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North Sky

Impact investor

Wayzata · 18 people tracked

Also known as North Sky Capital, Llc

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Investment thesis

North Sky Capital positions itself as a long-tenured innovator in the impact investment marketplace. The firm seeks to create positive social and environmental impact while generating strong financial returns. It pursues this through a diversified approach, investing across direct company investments, private equity funds, and infrastructure projects that it believes make the world a better place.

Source: firm website, verified Aug 25, 2026.

HQ
Wayzata, MN, US
Instruments
Equity
Founded
2000
AUM
$986.1M
Tracked investments
2

Team · 18 people

from the firm's website
Nate Condon· Vice President

What they invest in

from 2 of 2 portfolio companies

Energy ×2AI & Machine Learning ×1Cleantech ×1Climate Tech ×1Data & Infrastructure ×1SaaS ×1

HQs:United States×2

Investments · 2 tracked

founders shown can be your intro path
Orendaorendapower.comin✓ verified

Orenda Power develops standalone battery energy storage projects in Downstate New York, handling origination, site diligence, permitting, interconnection, EPC management, and asset operations.

CleantechClimate TechEnergyBrooklyn, US

William L Grinstead(Executive Officer, Director)

BoardDonn Fuller(Director)Mike Reynolds(Director)Blane Grinstead(Director)

GeoDigitalgeodigital.comin𝕏

GeoDigital provides aerial LiDAR and imagery acquisition, FAC-003 vegetation analytics, and 3D right-of-way visualization for electric utilities, along with its WorkStudio software suite for managing engineering design, vegetation management, inspections, and maintenance planning.

AI & Machine LearningData & InfrastructureEnergySaaSAtlanta, US

Brett Kastenin

Co-investorsEmerald Technology Ventures AgEnerTech Capital

Fund performance · per public LP disclosures · 3

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
North Sky Clean Growth VLPs: Teachers' Retirement System of Oklahoma20191.61x0.87x
North Sky Capital LBO Fund III, L.P.LPs: Minnesota State Board of Investment201414.6%1.53x1.43x
North Sky Capital Venture Fund III, L.P.LPs: Minnesota State Board of Investment20149.4%1.26x1.15x

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

What sectors does North Sky focus on?
North Sky focuses on Impact & Social Good.
Where is North Sky located?
North Sky is headquartered in Wayzata, US.

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