TIAA

TIAA is a financial services company established in 1918 and headquartered in New York, dedicated to providing retirement plans, individual retirement accounts, mutual funds, and life insurance. Its primary mission is to support individuals in the education, healthcare, and public service sectors in achieving financial well-being. The company emphasizes a commitment to innovation and sustainable growth, particularly through its global operations, including TIAA Global Business Services in India. This division focuses on delivering high-quality technology and shared services, collaborating with teams worldwide to enhance efficiency and meet the evolving needs of its diverse client base. TIAA's culture promotes collaboration and career development, fostering an environment conducive to innovative thinking.

Oindrila Majumdar

Senior Managing Director

Rekha Unnithan

Director, Impact Investing

36 past transactions

Norm AI

Series B in 2025
Norm AI is a developer of an AI-powered regulatory compliance platform tailored for the legal and compliance sectors. The company's innovative approach addresses the regulatory sludge problem by transforming complex regulations into autonomous AI agents capable of making compliance determinations. This platform allows compliance teams to delegate tasks to these regulatory AI agents through high-level instructions, ensuring that the resulting work product is validated at various levels of detail. Norm AI's solutions enhance efficiency and accuracy in compliance processes, significantly benefiting organizations navigating intricate regulatory landscapes.

Moderne

Series B in 2025
Moderne is a company that specializes in code automation and refactoring, providing a platform designed to facilitate custom source code transformations. The company addresses the challenges posed by the increasing volume and complexity of software development, which often includes numerous third-party components. Moderne's platform enables users to repair security defects in both code and infrastructure-as-code, thereby enhancing visibility into the source code in production environments. By automating the process of fixing vulnerabilities, upgrading systems, and improving code quality, Moderne simplifies software maintenance, allowing clients to efficiently manage and secure extensive codebases that may contain hundreds of millions of lines of code.

OneVest

Series B in 2025
OneVest Corporation is a financial technology company based in New York that focuses on connecting entrepreneurs, investors, advisors, and influencers within the entrepreneurship community. The company operates 1000 Angels, an exclusive investor network that enables members to build a venture portfolio from a curated selection of high-growth and early-stage investment opportunities without incurring management fees or large capital commitments. Additionally, OneVest runs CoFoundersLab, a matchmaking service designed to connect founders with cofounders, advisors, and interns, while collaborating with startup hubs like universities and accelerator programs to foster innovation. OneVest services a diverse clientele, including accredited investors, family offices, venture funds, and corporations. Originally established as Rock The Post, Inc. in 2011, the company rebranded to OneVest Corporation in July 2014.

DPL Financial Partners

Series C in 2024
DPL Financial Partners, LLC is an insurance services provider based in Louisville, Kentucky, established in 2014. The company specializes in offering low-cost, commission-free insurance solutions, catering primarily to investment advisors and insurance carriers. Its portfolio includes a range of products such as annuities, life insurance, retirement income planning, legacy planning, and wealth accumulation strategies. DPL Financial Partners focuses on delivering structured variable, deferred income, fixed index, multi-year guaranteed, and single premium annuities, along with life settlements. By providing these advisory services, the company aims to enhance the efficiency of its clients and maximize their benefits.

Micruity

Venture Round in 2024
Micruity is a technology company focused on enhancing retirement income security for Americans. It offers an advanced suite of APIs that enable financial institutions, including 401(k) providers, to integrate and offer annuities to their participants. By facilitating seamless data sharing among insurers, asset managers, recordkeepers, and other technology partners, Micruity's platform transforms traditional retirement savings plans into reliable income streams. This innovative approach aims to make lifetime income more accessible, addressing the growing need for secure retirement solutions.

Ecozen

Venture Round in 2024
Ecozen is a company focused on providing innovative solutions for the agriculture sector, particularly in the handling of perishable goods. It offers Ecofrost, a portable solar-powered cold room that utilizes thermal energy storage to maintain low temperatures without needing backup power, significantly extending the shelf life of fruits, vegetables, and flowers. This capability allows farmers to reach more distant markets and enhance their profitability. Additionally, Ecozen has developed Ecotron, a smart irrigation pump controller that incorporates IoT technology and efficient motor systems, optimizing water usage and enabling remote monitoring and diagnostics. This product has established a strong presence in the Indian market. Ecozen also operates Eco-Connect, a digital platform that links farmers of perishables directly with organized buyers, including exporters and retailers, while integrating cold chain logistics to streamline the distribution process. Through these offerings, Ecozen aims to transform the agricultural landscape by enhancing the efficiency of perishable goods management and promoting eco-friendly practices.

