent creators and small teams that lets developers write gameplay in TypeScript, build UIs with HTML/CSS, and edit the same world together in real time.

Developer ToolsGamingSaaS

Christoffer Wilhelmsen(Founder)inChristopher Pail(Founder)in

Sustainable Restaurant Groupsustainablerestaurantgroup.com

Sustainable Restaurant Group operates a portfolio of restaurant and hospitality brands that combine culinary excellence with environmental sustainability and cultural relevance.

Circular EconomyClimate TechConsumerFoodTechImpact & Social GoodPortland, US

Co-investorsBain CapitalKitchen Fund

Tech Opportunitiesbaincapitaltechopportunities.com

Bain Capital Tech Opportunities is a technology-focused investment firm that provides growth capital, along with strategic and operational support, to entrepreneurs and management teams during expansion phases.

Enterprise SoftwareFintechSaaS

Co-investorsBain CapitalBain Capital Life Sciences

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Basic Home InfusionBeatnicExcelsiaImpact FitnessInsuranceJapan Wind DevelopmentLegacy HospiceRodeo DentalSpring WorksTeachTownWind farm

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
Bain Capital Double Impact FundLPs: Los Angeles City Employees' Retirement System, Surdna Foundation Inc2016—23.8%0.92x0.28x

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 39 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, Future of Work, 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, among 60 tracked co-investors.

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