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 offers an AI-driven regulatory compliance platform tailored for the legal and compliance sectors. The platform addresses the regulatory sludge problem by transforming complex regulations into AI agents capable of making autonomous compliance decisions. This allows compliance teams to assign tasks to the regulatory AI using high-level instructions, while ensuring the quality of the output through validation at various levels of detail. Norm AI’s innovative solutions streamline compliance processes, improving efficiency and accuracy for organizations navigating intricate regulatory landscapes.

Moderne

Series B in 2025
Moderne is a developer of a code refactoring platform that focuses on automating the maintenance and improvement of software code. With the increasing complexity and volume of code, including the prevalence of third-party components, Moderne's platform addresses challenges in software maintenance by automating updates and repairs. It helps clients manage codebases of hundreds of millions of lines, enabling them to swiftly implement fixes for security defects, upgrade existing code, and enhance overall code quality. By improving visibility into the source code running in production environments, Moderne assists organizations in eliminating vulnerable patterns and ensuring their applications remain secure and efficient.

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 is an RIA insurance network that brings low-cost, commission-free insurance solutions.

Micruity

Venture Round in 2024
Micruity is a company focused on enhancing retirement income security for Americans by making lifetime income options more accessible. It offers a sophisticated suite of APIs designed for financial institutions, including 401(k) providers, to seamlessly integrate annuities into their offerings. This innovative approach addresses the growing need for secure retirement income solutions, mimicking the characteristics of traditional pensions. Additionally, Micruity's income connectivity platform supports efficient data sharing among insurers, asset managers, recordkeepers, and other technology partners, facilitating the transformation of retirement savings plans into reliable income streams for retirees.

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 is a company based in Bedminster, New Jersey, that focuses on reducing grocery store food waste through a closed-loop system. Established in 2015, the company upcycles surplus grocery food by first distributing it to local food pantries, and any remaining food is repurposed into animal feed at their facility. This process not only minimizes waste but also contributes to sustainable practices and carbon reduction. By offering products that consumers recognize and enjoy, Do Good Foods combines quality with a commitment to making a positive impact on the environment.

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 specializes in developing software solutions for the retirement industry, providing custom programming and business services tailored to meet the needs of retirement plan providers. The company employs a team of professionals who create automation plans for data-driven applications, facilitating a flexible and cost-effective service for the retirement and benefits sector. In addition to its core business offerings, Envisage prioritizes employee well-being by promoting a family-friendly work environment with flexible schedules and remote work options. To support its team members, the company provides essential benefits, including company-paid risk protection and a variety of medical plans, ensuring comprehensive support throughout different stages of their lives.

Suryoday Small finance Bank

Venture Round in 2020
Suryoday Small Finance Bank Limited is a small finance bank based in Navi Mumbai, India, dedicated to serving the unbanked and underbanked populations with a focus on financial inclusion. Founded in 2008 and previously known as Suryoday Micro Finance Limited, the bank operates through various segments, including Treasury, Retail Banking, and Wholesale Banking. It offers a wide range of financial products, including savings and current accounts, term deposits, home loans, and loans tailored for micro, small, and medium enterprises. Additionally, Suryoday provides insurance products, pension schemes, and a suite of digital banking services, such as mobile and internet banking. The bank aims to empower economically weaker sections by facilitating access to credit and financial services, thus improving their quality of life. As of July 2020, Suryoday operated 482 banking outlets across 12 states and union territories in India.

View

Series G in 2017
View is a technology company specializing in smart building solutions, particularly through its innovative smart windows. These windows utilize artificial intelligence to automatically adjust to sunlight, enhancing natural light access and providing unobstructed views while also minimizing heat and glare. This technology not only improves the health and overall experience of occupants but also reduces energy consumption and carbon emissions. View's products are integrated into a cloud-connected smart building platform, which includes essential infrastructure for power, networking, and communication. The company has successfully implemented its solutions in over 90 million square feet of various building types, including offices, hospitals, airports, educational institutions, hotels, and multifamily residences.

Cricket Valley Energy Center

Private Equity Round in 2017
Cricket Valley Energy Center operates a 1,100-megawatt natural gas-fired power plant located in Dover Plains, New York. 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 region's energy needs while also delivering economic benefits to the local community in a sustainable manner.

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 firm based in San Francisco that specializes in holistic wealth management software designed to empower financial firms to deliver personalized investment portfolios at scale. The company's core offering, the Strategic Portfolio System™, is a cloud-based platform that automates various aspects of wealth management, including client proposals, onboarding, tax-sensitive portfolio management, monitoring, rebalancing, and performance reporting. By consolidating multiple managed account programs into a single system, MyVest enables wealth management firms to streamline operations and enhance profitability. This platform facilitates greater advisor-client engagement, allowing advisors to focus on building relationships while providing tailored investment solutions to previously underserved investors. MyVest leverages the innovation and expertise of the Bay Area's technology and financial services sectors to deliver effective wealth management solutions.

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, primarily catering to small and middle-market companies. Established in 1976 and headquartered in Weymouth, Massachusetts, with additional offices in California, Ohio, and Canada, the firm specializes in restructurings, private placements of debt and equity, acquisitions, divestitures, and other liquidity needs. Beacon Partners also serves as a non-traditional source of funding, bridging the gap between companies’ funding requirements and what traditional sources can provide. Its advisory services encompass transaction and capital structure guidance, negotiations, financial modeling, and valuations, along with assistance in identifying potential acquisition or divestiture targets. Recognized as the largest independent healthcare management consulting firm in North America, Beacon Partners is well-equipped to help organizations address contemporary challenges in the healthcare sector and enhance their capacity to deliver high-quality patient care supported by effective IT strategies. As of 2015, Beacon Partners operates as a subsidiary of KPMG LLP.

