Fundraising Fox

Boston Impact Initiative (BII)

Impact investor

Boston · Seed

Fox Verdict
Sign up to see your fit

Investment thesis

BII is an impact-first investor prioritizing social and economic outcomes—ownership, equity, and sustainability—alongside financial return to build generational wealth in communities. It funds small businesses, worker cooperatives, and Black and Latino-owned enterprises, as well as community-owned real estate projects such as land trusts and housing/business cooperatives across New England. BII also trains and invests in impact fund managers launching funds that channel catalytic capital to local communities across the U.S. The firm partners with donor-advised funds, family offices, foundations, and institutional capital supporting entrepreneurs and fund managers driving inclusive economic growth. It offers integrated capital, education, advisory services, and advocacy for economic justice.

Source: firm website, verified Aug 3, 2026.

Stage
Seed
HQ
Boston, US
Leads rounds
Follows
Instruments
Equity · Debt · Grants
Tracked investments
54

What they invest in

from 45 of 54 portfolio companies

Impact & Social Good ×19Consumer ×10FoodTech ×9Cleantech ×8Climate Tech ×8EdTech ×7Fintech ×6Energy ×5

HQs:United States×40Ecuador×1

Investments · 54 tracked

founders shown can be your intro path

By year:2023 · 12014 · 12 dated

88 Acres88-acres.comin

A Boston-based food company that produces bars and butters made with whole seeds and simple ingredients, formulated to be allergen-friendly and inclusive for consumers with food allergies.

ConsumerDirect to ConsumerFoodTechBoston, US

Rob

Allinenergyallinenergy.org

All in Energy is a nonprofit organization focused on community engagement and energy programs.

CleantechClimate TechEnergyImpact & Social GoodCambridge, US

Gabe Shapiro(Co-Founder & Co-Executive Director, Partnerships)Rouwenna Altemose(Co-Founder & Co-Executive Director, Programs)

And Still We Riseandstillwerise.usin

And Still We Rise (ASWR) is a consulting and therapy collective offering equity-centered organizational consulting (strategic planning, leadership coaching, facilitation, and culture change) and trauma-informed therapy focused on marginalized communities.

Future of WorkImpact & Social GoodMental Health

Dr. Natasha Holmes(Founder)in

Co-investorsRevUp Capital

Ayniayni.institute

Ayni Institute is a training and research organization for social movements and change-focused organizations, offering frameworks, trainings, coaching, and project incubation rooted in indigenous wisdom and reciprocity principles.

EdTechImpact & Social GoodSocialRevere, US

Carlos Saavedra(Founder)Fhatima Paulino(Co-founder)

Beantownbuildersbeantownbuilders.com𝕏

A general contracting firm in Massachusetts that provides design-build remodeling and renovation services for residential and commercial properties, managing all phases from planning through completion including structural work, mechanical systems, and interior finishes.

CleantechConstruction TechPropTechBoston, US

Donald S. Donnalson, Esq.(Founder & President)

Bonterrabonterratech.comin𝕏

Bonterra provides software and data infrastructure for nonprofits, foundations, governments, and corporations to manage fundraising, grantmaking, case management, and donor relationships.

Data & InfrastructureImpact & Social GoodSaaS

Co-investorsGolub Growth

Bostonwhileblackbostonwhileblack.comin

Boston While Black is a membership community for Black professionals, offering a digital community platform plus in-person events such as festivals, conferences, mixers, and networking gatherings.

ConsumerFuture of WorkSocialBoston, US

Capitalgoodfundcapitalgoodfund.org

Capital Good Fund is a nonprofit, U.S.

Climate TechFintechImpact & Social Good

Caraballocpacaraballocpa.comin

Caraballo CPA provides accounting, tax planning, and advisory services to small and mid-sized businesses across various industries.

FintechMassachusetts, US

Franklin Caraballo(Managing Partner & Certified Public Accountant)Giselle Marmolejos

CareAcademycareacademy.comin𝕏

CareAcademy provides training, certification, and workforce management software for healthcare providers including home care agencies, home health services, senior living facilities, and hospice organizations.

