A: Our investments directly address poverty, inequality, and social exclusion by improving work quality for those most in need. Every portfolio company must demonstrate clear benefit to low-paid or precarious workers, creating measurable social outcomes that align with charitable missions focused on reducing disadvantage and improving life opportunities.

A: We target concessionary venture capital returns while prioritising social impact. Our focus on underserved markets and technology solutions creates opportunities for both financial success and meaningful social change. We provide quarterly financial reporting alongside detailed impact measurement to ensure transparency on both dimensions.

A: We use a rigorous, three-level impact framework (Connected, Improved, Transformed) with specific KPIs agreed for each portfolio company. Our approach builds on established impact measurement standards and includes quarterly monitoring, annual comprehensive reporting, and external validation where possible. All impact claims are evidence-based and transparently reported.

A: We integrate ESG considerations throughout our investment process, with particular focus on governance structures in early-stage companies, diversity and inclusion, AI and data ethics, and avoiding unintended social harm. We provide ongoing support to portfolio companies on ESG matters and follow established ESG policies developed in partnership with VentureESG.

A: Mission alignment is built into our investment terms and ongoing engagement. We maintain board representation or observer rights, provide regular impact support and guidance, and include impact reporting requirements in all investment agreements. Our deep involvement helps ensure companies maintain their social focus as they scale.

A: Our investment terms include specific commitments to serving target worker groups. We work closely with management teams to ensure mission alignment, and our ongoing support helps companies find sustainable business models that maintain social impact. If companies pivot away from our mission, we have appropriate protections in place.

A: Unlike traditional VC, we prioritise companies serving low-paid workers rather than knowledge workers. We integrate impact measurement from day one, provide ongoing support for social outcomes alongside business growth, and measure success through both financial returns and social change. Our patient capital approach recognises that serving underserved markets may require different timelines and strategies.

A: We offer comprehensive support including impact measurement system design, introduction to relevant networks and potential customers, guidance on sustainable business models for serving low-income workers, assistance with follow-on fundraising, and connection to Resolution Foundation research and policy expertise.

A: Our investment approach is designed to find opportunities where financial success and social impact align. We focus on large, underserved markets where serving worker needs creates sustainable business opportunities. When tensions arise, we work with management teams to find solutions that maintain both financial viability and social impact.

A: We make pre-seed and seed stage investments, typically ranging from £75k to £200k as lead or co-investor. Our fund has a 10-year timeline with potential for extension, allowing patient capital that recognises the time needed to build sustainable solutions for underserved markets.