Carroll County Energy

Private Equity Round in 2015
Carroll County Energy LLC operates as an energy development company.

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, focusing on the acquisition, development, and management of forestry assets. Through its expertise in the timberland sector, GreenWood aims to optimize the value of its clients' investments while promoting sustainable forestry practices.

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 through leasing its transmission and distribution assets, such as power lines, substations, and transformers, to Sharyland Utilities. This lease agreement includes base rent and percentage rent, while Sharyland Utilities handles the maintenance and operation of the assets. InfraREIT's business model emphasizes dividend-focused growth by capitalizing on the expanding electricity infrastructure market in a rapidly developing region. The company’s assets are managed externally by Hunt Utility Services, allowing it to focus on its core investment strategy.

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 small molecule drugs aimed at treating metabolic and cardiovascular diseases. Leveraging expertise in biophysical chemistry, the company develops new chemical entities that target specific tissues and organ systems, including the gastrointestinal and cardiovascular systems. Surface Logix focuses on enhancing pharmacokinetic and pharmacodynamic properties of its drugs, striving to offer significant improvements over existing therapies in these therapeutic areas. The company has multiple programs addressing various diseases, showcasing its commitment to advancing treatment options for patients.

Insulet

Series D in 2004
Insulet Corporation is a medical device company established in 2000 and headquartered in Acton, Massachusetts. The company specializes in the development, manufacturing, and marketing of insulin delivery systems for individuals with insulin-dependent diabetes. Its flagship product, the Omnipod System, comprises a small, disposable, tubeless insulin infusion device that adheres to the skin and a wireless personal diabetes manager, which can be operated via smartphone to facilitate dosage control. The Omnipod System offers a pain-free automated cannula insertion and is designed to enhance the diabetes management experience for users. Insulet distributes its products primarily through independent distributors, pharmacy channels, and direct sales in the United States, Canada, Europe, and the Middle East. Since receiving FDA approval in 2005, the Omnipod System has been adopted by approximately 425,000 users worldwide, reflecting Insulet's commitment to improving the lives of those managing diabetes.

NeurogesX

Series C in 2004
NeurogesX, Inc. is a specialty pharmaceutical company based in San Mateo, California, established in 1998 and originally named Advanced Analgesics, Inc. The company is dedicated to developing and commercializing 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 is Qutenza, an 8% capsaicin dermal patch designed to manage pain through a novel delivery system. In addition to Qutenza, NeurogesX is also working on NGX-1998, a non-patch liquid formulation of synthetic capsaicin, and an opioid analgesic aimed at treating other chronic pain conditions, including cancer pain.

Surface Logix

Series C in 2002
Surface Logix is a drug development company specializing in the creation of small molecule drugs aimed at treating metabolic and cardiovascular diseases. Leveraging expertise in biophysical chemistry, the company develops new chemical entities that target specific tissues and organ systems, including the gastrointestinal and cardiovascular systems. Surface Logix focuses on enhancing pharmacokinetic and pharmacodynamic properties of its drugs, striving to offer significant improvements over existing therapies in these therapeutic areas. The company has multiple programs addressing various diseases, showcasing its commitment to advancing treatment options for patients.

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, Inc. is a provider of network-based business communications services, catering primarily to small and medium-sized businesses in the Northeast and Mid-Atlantic United States. The company specializes in voice and data communications, offering local and long-distance telephone services, broadband internet access, and web hosting. Broadview Networks delivers a range of solutions, including its OfficeSuite cloud-based phone system and OfficeSuite PrivateCloud, which allows IT professionals to maintain control over a segmented cloud environment. Additionally, the company offers managed and professional services, encompassing a portfolio of hosted Internet Protocol (IP) phone and cloud computing services. Established in 1991 and headquartered in Rye Brook, New York, with an office in Vienna, Virginia, Broadview Networks was previously known as Community Networks, Inc. before rebranding in 1999.

NeurogesX

Series B in 2002
NeurogesX, Inc. is a specialty pharmaceutical company based in San Mateo, California, established in 1998 and originally named Advanced Analgesics, Inc. The company is dedicated to developing and commercializing 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 is Qutenza, an 8% capsaicin dermal patch designed to manage pain through a novel delivery system. In addition to Qutenza, NeurogesX is also working on NGX-1998, a non-patch liquid formulation of synthetic capsaicin, and an opioid analgesic aimed at treating other chronic pain conditions, including cancer pain.

Broadview Networks

Series E in 2000
Broadview Networks, Inc. is a provider of network-based business communications services, catering primarily to small and medium-sized businesses in the Northeast and Mid-Atlantic United States. The company specializes in voice and data communications, offering local and long-distance telephone services, broadband internet access, and web hosting. Broadview Networks delivers a range of solutions, including its OfficeSuite cloud-based phone system and OfficeSuite PrivateCloud, which allows IT professionals to maintain control over a segmented cloud environment. Additionally, the company offers managed and professional services, encompassing a portfolio of hosted Internet Protocol (IP) phone and cloud computing services. Established in 1991 and headquartered in Rye Brook, New York, with an office in Vienna, Virginia, Broadview Networks was previously known as Community Networks, Inc. before rebranding in 1999.

NeurogesX

Series A in 2000
NeurogesX, Inc. is a specialty pharmaceutical company based in San Mateo, California, established in 1998 and originally named Advanced Analgesics, Inc. The company is dedicated to developing and commercializing 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 is Qutenza, an 8% capsaicin dermal patch designed to manage pain through a novel delivery system. In addition to Qutenza, NeurogesX is also working on NGX-1998, a non-patch liquid formulation of synthetic capsaicin, and an opioid analgesic aimed at treating other chronic pain 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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