EdTechHealthtechHR TechCambridge, US

Helen Adeosun(Executive Officer, Director)inHelen Adeyinka Adeosun(Founder)inMadhuri Reddy(Executive Officer)

Co-investorsBackstage CapitalChloe CapitalCoalition OperatorsFirst Trust Capital PartnersImpact America FundMultiplier Capital+8 more

Casabe Storecasabe-store.com

Casabe Store is a deli and grocery offering food, beverages, wine, and grocery items with home delivery.

ConsumerE-commerceFoodTech

Cerocero.coopSep 2014

Boston, US

Steven Evens(Director)Evein Fuentes(Director)Lor Holmes(Director)Stacey Cordeiro(Director)Timothy Hall(Director)Guadalupe Gonzalez(Director)

ChopValuechopvalue.comin𝕏

ChopValue manufactures prefabricated wall panels for office interiors, made from undervalued resources using hyper-local production methods.

Advanced ManufacturingCircular EconomyClimate TechConstruction TechEnterprise SoftwareNew Materials

Felix Böckin

Co-investorsInBC Investment Corp.

Cicdofbostoncicdofboston.orgin𝕏

Community development organization focused on building affordable housing, providing workforce training in green energy, and offering small business loans to underserved neighborhoods in Boston.

Impact & Social GoodPropTechBoston, US

Colorfulresiliencecolorfulresilience.com

Colorful Resilience is a mental health counseling practice providing outpatient therapy services to BIPOC, LGBTQ+, first-generation, and immigrant communities.

Digital HealthHealthtechMental HealthWellness & FitnessWest Springfield, US

Mayrena Guerrero(Founder and Clinician)

Cooperativefundcooperativefund.orgin

Cooperative Fund of the Northeast Equity (CFNE) provides financial products, business development support, and investment opportunities to advance cooperative and community-based enterprises, with a focus on low-income communities.

FintechImpact & Social GoodWatertown, US

Cpacpa.coop

CPA is a cooperative organization that provides group purchasing discounts and procurement services for utilities, food service, janitorial, and other operational expenses for schools and nonprofits, particularly in the DC Metro region and other states.

B2B MarketplacesEdTechGovTechImpact & Social GoodWashington, US

Democracybrewingdemocracybrewing.com

Democracy Brewing is a worker-owned brewery and restaurant in Boston that serves craft beer and scratch-made food in a public house setting designed to foster community gathering.

ConsumerFoodTechBoston, US

DoneGooddonegood.coin

An online publication offering articles, analysis, and guides on carbon footprints, emissions measurement, and climate responsibility for businesses and individuals.

Climate TechMedia & EntertainmentBoston, US

Scott Jeffrey Jacobsen(Executive Officer)Cullen William Schwarz(Executive Officer)

Eastiefarmeastiefarm.com

Eastie Farm is a community garden and urban agriculture organization based in East Boston that engages residents in growing food, making preserved goods, and environmental stewardship through volunteering and education programs.

AgTechClimate TechImpact & Social GoodBoston, US

Ebcdcebcdc.com

EBCDC is a community development organization in Boston that develops affordable housing, commercial properties, and community facilities for low-income residents.

Impact & Social GoodPropTechBoston, US

Elplanetaelplaneta.com𝕏

El Planeta is a Spanish-language news outlet serving the Latino community in Massachusetts with coverage of immigration, education, business, and civic issues.

Media & EntertainmentSocialBoston, US

Emem.visionin

EmVision Productions is a full-service media agency that produces video and storytelling content to help organizations communicate complex, high-stakes issues such as health and housing justice.

Impact & Social GoodMedia & Entertainment

Equitytrustequitytrust.org

Equity Trust is a national non-profit that helps communities gain ownership interests in land and local resources through alternative ownership models.

AgTechCircular EconomyImpact & Social Good

Fivestarplatingfivestarplating.com
florrentflorrent.comin𝕏

Florrent develops bio-based supercapacitors with higher energy density than standard supercapacitors, aimed at short-duration power quality and reliability applications such as data center backup power, grid reliability, and renewables firming.

