Austin Impact Capital

Austin Impact Capital is an impact investment firm based in Austin, Texas, founded in 2015. The firm specializes in bridging the gap between social entrepreneurs and investors to foster sustained social impact. Recognizing the need for a balance between generating financial returns and achieving social benefits, Austin Impact Capital provides guidance on how to effectively navigate this dual imperative. The firm offers insights and models to help stakeholders align their investment strategies with social goals, thereby promoting a collaborative approach that enhances both economic and social outcomes.

John Thornborrow

Founder

3 past transactions

Wedge

Seed Round in 2021
Wedge is a fintech app that allows users to make everyday purchases using any asset supported through its platform and brokerage partners (>2,000 stocks, ETF’s and crypto), all with a single debit card. Wedge's capacity to create instant liquidity of assets means that, functionally, users can buy lunch with Bitcoin, or go to an ATM and pull-out cash that was seconds before stock in Tesla, and seamlessly capitalize on market movements every time they make a purchase. To date, Wedge users have saved >10% on their purchases by being able to capitalize on this new capability. Wedge's ability to allow users to spend using any asset, with detailed cost-basis visibility, and rewards program, is unique in the market, and positions it to be a leader in the payments space.

The Helper Bees

Series A in 2020
The Helper Bees, Inc. is a company that facilitates connections between seniors and local helpers for various home care services across the United States. Founded in 2015 and based in Austin, Texas, the platform allows seniors to view, select, and hire assistance for tasks such as light housekeeping, transportation, grocery shopping, and personal care, including specialized services for conditions like Alzheimer’s and Parkinson’s disease. In addition to its direct services, The Helper Bees collaborates with major insurance carriers to enhance the home care experience through digital solutions, machine learning, and analytics. This approach aims to improve the accessibility and quality of care for families, ensuring they have the necessary resources and support for their loved ones.

Infinite-Compute.com

Seed Round in 2020
Infinite-Compute.com, LLC is a cloud-computing technology platform that offers software-as-a-service (SaaS) and platform-as-a-service (PaaS) solutions, specifically designed to support gig economy workers. Established in 2018 and headquartered in Cheyenne, Wyoming, the company provides a commitment-free, on-demand marketplace for accessing a variety of computer-aided design (CAD) applications. This pay-as-you-go model enables users to discover and utilize the necessary software for professional, educational, or personal projects, thereby transforming how creative individuals access essential tools. Through its innovative platform, Infinite-Compute aims to simplify the user experience and broaden access to vital resources for a diverse range of users.
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