Boston Impact Initiative (BII)

Boston Impact Initiative is an investment firm focused on supporting enterprises in Eastern Massachusetts that tackle the widening wealth gap and ecological challenges of our era. By providing capital to these impactful businesses, Boston Impact Initiative aims to drive positive social and environmental change in the region.

Betty Francisco

CEO

58 past transactions

florrent

Pre Seed Round in 2023
Florrent develops bio-based materials and high-energy-density supercapacitors derived from agricultural waste streams to address bottlenecks in decarbonization and electrification of transportation and buildings. Its technology aims to improve power quality and reliability while offering lower upfront and lifetime costs than conventional batteries, enabling commercial, industrial, and grid operators to enhance performance and support economic inclusion in underrepresented communities.

Boston While Black

Venture Round in 2023
Boston While Black is a membership network that serves Black professionals, entrepreneurs, and students by providing opportunities for connection and community. The organization operates a digital platform that hosts a variety of programs and events tailored to foster relationships among its members. Through culturally relevant experiences and access to mentors and leaders, Boston While Black equips its members with resources to navigate the nuances of Boston. The organization emphasizes the importance of building authentic networks and finding supportive communities, which enrich both personal and professional growth. By engaging with the city through a cultural lens, Boston While Black aims to enhance the experience of its members in their pursuit of success and fulfillment.

Community Purchasing Alliance

Venture Round in 2023
Community Purchasing Alliance provides management consulting and community organizing experiences. It focuses on helping community institutions save money and do good together. The company was founded in 2014 and is headquartered in Washington, District of Columbia.

And Still We Rise

Debt Financing in 2023
And Still We Rise is a specialized provider of mental health services and consulting. They focus on delivering culturally affirming care, offering therapy and life coaching services that respect and celebrate diverse backgrounds. Additionally, they provide consulting services to organizations, helping them foster inclusivity and create supportive environments. Their mission is to empower individuals and communities to decolonize mental health care and establish healing spaces for all.

Solomon Group Consulting

Private Equity Round in 2023
Solomon Group Consulting is a professional services firm that specializes in data analysis and strategic communications. They support clients in issue advocacy initiatives by providing operational research, strategic planning, marketing, and comprehensive communications services. Their expertise lies in navigating multicultural and multilingual environments, ensuring clients receive high-quality data management solutions.

Sign-Speak

Venture Round in 2023
Sign-Speak facilitates communication between the hearing and deaf/hard-of-hearing communities. It develops automatic, real-time captioning and ASL-to-English interpreting services via an online platform and mobile application. Its language software uses machine learning to recognize sign language and translate it into spoken word, and vice versa.

MathTalk

Venture Round in 2022
MathTalk is an organization dedicated to fostering a love for mathematics among adults and children, particularly in economically disadvantaged communities. It specializes in providing early education services aimed at low-income families, encouraging holistic engagement with math and numbers from an early age. MathTalk transforms public spaces such as waiting rooms, barbershops, bodegas, parks, and streets into creative learning environments. Additionally, the company offers an application that empowers both adults and children to explore early math concepts through their surroundings, making math accessible and enjoyable for all.

CareAcademy

Series B in 2022
CareAcademy offers online training for senior care professionals, empowering them to deliver high-quality service and improve the lives of elderly individuals. With over 250,000 direct care workers trained, CareAcademy provides comprehensive courses on infection control, nutrition, dementia care, fall prevention, and safe transfers. Its advanced reporting and compliance management dashboard enables efficient home care business operations.

Hillside Harvest

Debt Financing in 2022
Hillside Harvest is a sauce and condiment company specializing in hot sauces and marinades that emphasize distinctive flavors and culturally diverse ingredients. The company offers a selection of three unique hot sauces and a Jamaican jerk marinade, all crafted from a limited number of natural ingredients. By focusing on exciting tastes derived from basic components, Hillside Harvest aims to provide customers with exceptional sauces that enhance a variety of dishes, allowing for a flavorful culinary experience.

TrillFit

Seed Round in 2022
TrillFit is a boutique fitness brand enhancing wellness through its inclusive approach to building a gym community.

Ebcdc

Debt Financing in 2022
EBCDC is a community development corporation that engages in housing development activities for low and moderate families and older ones.