CleantechDeep TechEnergyAmherst, US

Joseph Hastry(Executive Officer, Promoter)Alexander Nichols(Director, Promoter)Jose LaSalle(Executive Officer, Director, Promoter)

BoardChristopher Noble(Director)Priya Yadav(Director)in

Co-investorsACADEMY INVESTORAIN VenturesMassVenturesNextFab VenturesRaven Capital

Freshfoodgenerationfreshfoodgeneration.comin

Fresh Food Generation operates a Caribbean and American fusion restaurant and catering service focused on fresh, from-scratch cooking with high culinary standards and fair labor practices.

ConsumerDirect to ConsumerFoodTechBoston, US

Co-investorsEqual Opportunity Ventures

Futuromediagroupfuturomediagroup.org𝕏

Futuro Media is an independent, non-profit news and podcast organization that produces multimedia content focused on Latino and diverse American communities.

Creator EconomyImpact & Social GoodMedia & EntertainmentNew York, US

Maria Hinojosa(Founder)

Hillsidesaucehillsidesauce.comin

Hillside Harvest produces handcrafted sauces made from simple ingredients, drawing on Jamaican and American culinary traditions.

ConsumerDirect to ConsumerFoodTechMilton, US

Kamaal Jarrett(Founder)

Kingstowngreenecocasketkingstowngreenecocasket.com
Livewakulivewaku.com

A beverage company offering herbal tea-based drinks in subscription format.

ConsumerDirect to ConsumerFoodTech

JuanNico

Co-investors37 AngelsHouston Angel Network

Math Talkmath-talk.com𝕏

MathTalk provides resources to help parents and young children explore and talk about math together, aiming to create positive early math learning experiences.

ConsumerEdTechCambridge, US

Omowale Moses(Executive Officer, Director)

Co-investorsAmerican Family Insurance Institute for Corporate and Social Impact

Mavenbldmavenbld.com
Meetcaregiversmeetcaregivers.comin𝕏Jul 2023

MeetCaregivers is a technology-enabled in-home senior care company that matches seniors with compatible caregivers and provides tools to coordinate and track care for families, health providers, and payers.

Digital HealthHealthtechLongevityMarketplacesNewton, US

Florence Furaha(Founder & CEO)inRitah Nakandi(Co-founder)inELIZABETH ROBERTS(Director)

Co-investors37 AngelsExpert DOJO

MentorWorksmentorworks.com

MentorWorks Education Capital is a fintech and certified Community Development Financial Institution (CDFI) that provides income-based financing through Income Share Agreements (ISAs) to students in higher education, certificate, and professional training programs in the U.S.

EdTechFintechHR Tech

Ki Akrami(Chief Investment Officer)

Co-investorsJuvo Ventures

Myecoautomyecoauto.com

Eco Auto is a used car dealership specializing in pre-owned electric and hybrid vehicles, including Tesla and Rivian, and offers vehicle servicing, financing, and trade-in appraisals.

CleantechE-commerceMobility & TransportationTewksbury, US

Nuevodiaadhcnuevodiaadhc.com
Qualityinteractionsqualityinteractions.com
Reneweprenewep.comin𝕏

Renew provides companies with project capital to secure access to reliable, affordable, and sustainable energy, heating, and cooling resources in response to rising energy costs and unreliability.

CleantechClimate TechEnergyFintechPropTech

HubbardMasonCary

Roundheadbrewingroundheadbrewing.com𝕏

Roundhead Brewing is a brewery that produces beer and operates a neighborhood taproom focused on bringing community members together.

ConsumerFoodTechBoston, US

Luis Espinoza(Co-founder)Craig Panzer(Co-founder)

Sign-Speaksign-speak.comin𝕏

Sign-Speak uses AI to translate communication into sign language, making information and content accessible to deaf and hard of hearing communities globally.

AI & Machine LearningDigital HealthSocialVictor, US

NikoNicholas Wilkins(Machine Learning Expert)inYamillet Payano(Co-founder)Nikolas Kelly(Executive Officer, Director)

Co-investorsLaunch NYTechstarsVisible Hands

Solomongroupllcsolomongroupllc.com

Solomon Group provides data analytics, research, and stakeholder engagement services to advance clean energy adoption in underserved communities.

