SustainVC

SustainVC, LLC is a venture capital firm founded in 2007 and headquartered in Philadelphia, Pennsylvania, with additional offices in Durham, New York, and Boston, Massachusetts. The firm specializes in early-stage impact investing, focusing on sectors such as climate change and sustainability, healthcare, education, wellness, and workforce development. SustainVC invests in companies that aim to address issues related to energy, environmental efficiency, sustainable agriculture, and food systems, as well as initiatives that promote financial mobility, inclusion, and accessibility technology for underserved populations. The firm typically targets early-stage companies with revenues ranging from $0.1 million to $5 million, making equity investments between $0.5 million and $5 million, and prefers to invest between $0.25 million and $1 million. SustainVC is committed to supporting businesses that contribute positively to society and the environment, primarily within North America.

Eric Chapman

Managing Principal

Andrew Cousins

Principal

Justin Desrosiers

Managing Principal

Schuyler G. Lance

Founder & Managing Principal

Sky Lance

Managing Principal

18 past transactions

SHARE Mobility

Series A in 2022
SHARE Mobility helps professional transportation operators use mobility-as-a-service to reach new customers, automate dispatching, and increase fleet efficiency. Organizations use SHARE Mobility to create mobility-as-a-service programs that connect private and public transit services and makes it easy to schedule and use mobility. We are delivering on mobility-as-a-service's promise to create equitable access to jobs, education, and healthcare. We give organizations the tools to make it possible

Elemeno Health

Series A in 2022
Elemeno Health, Inc. develops and offers mobile software for hospitals to eliminate medical errors. It provides a checklist tool for frontline healthcare teams in hospitals and medical centers. Elemeno Health, Inc. is based in the United States.

Beem

Seed Round in 2022
Line Financial is a Public Benefit Corporation that delivers revolving lines of credit on its app as well as at online and in-store essential shopping destinations like pharmacies, grocery stores and more without credit-history, pay-slips, or credit-scores. Line is eliminating FICO, Credit and all other types of cards that don't belong in a post COVID world.

Upswing

Series A in 2021
Upswing International, Inc. operates an online collaboration platform designed to provide academic support to students in schools. Its primary offerings include AdviseUp, which facilitates scheduling and receiving advice from college advisors; MentorUp, connecting students with mentors for non-academic support; and TutorUp, which utilizes its own tutors and connects students with a broader network of coaches. Additionally, Upswing provides engagement solutions tailored for first-year students, online learners, and adult learners. The platform allows students to select coaches based on various criteria, ensuring a personalized learning experience. Each coaching session is recorded and analyzed, providing administrators with real-time data and insights to help reduce student attrition and enhance overall success. Founded in 2013 and based in Austin, Texas, Upswing is committed to partnering with colleges to establish virtual learning centers that support students and equip educators with valuable analytics.

Solstice

Venture Round in 2021
Solstice Power Technologies, Inc. develops customer management software for solar power companies. It provides an online platform for solar marketplace that offers subscriber aggregation and management services to solar developers, utilities, and other providers of shared solar energy. Solstice Power Technologies, Inc. was formerly known as Solstice Initiative, Inc. The company was founded in 2014 and is based in Cambridge, Massachusetts.

Fit4D

Series B in 2020
Cecelia Health is tech-enabled diabetes and chronic disease management company that combines technology with expert clinical coaching. It aims to transform the lives and health outcomes of people with diabetes, obesity, cardiovascular disease, and other chronic conditions. Cecelia Health helps people with chronic conditions adhere to their medications and related nutrition, health, and wellness programs. During COVID-19, Cecelia Health has also been offering telehealth support to patients. It was founded in 2009 and headquartered in New York, United States.

Yellowdig

Venture Round in 2020
Yellowdig's software platform creates a social layer on top of existing enterprise learning systems used by colleges, universities, and organizations. Unlike pre-existing social technology, Yellowdig is designed for higher education institutions. The platform provides instructors and learners with a private and secure experience, controlled and protected within the institution's designated environment. Yellowdig was established in 2015 and is headquartered in Philadelphia, Pennsylvania, USA.

Reconnect

Seed Round in 2020
Reconnect, Inc. operates a comprehensive platform that utilizes software, hardware, and data to enhance outcomes for individuals involved in pretrial, reentry, and recovery processes. The company's solutions are designed to support drug courts, probation, parole, and third-party administrators, with a focus on those facing addiction and navigating the criminal justice system. Reconnect aims to reduce incarceration rates, recidivism, and associated costs, particularly for defendants. Founded in 2009 and based in Cumberland Center, Maine, the company also has offices in Portland, Maine; Brooklyn, New York; and Boston, Massachusetts. As a Public Benefit Company, Reconnect integrates its mission into its business practices, prioritizing positive social impact in its operations.

