Marigold Capital

Marigold Capital, based in Toronto, Canada, is a management consulting and fund management firm established in 2010, specializing in private-market impact investing. The firm focuses on resilient and growing North American companies that contribute positively to financial, operational, and social outcomes for various stakeholders, including employees, clients, and communities. Marigold Capital employs a #gendersmart approach in its investment thesis and is recognized as one of Canada's leading impact investors. As a Certified B Corp and a member of the Canadian Venture Capital Association, Marigold is committed to social justice and removing structural barriers that hinder marginalized individuals from fully participating in society. The firm has publicly pledged to support initiatives aimed at promoting equality and is actively engaged in redefining traditional finance to foster inclusivity and empowerment across diverse sectors, including business products, consumer services, financial services, and healthcare.

Narinder Dhami

Managing Partner

5 past transactions

Hop In Technologies

Pre Seed Round in 2021
Hop In Technologies is revolutionizing the way employees get to work by improving accessibility to workplaces. Through their shuttle solutions, Hop In empowers corporations to be the driving force behind an improved quality of life for their employees.

Goodee

Seed Round in 2020
Goodee Inc. operates an e-commerce marketplace that focuses on curated home and lifestyle products. Founded in 2017 and based in Montreal, Canada, the company provides a diverse range of essential homewares and sustainable designs. Goodee's platform features various brands, offering products that include furniture, decorative items, and dining essentials. By emphasizing affordability and sustainability, Goodee aims to help customers create personalized living spaces that reflect their individual styles.

NeedsList

Venture Round in 2019
NeedsList PBC operates a digital platform designed to connect individual and corporate donors with non-governmental organizations (NGOs) to facilitate humanitarian aid. Established in 2016 and based in Philadelphia, Pennsylvania, the platform focuses on assisting refugees, supporting local economies, and promoting grassroots innovations. It partners with local aid organizations to identify urgent needs and utilizes local suppliers for quick and sustainable delivery of food, transportation, and essential supplies. Users can engage with the platform by donating cash, purchasing products, or volunteering. NeedsList emphasizes transparency and efficiency in its operations, providing real-time impact metrics to help partner organizations monitor their activities and outcomes. The company generates revenue through commissions from affiliate suppliers and enterprise users of its platform.

Ulula

Series A in 2019
Ulula LLC specializes in developing a software and analytics platform that helps companies monitor human rights and environmental, social, and governance (ESG) risks in their supply chains. Founded in 2013 and based in Toronto, with an additional office in New York, Ulula utilizes mobile technologies such as SMS, USSD, and IVR to facilitate real-time engagement between organizations and their workers. This platform allows businesses in sectors such as food and beverage, garment manufacturing, mining, and agriculture to gather crowd-sourced data from stakeholders, transforming it into actionable intelligence. By creating sustainable feedback loops, Ulula aims to predict and prevent potential risks, enhance compliance with socio-environmental regulations, and improve decision-making processes. The company’s approach significantly reduces the costs associated with data collection and automates reporting, making it easier for businesses to address ESG challenges effectively.

The Discourse

Seed Round in 2019
Discourse Media is an innovative digital news media company that provides high-quality investigative journalism about the issues that matter most to Canadians. They are boldly re-imagining journalism: how it is produced and delivered, how it is funded and most importantly, how it can serve communities — not advertisers or foreign investors.
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