CrowdStreet

Venture Round in 2022
CrowdStreet, Inc. is an online marketplace based in Portland, Oregon, specializing in commercial real estate investment. Founded in 2013, the company connects accredited investors with institutional-quality real estate opportunities, providing direct access to a diverse range of investment offerings. Its platform enables commercial real estate developers and operators to effectively engage with investors, facilitating the acquisition and management of capital for their projects. Additionally, CrowdStreet offers investment advisory services to privately managed accounts linked to its marketplace. With a user-friendly interface, the platform equips over 100,000 investors with the necessary tools to review, compare, and select investment opportunities that align with their financial goals.

Howard University

Grant in 2022
Howard University, located in Washington, D.C., is an esteemed institution established in 1867 that focuses on providing educational opportunities, particularly for African-American students. The university offers a wide range of academic programs at the undergraduate, graduate, and doctoral levels, including fields such as law, medicine, and pharmaceutical studies. With a commitment to fostering high academic achievement and potential, Howard University aims to enhance the educational landscape while reflecting the political and cultural dynamics of its environment.

Do Good Foods

Venture Round in 2021
Do Good Foods, established in 2015 in Bedminster, New Jersey, is focused on reducing grocery store food waste through a closed-loop system. The company upcycles surplus grocery food by first distributing it to local food pantries, and any remaining product is repurposed into animal feed at their state-of-the-art facility. This innovative approach not only helps to eliminate waste but also provides consumers with sustainable and environmentally friendly food products. By transforming food surplus into valuable resources, Do Good Foods aims to create a tangible positive impact on the world while offering great-tasting products that people know and love.

CHER®

Seed Round in 2021
Mission “Providing superior real estate services to renters transitioning into homeownership through co-ownership”. About Cher® is the first real estate platform helping renters earning low to moderate income achieve homeownership. We do this by utilizing our all-in-one software and hands on support that streamlines the process of shared homeownership where buyers co-own to build equity in higher rates of appreciating homes, and later sell their fractional ownership. Our services provide accessibility to competitive in-house loan products, customer service support, legal contracts, TIC Loans, LLC formations, down payment assistance, data feeds to thousands of homes via MLS partnerships, Real Estate Brokers, educational resources, and opportunities to meet other pre-qualified buyers to co-own with or fractionally sell to. Our co-ownership programs and unique loan options with down payment assistance enable renters to transition into homeownership and build equity for the first time.

Airtel

Post in 2021
Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company headquartered in New Delhi, India. It operates in 20 countries across South Asia, Africa, and the Channel Islands. Airtel has a GSM network in all countries in which it operates, providing 2G, 3G and 4G services depending upon the country of operation. Airtel is the largest provider of mobile telephony and second largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. It offers its telecom services under the "airtel" brand, and is headed by Sunil Bharti Mittal. Bharti Airtel is the first Indian telecom service provider to achieve Cisco Gold certification. It also acts as a carrier for national and international long distance communication services. The company has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore.

Envisage Information Systems

Acquisition in 2020
Envisage Information Systems is a developer of retirement plan software tailored for the retirement industry. The company specializes in providing custom programming and business services, leveraging a team of professionals to create automation solutions for data-driven applications within the retirement plan services sector. This approach allows Envisage to offer a flexible range of products and cost-effective services to its clients. Additionally, the company prioritizes the well-being of its employees by promoting a family-first culture, offering flexible work schedules, remote work options, and comprehensive health and risk protection benefits. By focusing on both innovative software solutions and employee wellness, Envisage aims to enhance the retirement and benefits landscape.