CleantechClimate TechData & InfrastructureEnergyGovTechBoston, US

Aaron Wright(President & CEO)

Somervillecdcsomervillecdc.orgin𝕏

Somerville Community Corporation is a membership organization that supports low- and moderate-income residents in the City of Somerville through community organizing, affordable housing development and preservation, and financial education programs.

Impact & Social GoodPropTechSomerville, US

Sunwealth Powersunwealth.comin

Sunwealth is a clean energy investment firm that finances and manages solar and storage projects, partnering with local solar installers, community organizations, local businesses, and investors.

CleantechClimate TechEnergyFintechImpact & Social GoodCambridge, US

Jonathan D. Abe(Executive Officer, Director)Charley Gould(Executive Officer)inOmar Blayton(Executive Officer, Director)inRyan E. Dings(Executive Officer)in

BoardMatthew Coleman(Director)Andrew Karetsky(Director)

Co-investorsSkyview Ventures

Synergy Contracting

Painting and environmental remediation company that secured BII funding for heavy machinery and equipment to fuel its expansion, founded and led by Jeysi Zuniga.

Synergycoincsynergycoinc.comin

Synergy Contracting is a New England contractor providing environmental remediation, selective demolition, painting, final cleaning, labor support, material supply, and general construction services.

Construction Tech

Tarttstartts.com𝕏

Tartt's operates multi-site infant, toddler, and preschool programs in the Boston area.

ConsumerEdTechBoston, US

Bessie Tartt Wilson(Founder)

Tcprojecttcproject.org𝕏

TC Project is a nonprofit organization that provides music production, hip-hop, poetry, visual arts, and photography education through teaching artists.

Creator EconomyEdTechImpact & Social GoodSocialMassachusetts, US

Brandon Washington(Chair)Stanley Dominique(Vice Chair)Aziza Robinson-Goodnight(Fundraising Chair)Chris Harris(Treasurer)Amanda Shea(Clerk)Collin Knight(Board Member)

Thelazugroupthelazugroup.comin𝕏

The Lazu Group is a consultancy offering diversity, equity, inclusion, and belonging (DEIB) coaching, speaking, and consulting services to help organizations build inclusive workplaces and talent strategies.

Future of WorkHR Tech

Malia Lazu

Trillfittrillfit.com
Urbanfarminginstituteurbanfarminginstitute.orgin

The Urban Farming Institute of Boston is a nonprofit urban agriculture organization that operates community farms to produce healthy food and provide workforce development in BIPOC neighborhoods.

AgTechFoodTechImpact & Social GoodBoston, US

Amber Valbrun(President & CEO)Glynn LloydMargaret ConnorsBruce FulfordNataka Crayton WalkerBobby Walker

Valleyhomeinsulationvalleyhomeinsulation.com
Wash Cycle Laundrywashcyclelaundry.comin

Wash Cycle Laundry is a commercial laundry service for hotels and businesses in Boston and Philadelphia that uses chlorine-free chemistry, cargo bike logistics, and water/energy recycling.

Circular EconomyCleantechImpact & Social GoodBoston, US

Gabriel Mandujano(Founder & CEO)

Co-investorsRobin Hood Ventures

Wellspringharvestcoopwellspringharvestcoop.com

Wellspring Harvest is an employee-owned worker cooperative operating a hydroponic urban greenhouse in Springfield, Massachusetts that grows lettuce and herbs year-round for commercial and institutional customers in the Pioneer Valley and Northern Connecticut.

AgTechFoodTechImpact & Social GoodSpringfield, US

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Boston Impact Initiative (BII) invest at?
Boston Impact Initiative (BII) invests at the Seed stage.
What sectors does Boston Impact Initiative (BII) focus on?
Boston Impact Initiative (BII) focuses on Impact & Social Good, PropTech.
Where is Boston Impact Initiative (BII) located?
Boston Impact Initiative (BII) is headquartered in Boston, US.
Does Boston Impact Initiative (BII) lead rounds?
Boston Impact Initiative (BII) typically participates in rounds rather than leading them.

Images

Boston Impact Initiative (BII) photoBoston Impact Initiative (BII) photoBoston Impact Initiative (BII) photo

Similar investors

Featured in lists