The LAZU Group

Debt Financing in 2021
The LAZU Group is a DEI services firm that offers strategies for product development, marketing, talent recruitment and retention, and community engagement.

Waku

Debt Financing in 2021
Waku creates healthy drinks. Their products include passion fruit, raspberry rose, and lemon tea. They also offer online shopping services.

EmVision Productions

Debt Financing in 2021
EmVision Productions creates video content that helps clients communicate their organization’s social impact.

AllHere Education

Series A in 2021
AllHere, Inc. is a Boston-based company that focuses on reducing chronic absenteeism in K-12 schools through its intervention management platform. The platform offers various tools, including referral management to analyze chronic absence data at multiple levels, intervention tracking applications for monitoring attendance interventions such as home visits and mentoring, and automated analytics reports to assess the effectiveness of intervention programs. Additionally, AllHere employs artificial intelligence and supervised machine learning to enhance its chatbot software, facilitating real-time, one-on-one communication between schools and families. This approach aims to create engaging experiences that support student recruitment, retention, and success by providing timely assistance and information to families.

99degrees Custom

Debt Financing in 2021
99C manufactures build-to-order apparel for the growing me-commerce market and serves as an economic mobility bridge for the local workforce in Lawrence and Lowell. It provides quick-turn performance activewear production, advanced concept incubation, and wearable technology integration for global and emerging brands.

Eastie Farm

Debt Financing in 2021
Eastie Farm is a grassroots endeavor to provide areas for producing food, community building, and environmental stewardship. They teach volunteers about gardening, rainfall conservation, food waste management, and other environmentally friendly measures while also getting to know their neighbors and having fun. Eastie Farm is headquartered in Boston, Massachusetts.

Beantown Builders

Debt Financing in 2021
Beantown Builders offers residential renovation and commercial remodeling services.

Caribbean Integration Community Development

Debt Financing in 2021
Caribbean Integration Community Development is a non-profit organization that focuses on developing and managing affordable housing.

Roundhead Brewing

Debt Financing in 2021
Roundhead Brewing offers a variety of craft beers and fresh pizza in the taproom and beer in cans to go.

Caraballo Accounting

Debt Financing in 2021
Caraballo Accounting offers accounting, tax preparation, training, and payroll services.

Casabe Fruit Store & Delicatessen

Debt Financing in 2021
Casabe Fruit Store & Delicatessen is an online ordering and delivery service that operates as both an eatery and a grocery store. It specializes in providing a wide range of organic and non-organic products, including fresh deli items, sandwiches, salads, fruits, vegetables, and various grocery essentials. The company focuses on offering healthy products to customers through convenient online ordering and delivery services.

AllHere Education

Seed Round in 2020
AllHere, Inc. is a Boston-based company that focuses on reducing chronic absenteeism in K-12 schools through its intervention management platform. The platform offers various tools, including referral management to analyze chronic absence data at multiple levels, intervention tracking applications for monitoring attendance interventions such as home visits and mentoring, and automated analytics reports to assess the effectiveness of intervention programs. Additionally, AllHere employs artificial intelligence and supervised machine learning to enhance its chatbot software, facilitating real-time, one-on-one communication between schools and families. This approach aims to create engaging experiences that support student recruitment, retention, and success by providing timely assistance and information to families.

Futuro Media Group

Debt Financing in 2020
To produce and distribute stories not being covered in the mainstream media that encourages people to find and value the agency of their voice. As an independent production organization, they aim to share and hear the voices of the overlooked and underrepresented through their television and radio programs, their social media and web presence, and their community outreach events. The Futuro Media Group is an independent nonprofit organization producing multimedia journalism that explores and gives a critical voice to the diversity of the American experience. Based in Harlem and founded in 2010 by award-winning journalist Maria Hinojosa, Futuro Media is committed to telling stories often overlooked by mainstream media. Futuro Media produces Latino USA, NPR’s only national Latino news and cultural weekly radio program, currently celebrating it’s 20th anniversary at it’s new hour-long format. Futuro Media also produces America By The Numbers with Maria Hinojosa, a new half-hour television series for PBS that examines how America’s growing multicultural population is influencing every aspect of contemporary life.