Suryoday Small finance Bank

Venture Round in 2020
Suryoday Small Finance Bank Limited is a small finance bank based in Navi Mumbai, India, focused on promoting financial inclusion by serving unserved and underserved populations. Established in 2008, the bank provides a diverse range of services, including savings and current accounts, fixed deposits, and a variety of loan products such as home loans, vehicle financing, and loans for micro, small, and medium enterprises. Additionally, it offers insurance products, pension schemes, and digital banking services, including UPI payments and mobile banking. The bank operates through various segments, with retail banking being its primary revenue source. With a network of 482 banking outlets across multiple states and union territories, Suryoday Small Finance Bank aims to empower economically challenged individuals, particularly women, by facilitating access to essential financial services and contributing to poverty alleviation in its areas of operation. Formerly known as Suryoday Micro Finance Limited, it rebranded in January 2017 to reflect its broader banking capabilities.

View

Series G in 2017
View, Inc., established in 2006 and headquartered in Milpitas, California, specializes in designing and manufacturing intelligent glass systems for various sectors, including workplace, healthcare, education, and hospitality. The company's flagship product, View Smart Windows, employs AI to automatically adjust in response to sunlight, enhancing natural light access and occupant experience, while minimizing heat and glare, and reducing energy consumption. Each View installation also includes a cloud-connected smart building platform, enabling further building optimization. With operations in the U.S. and internationally, View has improved over 90 million square feet of buildings, ranging from offices to multifamily residences.

Cricket Valley Energy Center

Private Equity Round in 2017
Cricket Valley Energy Center operates a natural gas-fired power plant in Dover Plains, New York, with a capacity of 1,100 megawatts. The facility spans 193 acres and includes essential energy infrastructure such as electric power lines and a natural gas pipeline. By converting clean-burning American natural gas into electricity, the plant supplies power to over a million homes, contributing to the local economy and promoting sustainability in energy production.

EverBank

Acquisition in 2016
EverBank, established in 1961 and headquartered in Jacksonville, Florida, operates as a commercial bank offering a diverse range of banking, lending, and investment services. The bank specializes in commercial real estate financing, fund financing, specialty and lender financing, structured mortgage financing, and vendor equipment financing. In addition to these services, EverBank provides various business banking solutions, including treasury services, merchant services, foreign exchange, and mobile banking. The bank serves multiple industries, including software, life sciences, real estate, private equity, infrastructure, and rail, focusing on delivering innovative financial solutions to its customers across the country.

MyVest

Acquisition in 2016
MyVest is a technology company headquartered in San Francisco that focuses on enhancing personalized wealth management for financial advisors. Its primary offering, the Strategic Portfolio System™, is a cloud-based software platform designed to facilitate holistic wealth management across enterprises. This system automates the delivery of tailored investment portfolios, covering all aspects from client onboarding and proposal generation to tax-sensitive portfolio management, monitoring, and performance reporting. By consolidating multiple managed account programs into a single platform, MyVest enables wealth management firms to operate more efficiently and transition to more profitable business models. The company aims to empower advisors to devote more time to client relationships while also serving previously underserved investors, ultimately promoting scalable growth and improved margins for wealth management firms.

ACS JV

Private Equity Round in 2015
ACS -TIAA Joint Venture to acquire transportation assets

Alexandria Real Estate Equities

Acquisition in 2015
Alexandria Real Estate Equities is a prominent real estate company specializing in urban office spaces primarily for life science, agtech, and technology tenants. The company is recognized for its development of Class A properties in key markets such as Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria focuses on creating dynamic and collaborative environments that foster innovation and growth. In addition to leasing space, the company offers a range of services including engineering, asset management, laboratory operations, project management, and sustainability initiatives, enhancing the operational efficiency of its tenants. With a strong commitment to urban development, Alexandria aims to support transformative advancements in the life sciences and technology sectors.

Beacon Partners

Debt Financing in 2015
Beacon Partners, Inc. is a management consulting and investment banking firm headquartered in Weymouth, Massachusetts, with additional offices in Danville, California; Seville, Ohio; and Mississauga, Canada. Founded in 1976, the firm primarily serves small and middle-market companies, offering expertise in restructurings, debt and equity private placements, divestitures, acquisitions, and other liquidity needs. Beacon Partners is recognized as the largest independent healthcare management consulting firm in North America, providing specialized services to help organizations in the healthcare sector navigate complex challenges and enhance patient care through effective IT strategies. In addition to advisory services that include transaction guidance, capital structure negotiations, financial modeling, and valuations, the firm acts as a non-traditional source of funding, bridging gaps between companies' funding requirements and traditional financing sources. As of May 2015, Beacon Partners operates as a subsidiary of KPMG LLP.

