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Impact Engine

Impact investor

Chicago · Seed–Late Stage · 23 people tracked

Also known as IMPACT ENGINE MANAGEMENT, PBC

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Investment thesis

Impact Engine invests with the goal of optimizing both financial and social returns. It builds and manages venture capital and private equity portfolios focused on driving positive impact across three core themes: economic opportunity, environmental sustainability, and health equity. As a registered investment advisor, the firm targets measurable social and environmental outcomes alongside financial performance.

Source: firm website, verified Aug 7, 2026.

Stage
Seed–Late Stage
Check
$250K – $3M
HQ
Chicago, Illinois, US
Leads rounds
Follows
Instruments
Equity
Founded
2012
AUM
$244.5M
Tracked investments
73

Team · 23 people

from the firm's website & public directories

What they invest in

from 41 of 73 portfolio companies

Healthtech ×9Cleantech ×8Climate Tech ×8EdTech ×8AI & Machine Learning ×7Digital Health ×7Energy ×6SaaS ×6

HQs:United States×20India×1Sweden×1

Investments · 73 tracked

founders shown can be your intro path

By year:2022 · 12019 · 12014 · 13 dated

Jail Education SolutionsJul 2014SEC filingmedium confidence

Chicago, US

Carl Alguire(Executive Officer, Director)Harry Harczak(Director)Greg Lernihan(Director)Brian Hill(Executive Officer, Director)Chris Bentley(Director)

Board seatGreg Lernihan· per SEC Form D · $1.9M raise · filed Feb 2016

Aceleroacelero.netin

Acelero Learning is an early childhood education provider that delivers Head Start preschool programs to prepare children for kindergarten and partners with their families.

EdTechImpact & Social Good

Acreacre.vc

Acre is a venture capital firm that invests in companies building technologies and infrastructure for the food and agriculture system, with a focus on human and environmental health.

AgTechFoodTechImpact & Social Good

Activate Capitalactivatecap.com
Afreshafreshtechnologies.comin

Afresh provides an AI platform for grocery retailers and distributors that converts operational data into ordering and inventory decisions.

AI & Machine LearningRetail TechSaaS

Alcanzaclinicalalcanzaclinical.comin

Alcanza Clinical Research is an investigator site network that conducts clinical trials across multiple locations in the United States, operating facilities in states including Tennessee, Florida, Illinois, and Arizona.

BiotechDigital HealthHealthtech

Arapartnersarapartners.comin

Ara Partners is a private equity and infrastructure investment firm focused on industrial decarbonization, investing in technologies, businesses, and infrastructure that reduce waste and emissions across high-polluting sectors of the industrial economy.

CleantechClimate TechEnergy

Arrayarraybc.comin

Array Behavioral Care delivers virtual psychiatry and therapy services integrated across hospital, outpatient, and community settings.

Digital HealthHealthtechMental Health

Ascendpartnersascendpartners.comin

Ascend is a growth-oriented private equity firm focused on the healthcare sector, investing in community-oriented healthcare companies.

Digital HealthHealthtech

Blume Equityblumeequity.com

Blume Equity is a European investment firm focused on climate technology, partnering with growth-stage companies working on climate and sustainability solutions.

CleantechClimate Tech

BookNookbooknooklearning.com
Brightcore Energyin

EnergyMount Kisco, US

Konstantin Braun(Executive Officer, Director)Michael Thomas Richter(Executive Officer, Director)Robert Jeffrey Krugel(Executive Officer, Director)

CancerIQcanceriq.comin𝕏
Candidly (formerly FutureFuel.io)candid.lyin𝕏

Candidly provides AI-powered solutions and tools, including conversational AI, for managing student debt and related financial benefits.

AI & Machine LearningFintech

Carbondirectcapitalcarbondirectcapital.com

Carbon Direct Capital is an investment firm that backs growth-stage companies in the carbon management sector, using a science-focused approach.