Somerville Community

Debt Financing in 2020
Somerville Community empowers residents to sustain a diverse, affordable, and vibrant city for everyone. It offers services and leads community organizing that supports low- and moderate-income Somerville residents in their efforts to achieve economic sustainability and increase civic participation.

Chelsea Business Foundation

Debt Financing in 2020
Chelsea Business Foundation is a charitable organization that develops economic development strategies. Its goal as a social entrepreneur is to promote a healthy economy, create an alluring environment, support the growth and prosperity of Latino and Small businesses, develop, restore, adapt real property and provide training opportunities that lead residents and community members to greater economic prosperity.

El Planeta

Debt Financing in 2020
El Planeta is a media and news company that offers information on local, national, political, economic, health and lifestyle topics.

Valley Home Insulation

Debt Financing in 2020
Valley Home Insulation delivers residential insulation and weatherization services to homes across Massachusetts. The company's goal is to help customers experience long-term utility cost savings and make their homes healthier and more comfortable.

Capital Good Fund

Debt Financing in 2020
Capital Goods Fund offers financial services. Through inclusive financial services, they provide pathways out of poverty and advance a green economy. For inquiries, telephone and email are used.

88 Acres

Venture Round in 2019
88 Acres is an artisan food company specializing in crafting healthy snack foods free from the top eight allergens. Their product range includes pumpkin seed butter, protein bars, and seed bars, designed to be enjoyed by all and suitable for various dietary needs.

MeetCaregivers

Pre Seed Round in 2019
MeetCaregivers is a marketplace dedicated to enhancing senior care by intelligently matching seniors with suitable caregivers. The company aims to provide high-quality in-home care along with various additional services, products, and technological tools tailored to meet the diverse needs of seniors. By utilizing innovative personality and culture competency matching technology, MeetCaregivers effectively lowers caregiver turnover rates and reduces senior isolation. The platform also assists seniors with instrumental activities of daily living, facilitating safer connections with professional caregivers. Through its comprehensive approach, MeetCaregivers strives to ensure that seniors can age healthily and happily in the comfort of their homes.

EVkids

Debt Financing in 2019
EVkids empowers underserved youth with the skills and confidence needed to realize their potential.

MentorWorks Education Capital

Seed Round in 2019
MentorWorks Education Capital, Inc. is a company that specializes in providing Income Share Agreement (ISA) financing, offering an alternative to traditional student loans. Founded in 2016 and based in Boston, Massachusetts, the company focuses on enabling students to complete their education and embark on successful careers. In addition to ISA financing, MentorWorks emphasizes career development by providing mentorship, professional networking opportunities, and access to employers. This comprehensive support structure aims to reduce students' financial burdens while facilitating their transition into the workforce, thereby creating a pathway for career success.

Futuro Media Group

Debt Financing in 2019
To produce and distribute stories not being covered in the mainstream media that encourages people to find and value the agency of their voice. As an independent production organization, they aim to share and hear the voices of the overlooked and underrepresented through their television and radio programs, their social media and web presence, and their community outreach events. The Futuro Media Group is an independent nonprofit organization producing multimedia journalism that explores and gives a critical voice to the diversity of the American experience. Based in Harlem and founded in 2010 by award-winning journalist Maria Hinojosa, Futuro Media is committed to telling stories often overlooked by mainstream media. Futuro Media produces Latino USA, NPR’s only national Latino news and cultural weekly radio program, currently celebrating it’s 20th anniversary at it’s new hour-long format. Futuro Media also produces America By The Numbers with Maria Hinojosa, a new half-hour television series for PBS that examines how America’s growing multicultural population is influencing every aspect of contemporary life.

Five Star Plating

Debt Financing in 2019
Five Star Plating provides metal surface coating and plating to prevent corrosion, maintain electrical conductivity, and improve the aesthetics of a product. Five Star Plating is headquartered in Lawrence, Massachusetts and was founded in 2010.

Pristine Engineers

Debt Financing in 2019
Pristine Engineers provides engineering, design, and construction administration services for heating, ventilation, air conditioning HVAC, electrical, plumbing, fire protection, and renewable energy systems. They offers MEP and FP engineering services. They provide auto and/or revit, utilized as MEP and FP drafting tools are BIM software.