Carroll County Energy

Private Equity Round in 2015
Carroll County Energy LLC is an Ohio-based energy development company that operates a natural gas-fired power generation facility in Carroll, Ohio. The company specializes in the maintenance and optimization of gas and steam turbines, generators, compressors, and transformers, offering repair and overhaul services to ensure optimal performance and reliability.

Nuveen

Acquisition in 2014
Nuveen, a TIAA company, is a Chicago-based asset management firm founded in 1898. Originally named The John Nuveen Co., the firm specializes in managing both public and private assets for a diverse clientele that includes institutions, public pension funds, university endowments, insurers, and high-net-worth investors. Nuveen is dedicated to helping clients achieve their long-term financial objectives by employing a range of investment services and alternative strategies aimed at maximizing returns. The company is focused on delivering tailored solutions that align with the unique needs of its clients, fostering financial growth and stability.

GreenWood Resources

Acquisition in 2012
GreenWood Resources, Inc. is a prominent timberland investment management organization based in Portland, Oregon. The company specializes in providing timberland investment and asset management services, with a focus on the acquisition, development, and management of forestry assets. GreenWood Resources is recognized for its expertise in optimizing timberland investments and enhancing the value of forestry assets for its clients.

Capistrano Wind Partners

Private Equity Round in 2012
Entity created to manage several operating wind assets across the midwest and Texas

InfraREIT

Private Equity Round in 2010
InfraREIT, Inc. is a real estate investment trust focused on owning regulated electricity delivery infrastructure assets primarily in Texas and the southwestern United States. The company generates revenue by leasing its transmission and distribution assets, which include power lines, substations, transmission towers, distribution poles, and transformers, to Sharyland Utilities. Sharyland Utilities compensates InfraREIT through base rent and percentage rent, while also managing the maintenance and operation of InfraREIT's assets. The company's strategic focus on the growing energy needs of Texas positions it as a unique investment opportunity in the dividend-focused infrastructure sector.

Sientra

Series B in 2007
Sientra is a medical device company based in Santa Barbara, California, specializing in breast implant treatments for both augmentation and reconstruction. Founded by Hani Zeini, the company develops innovative implantable devices that cater to the needs of plastic surgeons. Sientra's product offerings include silicone gel breast implants, breast tissue expanders, and silicone scar treatment solutions, focusing on providing elegant and intuitive options for cosmetic and reconstructive surgery. The company's commitment to quality and innovation positions it as a significant player in the surgical aesthetics market.

Surface Logix

Venture Round in 2005
Surface Logix is a drug development company specializing in the creation of innovative small molecule drugs aimed at treating metabolic and cardiovascular diseases. Utilizing its expertise in biophysical chemistry, the company develops new chemical entities that demonstrate significantly enhanced pharmacokinetic and pharmacodynamic properties compared to existing market leaders. Surface Logix focuses on targeting specific tissues and organ systems, including the gastrointestinal and cardiovascular systems, and has various ongoing programs addressing a range of metabolic and cardiovascular conditions.

Insulet

Series D in 2004
Insulet Corporation, established in 2000, specializes in the development, manufacturing, and sale of insulin delivery systems for individuals with insulin-dependent diabetes. Its flagship product, the Omnipod System, comprises a self-adhesive, disposable, and tubeless device worn on the body for up to three days, along with a wireless, handheld personal diabetes manager. The company primarily sells its products through independent distributors, pharmacies, and directly to patients, with a presence in the United States, Canada, Europe, and the Middle East. Insulet's mission is to enhance the lives of people with diabetes by providing a user-friendly, pain-free, and automated insulin delivery solution.