CleantechClimate TechImpact & Social Good

Circuitridecircuit.comin𝕏
Climb Creditclimbcredit.comin𝕏

New York, US

Amit Sinha(Executive Officer, Director)Nicholas Calamari(Executive Officer, Director)Vishal Garg(Director)Alexander Rafael(Executive Officer, Director)

Clinify Healthclinifyhealth.comin

HealthtechChicago, US

Congruentvccongruentvc.com
Corecore.eduin

Core Education PBC is a business transformation partner for higher education institutions, helping universities restructure their operating models and reduce operational fragmentation.

EdTech

Kamalika Sandell(Founding Board Member)

Corevccorevc.com
Eifeif.vc
Elvieelvie.com
Eridirecteridirect.com
Ewastemonitorewastemonitor.infoin𝕏
Excolerepartnersexcolerepartners.com

Excolere Equity Partners is a private equity firm that invests in and works operationally with companies in the education and human capital management sectors.

EdTechHR Tech

Footprint USfootprintus.comin𝕏
Full Harvestfullharvest.comin𝕏

Full Harvest builds an agentic intelligence platform that orchestrates transactions and operations across the North American fresh produce supply chain, helping buyers and growers navigate climate volatility, labor shortages, and regulatory complexity.

AgTechAI & Machine LearningLogistics & Supply Chain

GlacierGridglaciergrid.comin𝕏

GlacierGrid provides smart energy management software that monitors and optimizes HVAC and refrigeration systems to reduce energy consumption and costs.

AI & Machine LearningCleantechClimate TechEnergySaaSRichmond, US

Manik Suri(Founder and CEO)Gerald Zingraf(Chief Operating Officer)Liz Piontkowski(VP of Operations)Alex See(VP of Product)

Jettyjetty.comin𝕏

Jetty provides financial services and solutions designed for renters and property managers to make rental payments more flexible and accessible.

FintechPropTech

Mike Rudoy(Founder & CEO)

Kaizenhealthkaizenhealth.org
KickUpkickup.coin𝕏

KickUp provides a professional development, coaching, and staff evaluation system for school leaders.

AI & Machine LearningEdTechHR TechWashington, US

Victoria Kinzig(Executive Officer, Director)Jeremy Rogoff(Executive Officer, Director)

Kin Insurancekin.comin𝕏

Kin is a home insurance provider that offers both self-service and agent-assisted policy purchase and management for homeowners.

InsurTechChicago, US

Sean Harper(Co-Founder and Chief Executive Officer)S. Caribou Honig(Director)Lucas Ward(Executive Officer and Director)

BoardEric Carlborg(Director)Dan Rosen(Director)

Leapfroginvestleapfroginvest.com
Learnluxlearnlux.comin

LearnLux provides personalized financial guidance to employees through employers, covering budgeting, debt management, benefits navigation, and long-term planning delivered by credentialed financial planners on a fiduciary basis.

FintechHR TechSaaSWellness & FitnessBoston, US

Rebecca Liebman(Chief Executive Officer)Michael Liebman(Vice President, Treasurer and Assistant Secretary)

Lumoscapitalgrouplumoscapitalgroup.comin

Lumos Capital is a growth-stage investment firm that backs technology companies in the human capital development sector, spanning education from early childhood through lifelong learning and enterprise workforce training.

EdTechFuture of Work

Market Wagonmarketwagon.com
Martiscapitalmartiscapital.comin

Martis Capital is a healthcare-focused investment firm that partners with founder-led companies and management teams to help them scale and improve quality of care.

HealthtechWashington, US

Matsmartmatsmart.sein

Matsmart is a Swedish online store that sells surplus and short-dated food, beverages, and household and beauty products at discounted prices to consumers.

Circular EconomyE-commerceFoodTech

Measurablmeasurabl.comin𝕏

Measurabl is a sustainability data platform for real estate organizations that enables measurement, management, and reporting of environmental performance across buildings and properties.

Climate TechData & InfrastructurePropTechSaaSSan Diego, US

Matt Ellis(Founder)inLance Onken(Founder)Maureen(CEO)Lindsay Luger(Director)Waters Maureen(Executive Officer)Liza Benson(Director)

Midi Healthjoinmidi.cominOct 2022

MIDI develops digital health solutions for patients and clinicians to improve access to and delivery of care across diverse populations.

