Calvert Research and Management

Calvert Group, founded in 1976 and based in Bethesda, Maryland, is an investment advisor managing over $7.5 billion in assets. The firm specializes in a variety of equity investment strategies, including aggressive growth, growth and value, and social screening, with a focus on diversifying investments across the United States, Europe, and emerging markets. Originally established as the Government Securities Management Company, Calvert was a pioneer in offering variable-rate money market funds to the public, seeking to provide higher yields while maintaining safety. The firm is dedicated to building sustainable long-term value in the companies it invests in, catering to a diverse clientele that includes corporate, government, and high-net-worth individuals. As a subsidiary of Ameritas Life Insurance Corp, Calvert Group continues to offer comprehensive asset management, investment management, and portfolio management services.

Hellen Mbugua

Senior ESG Research Analyst

12 past transactions

Entouch

Series C in 2016
EnTouch Controls, Inc. specializes in developing a wireless energy management system tailored for multi-site small and medium businesses across various sectors, including retail, property management, restaurants, healthcare, education, and hospitality. Founded in 2008 and based in Richardson, Texas, the company offers a cloud-based platform that integrates solutions for energy management, facility oversight, and asset optimization. Its services include real-time dashboards and analytics, which help clients monitor performance, detect HVAC maintenance issues, and optimize energy consumption. By providing tools for management analytics and issue resolution tracking, EnTouch aims to enhance operational efficiency and profitability for national chains, franchise owners, schools, and offices.

PresenceLearning

Series B in 2013
PresenceLearning, Inc. offers online special education services, including speech therapy, occupational therapy, behavioral interventions, and mental health support, to K-12 students and school districts across the United States and Canada. Utilizing a web-based videoconferencing platform, the company connects schools and parents with a network of licensed speech-language pathologists and other specialists through a variety of online tools and evidence-based therapeutic activities. Founded in 2009 and headquartered in San Francisco, California, PresenceLearning has established itself as a leader in delivering clinical services via the internet, successfully providing over 2.5 million teletherapy sessions since its inception. The company, formerly known as Presence Telecare, Inc., rebranded to its current name in August 2011.

LearnZillion

Series A in 2013
LearnZillion, Inc. is an educational technology company based in Washington, D.C., that provides open and cloud-based curriculum resources to schools, particularly focusing on mathematics and English literacy. Founded in 2011, the company offers a platform that includes video lessons, practice problems, and instructional materials tailored to new educational standards. Its solutions are designed to support teachers in their instruction, allowing them to track student performance and address individual learning needs. Additionally, LearnZillion provides task-implementation guides that facilitate interactive learning between students and educators. The company also offers a mobile application to enhance accessibility and engagement. As of January 2020, LearnZillion operates as a subsidiary of Weld North Education, LLC.

Kickboard

Seed Round in 2011
Kickboard is a next-generation grade book-as-a-platform. Using Kickboard, teachers collect, analyze and share mission-critical data, including multiple assessments, standards mastery, reading growth, 21st-century skills, parent communication, and, most uniquely, student behavior and character strengths. The platform is built by educators for educators and offers a simple yet powerful web-based dashboard to increase alignment, consistency, and real-time visibility of student performance across classrooms.

Powerspan

Series D in 2008
Founded in 1994 as Zero Emissions Technology and later renamed Powerspan Corp, Powerspan initially provided technology to control particulate emissions from coal-fired, electric power plants. As compliance deadlines of the Clean Air Act Acid Rain Program approached, Powerspan recognized the growing importance of a multi-pollutant solution for controlling emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) in addition to particulate emissions. Standard technology generally addresses each pollutant individually, necessitating the installation of separate, costly devices, requiring large spaces not always available on space-constrained sites that are typical of existing power plants. Powerspan sought to develop an integrated approach to achieve multi-pollutant reductions at a lower cost than commercially available systems, enabling power plant owners to meet existing and future environmental requirements in a cost-effective manner.

groSolar

Venture Round in 2008
groSolar is a company based in Columbia, Maryland, specializing in the development and turnkey engineering, procurement, and construction (EPC) of solar photovoltaic (PV) projects. It serves a diverse clientele, including developers, investors, utilities, and various commercial, government, and institutional clients. With a proven track record, groSolar has designed, built, and installed over 90 megawatts of solar PV systems across more than 2,000 installations throughout the United States.

groSolar

Series B in 2007
groSolar is a company based in Columbia, Maryland, specializing in the development and turnkey engineering, procurement, and construction (EPC) of solar photovoltaic (PV) projects. It serves a diverse clientele, including developers, investors, utilities, and various commercial, government, and institutional clients. With a proven track record, groSolar has designed, built, and installed over 90 megawatts of solar PV systems across more than 2,000 installations throughout the United States.

Marrone Bio Innovations

Series A in 2007
Marrone Bio Innovations, Inc., a biopesticide company, engages in the discovery, development, and marketing of natural products for weed, pest, and plant disease management. Its products include Regalia, a product that protects food and ornamental crops from fungal and bacterial diseases; GreenMatch EX, a post-emergence herbicide for burndown weed control for organic growers; and GreenMatch, a burndown herbicide that controls various annual and perennial weeds. The company also offers insecticides, herbicides, and products for controlling invasive zebra and quagga mussels in waterways. In addition, it finds naturally occurring microorganisms from habitats and develops them into products for controlling insects, weeds, nematodes, and plant diseases. The company provides its products online. Marrone Bio Innovations, Inc. was founded in 2006 and is based in Davis, California.

Viracor-IBT Laboratories

Series C in 2007
Viracor-IBT Laboratories is dedicated to being the leading specialty diagnostics laboratory partner in allergy, immunology, and infectious disease testing. They provide doctors and hospitals the tests, results and support they need to deliver the best care possible, and they collaborate with pharmaceutical researchers to solve difficult problems and accelerate drug development.

groSolar

Series A in 2006
groSolar is a company based in Columbia, Maryland, specializing in the development and turnkey engineering, procurement, and construction (EPC) of solar photovoltaic (PV) projects. It serves a diverse clientele, including developers, investors, utilities, and various commercial, government, and institutional clients. With a proven track record, groSolar has designed, built, and installed over 90 megawatts of solar PV systems across more than 2,000 installations throughout the United States.

Plethora Technology

Series A in 2005
Plethora Technology, Inc. operates as a software development company in the United States. The company offers Perspective 4.6, which delivers unified environment that provides secure connectivity to enterprise information resources. Perspective 4.6 is a software product that provides access to emails, files, network resources, and software applications in real time regardless of physical location. It serves government agencies, commercial enterprises, and non-profit organizations, including legal and consulting services, information technology services, healthcare, education, and financial services industries. The company was formerly known as Corridor Software, Inc. and changed its name to Plethora Technology, Inc. in May, 2001. The company was founded in 2000 and is based in Kearneysville, West Virginia.

Powerspan

Venture Round in 2000
Founded in 1994 as Zero Emissions Technology and later renamed Powerspan Corp, Powerspan initially provided technology to control particulate emissions from coal-fired, electric power plants. As compliance deadlines of the Clean Air Act Acid Rain Program approached, Powerspan recognized the growing importance of a multi-pollutant solution for controlling emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) in addition to particulate emissions. Standard technology generally addresses each pollutant individually, necessitating the installation of separate, costly devices, requiring large spaces not always available on space-constrained sites that are typical of existing power plants. Powerspan sought to develop an integrated approach to achieve multi-pollutant reductions at a lower cost than commercially available systems, enabling power plant owners to meet existing and future environmental requirements in a cost-effective manner.
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