NeurogesX

Series C in 2004
NeurogesX, Inc. is a specialty pharmaceutical company based in San Mateo, California, established in 1998. Originally named Advanced Analgesics, Inc., the company focuses on developing and commercializing innovative non-opioid therapies for pain management, specifically targeting chronic peripheral neuropathic pain conditions such as postherpetic neuralgia, painful HIV-distal sensory polyneuropathy, and painful diabetic neuropathy. Its lead product, Qutenza, is an 8% capsaicin dermal patch designed to alleviate pain associated with these conditions. Additionally, NeurogesX is working on NGX-1998, a non-patch liquid formulation of synthetic capsaicin, as well as an opioid analgesic for managing pain due to other chronic conditions, including cancer pain.

Surface Logix

Series C in 2002
Surface Logix is a drug development company specializing in the creation of innovative small molecule drugs aimed at treating metabolic and cardiovascular diseases. Utilizing its expertise in biophysical chemistry, the company develops new chemical entities that demonstrate significantly enhanced pharmacokinetic and pharmacodynamic properties compared to existing market leaders. Surface Logix focuses on targeting specific tissues and organ systems, including the gastrointestinal and cardiovascular systems, and has various ongoing programs addressing a range of metabolic and cardiovascular conditions.

Traq Wireless

Series C in 2002
Traq-wireless develops software and support services designed to organize, analyze and improve mobile usage and devices.

Broadview Networks

Series F in 2002
Broadview Networks, founded in 1991, specializes in providing network-based business communications services and IT solutions to small and medium-sized businesses, as well as enterprises, primarily in the Northeast and Mid-Atlantic regions of the United States. Its offerings include cloud-based unified communications, data backup and recovery, network security services, and a range of voice services such as local, long-distance, and VoIP. Additionally, Broadview provides professional IT services like network design, implementation, and managed services. The company operates as a subsidiary of Windstream Holdings, Inc.

NeurogesX

Series B in 2002
NeurogesX, Inc. is a specialty pharmaceutical company based in San Mateo, California, established in 1998. Originally named Advanced Analgesics, Inc., the company focuses on developing and commercializing innovative non-opioid therapies for pain management, specifically targeting chronic peripheral neuropathic pain conditions such as postherpetic neuralgia, painful HIV-distal sensory polyneuropathy, and painful diabetic neuropathy. Its lead product, Qutenza, is an 8% capsaicin dermal patch designed to alleviate pain associated with these conditions. Additionally, NeurogesX is working on NGX-1998, a non-patch liquid formulation of synthetic capsaicin, as well as an opioid analgesic for managing pain due to other chronic conditions, including cancer pain.

Broadview Networks

Series E in 2000
Broadview Networks, founded in 1991, specializes in providing network-based business communications services and IT solutions to small and medium-sized businesses, as well as enterprises, primarily in the Northeast and Mid-Atlantic regions of the United States. Its offerings include cloud-based unified communications, data backup and recovery, network security services, and a range of voice services such as local, long-distance, and VoIP. Additionally, Broadview provides professional IT services like network design, implementation, and managed services. The company operates as a subsidiary of Windstream Holdings, Inc.

NeurogesX

Series A in 2000
NeurogesX, Inc. is a specialty pharmaceutical company based in San Mateo, California, established in 1998. Originally named Advanced Analgesics, Inc., the company focuses on developing and commercializing innovative non-opioid therapies for pain management, specifically targeting chronic peripheral neuropathic pain conditions such as postherpetic neuralgia, painful HIV-distal sensory polyneuropathy, and painful diabetic neuropathy. Its lead product, Qutenza, is an 8% capsaicin dermal patch designed to alleviate pain associated with these conditions. Additionally, NeurogesX is working on NGX-1998, a non-patch liquid formulation of synthetic capsaicin, as well as an opioid analgesic for managing pain due to other chronic conditions, including cancer pain.

Empathy

Empathy is a platform designed to assist families in navigating the complexities of loss. By integrating technology with human support, Empathy offers a digital companion application that empowers bereaved families. The application serves as a comprehensive support system, guiding users through the emotional, financial, legal, and logistical challenges that arise after the death of a loved one. Through its innovative approach, Empathy aims to alleviate some of the burdens faced by families during difficult times.
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