Tartts Day Care

Debt Financing in 2019
Tartts Day Care engages in providing childcare services for working professionals.

CareAcademy

Seed Round in 2018
CareAcademy offers online training for senior care professionals, empowering them to deliver high-quality service and improve the lives of elderly individuals. With over 250,000 direct care workers trained, CareAcademy provides comprehensive courses on infection control, nutrition, dementia care, fall prevention, and safe transfers. Its advanced reporting and compliance management dashboard enables efficient home care business operations.

Democracy Brewing

Seed Round in 2018
Democracy Brewing is a worker-owned cooperative brewery and pub dedicated to producing quality beers while fostering community engagement. It operates a traditional public house that combines the warmth of a neighborhood gathering place with the ambiance of an old-world beer hall. The establishment offers a diverse selection of beers, complemented by food, live music, and movie screenings, all aimed at providing an enjoyable and accessible experience for its patrons. Through its commitment to both craft brewing and community support, Democracy Brewing emphasizes a collaborative and inclusive approach to its operations.

DoneGood

Seed Round in 2018
DoneGood, LLC is an online platform headquartered in Boston, Massachusetts, that connects consumers with businesses aligned with ethical and sustainable practices. Founded in 2014, DoneGood operates as a shopping extension and app, allowing individuals to discover brands that prioritize social and environmental responsibility. The platform facilitates access to a diverse range of products, including fair trade, organic, and eco-friendly items, while also providing discounts at social enterprises. DoneGood empowers users to support companies that contribute positively to society and the planet, offering insights into these businesses' practices, such as sourcing, employment policies, and environmental impact. Through its innovative approach, DoneGood aims to promote ethical consumption and drive positive change in the marketplace.

Boston Neighborhood Community Land Trust

Debt Financing in 2018
Boston Neighborhood Community Land Trust builds an equitable Boston through community controlled housing.

Maven Construction

Venture Round in 2018
Maven Construction is a general contracting firm that provides construction management services.

Delectable Desires Pastries

Debt Financing in 2017
Delectable Desires Pastries specializes in custom designer cakes, fresh baked morning pastries and French pastries.

DoneGood

Debt Financing in 2017
DoneGood, LLC is an online platform headquartered in Boston, Massachusetts, that connects consumers with businesses aligned with ethical and sustainable practices. Founded in 2014, DoneGood operates as a shopping extension and app, allowing individuals to discover brands that prioritize social and environmental responsibility. The platform facilitates access to a diverse range of products, including fair trade, organic, and eco-friendly items, while also providing discounts at social enterprises. DoneGood empowers users to support companies that contribute positively to society and the planet, offering insights into these businesses' practices, such as sourcing, employment policies, and environmental impact. Through its innovative approach, DoneGood aims to promote ethical consumption and drive positive change in the marketplace.

Sunwealth Power

Seed Round in 2017
Sunwealth Power is a clean energy investment firm focused on commercial solar. It uses a proprietary methodology to identify high-performance, high-impact solar projects and builds a diversified portfolio of assets that generate returns and clean energy. The company employs a tech-driven investment approach and leverages its experience in solar to support the deployment of solar power for businesses, municipalities, and nonprofit organizations, delivering favorable financial outcomes alongside meaningful environmental impact.

CERO Cooperative

Debt Financing in 2017
CERO Cooperative is a commercial composting company based out of Dorchester, Massachusetts. It offers food waste pickup and diversion services for a wide range of commercial clients in the metro Boston area, and transport compostables to local farms where they are returned to the soil and used to support the local agricultural economy.

WeSpire

Convertible Note in 2017
WeSpire Inc. is an engagement platform headquartered in Boston, Massachusetts, that specializes in sustainability and responsibility programs for global corporations. Founded in 2010 and previously known as Practically Green, the company employs persuasive technology to foster employee engagement in a variety of initiatives, including energy efficiency, water conservation, waste management, transportation, food sustainability, volunteerism, and corporate citizenship. WeSpire's platform utilizes dynamic content, social levers, and gamification, supported by applied behavioral science, to enhance participation in these programs. By providing a configurable library of action-based programs, WeSpire enables organizations to drive measurable positive impacts and improve environmental, social, and cultural outcomes. The company collaborates with prominent brands such as Unilever, MGM Resorts International, and Sony to promote engagement in corporate sustainability and social responsibility efforts.

