Impact Ventures UK

Impact Ventures UK (IVUK) is a growth capital impact fund managed by LGT Venture Philanthropy (LGT VP) and launched in partnership with Berenberg. They have seen the emergence of innovative and competitive business models being developed to improve the quality of life of disadvantaged individuals in the UK. IVUK was founded to invest in and support these enterprises. They are focused on delivering and measuring social impact through a professionalised framework established over the last seven years by LGT VP across the globe.

Raf Goovaerts

Partner

17 past transactions

Elvie

Series B in 2019
Elvie is a health and lifestyle brand developing smarter technology for women. We are committed to building extraordinary products that improve the health and lives of women everywhere and at all stages of life. Our first product, Elvie Trainer, is an award-winning app-connected Kegel trainer that helps women strengthen the pelvic floor via fun, five-minute workouts. Launched in October 2015 to great acclaim, we took the wellness industry by storm! Our street cred includes more than 12 awards for innovation and design, including the prestigious CES Innovation Award, IDA Design Award and Red Dot Award. As a business, Elvie has been recognized as one of Wired’s ‘hottest start-ups’, named as one of the 15 start-ups “To Watch” by The Sunday Times and both products have been featured in the Oscar Nominee Gift Bags. We recently launched our second innovation: Elvie Pump, the world’s first silent wearable breast pump, which is making it possible for new mothers to pump anytime, anywhere. Elvie Pump received international praise following its unveiling on the catwalk at London Fashion Week and at the Consumer Electronics Show (CES) in Las Vegas. In April 2019, Elvie announced a $42 million Series B led by IPGL and supported by Octopus Ventures and Impact Ventures. This represented the largest ever fundraise in femtech. This new round of financing will accelerate Elvie’s research and development efforts, as well as help grow brand awareness and distribution for Elvie Pump and Elvie Trainer across the Americas, Europe and Asia. Headquartered in London, UK with offices also in New York City, the company has received numerous awards and raised more than $52m in investment.

Ummeed Housing Finance

Series C in 2018
Ummeed Housing Finance Private Limited is a housing finance company based in Gurugram, India, founded in 2016. The company specializes in providing home loans and loans against property specifically tailored for lower and middle-income families, particularly those with informal incomes who often face challenges in accessing organized financial services. Ummeed Housing Finance aims to enhance operational efficiency and minimize turnaround times for customers by utilizing technology in its processes. In addition to home loans and loans against property, the company also offers services for home renovation and construction, as well as insurance products, thereby supporting families in achieving their housing goals in a personalized and customer-friendly manner.

Farmdrop

Series B in 2018
Farmdrop is the online ethical supermarket delivering locally procuded, organic groceries and ethical home essentials directly to your door. It brings tastier, healthier and more convenient food, all while supporting a more sustainable food system for everyone. By cutting out the middleman, Farmdrop pays a fairer price to producers, while customers get access to food which is up to five times fresher than what is sold by conventional supermarkets. Because your shop shouldn't cost the Earth.

TeamTogether

Venture Round in 2018
Freeformers Limited is a digital transformation service provider based in London, established in 2012. The company specializes in training and consultancy services designed to equip employees and customers of FTSE 100 organizations with essential digital skills. Freeformers focuses on creating a digitally adept workforce by implementing blended learning programs that cater to all levels within an organization, from executives to frontline staff. Their approach aims to ensure that partners are prepared for the demands of the digital economy. In addition to their corporate initiatives, Freeformers collaborates with charitable organizations to empower young people across the UK, fostering talent and enhancing opportunities in the digital landscape. Over the past three years, the company has partnered with prominent brands, including Barclays, Sky, Virgin, and Tesco, solidifying their reputation as a key player in digital growth and education.

Unforgettable

Venture Round in 2017
Unforgettable is dedicated to enhancing the lives of individuals impacted by dementia through its extensive online marketplace, which features over 1,000 products designed to assist those with dementia in daily activities. Positioned as the leading destination for dementia-related products and services, Unforgettable not only facilitates the discovery and distribution of these resources but also provides valuable information, expert advice, and a platform for shared experiences. The company is supported by prominent social impact investors, including McKesson Ventures, and is recognized as a B Corp, reflecting its commitment to social good. In collaboration with Lloyds Pharmacy, Unforgettable has expanded its reach by introducing dementia products to physical retail locations, thereby increasing accessibility and raising awareness of the needs of individuals with dementia and their caregivers.

Latimer Group

Venture Round in 2016
Latimer Group is a youth co-creation agency that focuses on integrating young creatives and influencers into the strategic processes of brand development and content creation. By engaging over 55,000 young people across 37 countries, Latimer aims to bridge the gap between organizations and their younger audiences, ensuring that brand objectives align with the needs of consumers. The agency is recognized for its innovative approach, having been described as "Moral Mad Men" and listed among the top 50 most disruptive businesses in the UK. Latimer's collaborations have yielded impressive results, often outperforming industry standards for brand partners by leveraging the insights and talents of youth communities. The agency has worked with notable clients such as VOXI by Vodafone, Unilever, eBay, and the BBC, delivering impactful outcomes that highlight the effectiveness of audience collaboration in marketing strategies.