Nepris

Series A in 2020
Nepris Inc. operates a Web-based platform that connects teachers and industry professionals for making curriculum topics that are relevant to students. Its platform automatically matches the skills of an industry professional with that of a teacher’s request based on a curriculum topic or an activity; and enables an industry professional to virtually connect with a classroom for an interactive discussion with the students or to help evaluate projects in the areas of science, technology, engineering, and mathematics. The company was founded in 2013 and is based in Austin, Texas.

MoCaFi

Seed Round in 2020
MoCaFi is a developer of a personal finance platform designed to leverage mobile technologies, data analytics, and strategies to improve the financial behaviors of underbanked communities. The company's platform offers financial products and services in the areas of check cashing, custom loans, debit cards, financial literacy, data analytics, and personal finance via its mobile application and financial card, enabling users to check their balance, cash their paychecks and send money safely at no extra cost.

Embodied Labs

Seed Round in 2020
Embodied Labs, Inc. develops a virtual reality training platform that offers training support to family and caregivers. It offers The Embodied Labs immersive training platform that provides users with access to a growing library of virtual experience labs that simulate key problems and situations facing older adults and their caregivers. Embodied Labs, Inc. was incorporated in 2016 and is based in Los Angeles, California. It has locations in Los Angeles and San Francisco Bay Area, California; Chicago, Illinois; and Greenville, South Carolina.

KickUp

Series A in 2019
Kickup, Inc. develops and operates a collaboration platform that helps school districts to design, coordinate, and assess their professional learning activities. Its platform also give educational leaders an actionable picture of their program's effectiveness. The company serves superintendents, directors of PD, and district leaders. Kickup, Inc. was formerly known as Pedagology, LLC and changed its name to Kickup, Inc. in February 2015. The company was incorporated in 2014 and is headquartered in Philadelphia, Pennsylvania.

Ultranauts

Series A in 2019
Ultranauts is a New York-based company that provides high-quality software testing services. Its competitive advantage comes from employing high functioning individuals on the Autism Spectrum, who can have heightened abilities that are an exact match for software testing - e.g. pattern recognition, focus, attention to detail, tolerance for repetition. Ultranauts is founded in 2012 by two MIT engineers, Rajesh Anandan and Art Shectman.

CleanFiber

Venture Round in 2018
CleanFiber, LLC develops cellulose insulation materials for attics, walls, and floors of residential and commercial new construction and retrofit applications. CleanFiber, LLC was formerly known as UltraCell Insulation, LLC and changed its name to CleanFiber, LLC in September 2018. The company was incorporated in 2013 and is based in Blasdell, New York with additional office in Buffalo, New York.

Edovo

Series A in 2018
Jail Education Solutions provides intuitive educational courses where inmates are rewarded for learning. With their unique tablet technology, we help unlock the potential of millions of incarcerated people. Edovo increases access to invaluable resources for individuals involved in the criminal justice system.

CleanFiber

Venture Round in 2018
CleanFiber, LLC develops cellulose insulation materials for attics, walls, and floors of residential and commercial new construction and retrofit applications. CleanFiber, LLC was formerly known as UltraCell Insulation, LLC and changed its name to CleanFiber, LLC in September 2018. The company was incorporated in 2013 and is based in Blasdell, New York with additional office in Buffalo, New York.

Querium

Series B in 2017
Querium Corporation, founded in 2013 and based in Austin, Texas, develops a mobile learning software platform focused on teaching critical STEM skills. The company offers a range of educational tools, including StepWise, a personalized learning program accessible on smartphones and computers, and specialized solutions such as the Ace Accuplacer math placement test and STAAR Algebra 1 EOC review tool for Texas students. Querium’s platform utilizes an expert system and advanced simulation technology to deliver bite-sized lessons and step-by-step tutoring assistance, aiming to engage and motivate students. Additionally, it provides resources for workforce development, helping individuals acquire fundamental math skills necessary for middle skills jobs. Querium also collaborates with publishers to deliver technological solutions that enhance educational outcomes.

Board on Track

Seed Round in 2015
BoardOnTrack provides expertise, training, powerful, web-based tools, and a membership community to the foot soldiers in the battle to improve our nation's public school system. The charter school is a multi-million dollar public enterprise. Running it with a group of volunteers is a daunting task. BoardOnTrack helps in leveraging the efforts of volunteer board members into real results: academic excellence and organizational sustainability. It was founded in 2010 and is headquartered in Concord, Massachusetts.