CERO Cooperative

Seed Round in 2014
CERO Cooperative is a commercial composting company based out of Dorchester, Massachusetts. It offers food waste pickup and diversion services for a wide range of commercial clients in the metro Boston area, and transport compostables to local farms where they are returned to the soil and used to support the local agricultural economy.

Wash Cycle Laundry

Seed Round in 2013
Founded in 2010, Wash Cycle Laundry provides eco-friendly laundry services for homes, offices, universities, hospitals, hotels, and shelters. They offer wash-and-fold, dry cleaning using non-perc solvents, and managed on-premise laundry services.

Entrepreneurship for All

Seed Round in 2013
Entrepreneurship for All (EforAll) is accelerating economic & social impact in communities through inclusive entrepreneurship.

WeSpire

Seed Round in 2013
WeSpire Inc. is an engagement platform headquartered in Boston, Massachusetts, that specializes in sustainability and responsibility programs for global corporations. Founded in 2010 and previously known as Practically Green, the company employs persuasive technology to foster employee engagement in a variety of initiatives, including energy efficiency, water conservation, waste management, transportation, food sustainability, volunteerism, and corporate citizenship. WeSpire's platform utilizes dynamic content, social levers, and gamification, supported by applied behavioral science, to enhance participation in these programs. By providing a configurable library of action-based programs, WeSpire enables organizations to drive measurable positive impacts and improve environmental, social, and cultural outcomes. The company collaborates with prominent brands such as Unilever, MGM Resorts International, and Sony to promote engagement in corporate sustainability and social responsibility efforts.

Urban Farming Institute of Boston

Seed Round in 2013
Urban Farming Institute is a learning facility offering integrative farming methods designed to improve indoor farming operations. It combines tested, patented technologies with expert support on a global scale, assisting urban farmers in the process of vertical farming and streamlining processes linked to indoor horticulture. To get people involved in growing food and creating a healthy community, it has as its aim to create and promote urban farming.

Commonwealth Kitchen

Seed Round in 2013
CommonWealth Kitchen is a collaborative community, providing shared kitchens combined with business assistance to help aspiring entrepreneurs build great food companies, create jobs, improve healthy food access, and strengthen our regional food economy.

Dorchester Community Food Cooperative

Grant in 2013
Dorchester Community Food Cooperative is an initiative to build a community and worker-owned grocery store that offers economic opportunity and healthy affordable food. It is dedicated to provides healthy food accessible and advances economic opportunity through neighborhood engagement. The company was founded in 2012 and is headquartered in Dorchester, Massachusetts.

Capital Good Fund

Seed Round in 2013
Capital Goods Fund offers financial services. Through inclusive financial services, they provide pathways out of poverty and advance a green economy. For inquiries, telephone and email are used.

Pristine Engineers

Seed Round in 2013
Pristine Engineers provides engineering, design, and construction administration services for heating, ventilation, air conditioning HVAC, electrical, plumbing, fire protection, and renewable energy systems. They offers MEP and FP engineering services. They provide auto and/or revit, utilized as MEP and FP drafting tools are BIM software.

Futuro Media Group

Venture Round in 2013
To produce and distribute stories not being covered in the mainstream media that encourages people to find and value the agency of their voice. As an independent production organization, they aim to share and hear the voices of the overlooked and underrepresented through their television and radio programs, their social media and web presence, and their community outreach events. The Futuro Media Group is an independent nonprofit organization producing multimedia journalism that explores and gives a critical voice to the diversity of the American experience. Based in Harlem and founded in 2010 by award-winning journalist Maria Hinojosa, Futuro Media is committed to telling stories often overlooked by mainstream media. Futuro Media produces Latino USA, NPR’s only national Latino news and cultural weekly radio program, currently celebrating it’s 20th anniversary at it’s new hour-long format. Futuro Media also produces America By The Numbers with Maria Hinojosa, a new half-hour television series for PBS that examines how America’s growing multicultural population is influencing every aspect of contemporary life.
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