K10 Apprenticeships

Series B in 2016
K10 Apprenticeships, founded in 2010, aims to tackle the declining number of apprentices in the construction sector and the challenges contractors face in implementing effective apprenticeship programs. Operating as a London-wide construction skills network, K10 collaborates with various stakeholders, including government bodies, local authorities, developers, contractors, sub-contractors, training providers, and third-sector organizations. The organization focuses on providing quality apprenticeship opportunities to unemployed youth, facilitating their entry into the construction industry. Recognizing the often short-term nature of construction contracts, K10 ensures that when apprentices are released by one contractor, they are promptly placed with another host contractor, thus maintaining their training continuity. K10 assumes full responsibility for the apprentices and manages all associated contractual obligations.

Livity

Seed Round in 2016
Livity is a youth marketing agency focused on enhancing the lives of young people while delivering effective marketing solutions for brands. The agency specializes in improving visibility and audience engagement for emerging companies by developing tailored marketing strategies and impactful content. Through its services, Livity aims to help clients gain greater recognition in public media, thereby facilitating stronger connections with their target audiences.

Learning Possibilities

Series A in 2016
Learning Possibilities is a UK-based company that specializes in developing cloud-based educational tools aimed at enhancing learning outcomes and teaching effectiveness. The company offers LP+4, a comprehensive learning platform that features collaboration tools, resource management, integration with management information systems, and analytics. Additionally, LP+365 is designed to work within Microsoft Office 365, providing users with a user-friendly interface, personalized dashboards, and various tools for collaboration and assignment management. Learning Possibilities also delivers secure Infrastructure as a Service and Software as a Service solutions tailored for both public and private sectors. Founded originally as Enterprise MPC in 1989 and rebranded in 2007, the company operates from its headquarters in Elstree, UK, with additional offices in London and the Middle East.

Latimer Group

Venture Round in 2015
Latimer Group is a youth co-creation agency that focuses on integrating young creatives and influencers into the strategic processes of brand development and content creation. By engaging over 55,000 young people across 37 countries, Latimer aims to bridge the gap between organizations and their younger audiences, ensuring that brand objectives align with the needs of consumers. The agency is recognized for its innovative approach, having been described as "Moral Mad Men" and listed among the top 50 most disruptive businesses in the UK. Latimer's collaborations have yielded impressive results, often outperforming industry standards for brand partners by leveraging the insights and talents of youth communities. The agency has worked with notable clients such as VOXI by Vodafone, Unilever, eBay, and the BBC, delivering impactful outcomes that highlight the effectiveness of audience collaboration in marketing strategies.

Unforgettable

Funding Round in 2015
Unforgettable is dedicated to enhancing the lives of individuals impacted by dementia through its extensive online marketplace, which features over 1,000 products designed to assist those with dementia in daily activities. Positioned as the leading destination for dementia-related products and services, Unforgettable not only facilitates the discovery and distribution of these resources but also provides valuable information, expert advice, and a platform for shared experiences. The company is supported by prominent social impact investors, including McKesson Ventures, and is recognized as a B Corp, reflecting its commitment to social good. In collaboration with Lloyds Pharmacy, Unforgettable has expanded its reach by introducing dementia products to physical retail locations, thereby increasing accessibility and raising awareness of the needs of individuals with dementia and their caregivers.

Big White Wall

Seed Round in 2014
Big White Wall is a digital mental health and well-being service providing support to its members through contracts in the healthcare, education, military, and employer markets. The service combines social networking principles with a choice of clinically-informed interventions to improve mental well-being. Big White Wall is available free in many areas of the U.K. via the NHS, employers, and universities. It is also free to all U.K. serving personnel, veterans, and their families. It is completely anonymous so patients can express themselves freely and openly. Big White Wall was founded in 2007 and is based in London.

Homes For Good

Seed Round in 2014
Homes for Good Investments is a new venture with IVUK that will ensure a wider stock of affordable, well-maintained homes is available to marginalized households in Scotland. Its sister company Homes for Good CIC will let and manage the properties along with homes from local landlords.

Buddy App

Seed Round in 2014
Buddy App empowers people with mental health illnesses to manage their condition by enabling them to see and understand the relationship between the things that they do in their daily life and the impact this has on their mental health, taking control of their own recovery in collaboration with their professional.

Reds10

Venture Round in 2014
Whatever our role on a project, whether were Consultants, Installers, Removers or Site Managers, were committed to providing an outstanding and professional service.

K10 Apprenticeships

Series A in 2014
K10 Apprenticeships, founded in 2010, aims to tackle the declining number of apprentices in the construction sector and the challenges contractors face in implementing effective apprenticeship programs. Operating as a London-wide construction skills network, K10 collaborates with various stakeholders, including government bodies, local authorities, developers, contractors, sub-contractors, training providers, and third-sector organizations. The organization focuses on providing quality apprenticeship opportunities to unemployed youth, facilitating their entry into the construction industry. Recognizing the often short-term nature of construction contracts, K10 ensures that when apprentices are released by one contractor, they are promptly placed with another host contractor, thus maintaining their training continuity. K10 assumes full responsibility for the apprentices and manages all associated contractual obligations.

Buddy App

Seed Round in 2013
Buddy App empowers people with mental health illnesses to manage their condition by enabling them to see and understand the relationship between the things that they do in their daily life and the impact this has on their mental health, taking control of their own recovery in collaboration with their professional.
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