Digital HealthHealthtechLos Altos Hills, US

Allison Gates(Director)Joanna Stober(Executive Officer, Director)Sharon Meers(Executive Officer, Director)

Mosaic Cpmosaic-cp.comin

Mosaic is a private equity firm focused on employee ownership, using an employee ownership buyout strategy to acquire businesses through change-of-control transactions.

Sector Agnostic

Movn Healthmovnhealth.comin𝕏
Nephroplusnephroplus.comin𝕏

NephroPlus is India's largest dialysis service provider offering hemodialysis, home and mobile dialysis, and pharmacy and wellness services across India, Nepal, the Philippines, and Uzbekistan.

HealthtechMedical DevicesHyderabad, IN

Kamal D. Shah(Founder)Vikram Vuppala(Founder)

Nextbillionnextbillion.capitalin

Next Billion Capital Partners is a growth-equity firm providing growth capital and strategic guidance to technology-driven companies in emerging markets across Southeast Asia, Latin America, and Africa.

Onlinemededonlinemeded.org

OnlineMedEd, now on the Archer Review platform, is a medical exam preparation service offering video lectures, question banks, and illustrated notes for medical, DO, and PA students.

Digital HealthEdTech

PadSplitpadsplit.comin𝕏

PropTechAtlanta, US

Arjan Schutte(Director)Atticus LeBlanc(Executive Officer, Director)Kathryn Petralia(Director)

Paladin EnviroTechpaladinenvirotech.com
Perfectpowerllcperfectpowerllc.com

Perfect Power is an energy company developing battery energy storage system (BESS) projects, including its Jaguar BESS project.

CleantechEnergy

Plumplum.ioin𝕏

Plum offers psychometric-based talent assessments that use its Role Model technology to map behavioral profiles against real-world jobs and predict on-the-job performance.

AI & Machine LearningEnterprise SoftwareHR TechSaaS

Posigenposigen.com

PosiGen is a residential solar company that installs and services solar energy systems for homeowners, including system monitoring and billing.

CleantechClimate TechEnergy

Quadriaquadriacapital.comin

Quadria Capital is a private equity firm investing in healthcare companies across Asia, focusing on scalable healthcare businesses with strong management teams and market differentiation potential.

Reach IIIreachcapital.com
ReUp Educationreupeducation.cominApr 2019

ReUp Education partners with colleges and state higher education systems to help them re-enroll and support returning adult students, offering patented persona technology, 1:1 success coaching, self-serve planning tools, and strategic insights.

EdTechSaaSSan Francisco, US

Jonathan Mokrauer(Director)Paul Freedman(Executive Officer, Director)Ryan Craig(Director)Nitzan Pelman(Executive Officer, Director)Jason Sanders(Executive Officer, Director)

Sempervirensvcsempervirensvc.com
Sercapitalpartnerssercapitalpartners.comin

SER Capital Partners is a middle-market private investment firm focused on North American industrial sustainability, investing in businesses across sustainable industrial, environmental, and renewable sectors.

CleantechClimate TechEnergy

Slangslangapp.com
Stellicstellic.comin

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Impact Engine invest at?
Impact Engine invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Impact Engine's typical check size?
Impact Engine typically writes checks of $250K – $3M.
What sectors does Impact Engine focus on?
Impact Engine focuses on Cleantech, Climate Tech, EdTech, Energy, Healthtech, Impact & Social Good, SaaS.
Where is Impact Engine located?
Impact Engine is headquartered in Chicago, US.
Does Impact Engine lead rounds?
Impact Engine typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Impact Now with Amit Bouri | Jessica Droste Yagan of Impact Engine

The Global Impact Investing Network · Jessica Droste Yagan

Impact Entrepreneur Interview with Jessica Droste Yagan of Impact Engine

Impact Entrepreneur · Jessica Droste Yagan

Jessica Droste Yagan, CEO of Impact Engine

advisorTV · Jessica Droste Yagan

Images

Impact Engine photo

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