Newsletter Exclusive – Active Impact Investments

26 Nov 2020
 

Active Impact Investments

Active Impact Investments is a certified B Corporation based in Vancouver, BC, managing an early-stage venture fund that invests in seed-stage companies solving the biggest and most urgent environmental challenges of our time. Their portfolio is generating exceptional growth and they are seeking start-ups capable of achieving venture scale and world-changing impact.

Noteworthy funds investing in this space include Renewal Funds, Arctern, Cycle Capital, Investeco, and Amplify. Active Impact’s advantage is simple; they have world-class expertise in the two areas seed-stage founders need the most help: enterprise sales infrastructure and institutional talent attraction and retention. They are a certified BCorp that holds themselves accountable to a standard that attracts founders and allows them to punch above their weight class.

Their team has best-in-class skills to address operational gaps for founders and they’re willing to do the hard work until it yields results. They average 785 interactions per company per year and over 60% of their portfolio companies have asked them to join their Boards as Directors or Observers within a year of investment. 

 

Traction

Active Impact has invested in 11 companies in North America (9 Canadian & 2 American). The companies in their portfolio have grown their revenue an average of 496% since Active Impact’s investment over an average holding period of 14 months. 

Their biggest challenge is finding the most environmentally impactful high growth companies in North America to invest in. They are tackling this challenge by collaborating with exceptional  accelerators such as  CDL-Vancouver, MaRS, Urban X, and Spring Activator.

 

Team

Mike Winterfield, Managing Partner: Mike has spent 18+ years in executive roles in software, professional recruitment, and venture capital. Mike founded Active Impact after his role as COO at Traction on Demand and President of Traction Rec. Prior to that, he was President of Randstad Professionals running $300M in revenue and placing over 12,000 people in key roles. Mike brings strong expertise in enterprise sales leadership and building high performing teams. He’s an advisor at several accelerators, including CDL West and Spring Activator, and serves on the Board of Directors at DSRF, ChopValue, GoJava, and Sametrica.

Tom Boddez – Partner: Tom has spent 27+ years practicing tax law with Thorsteinssons LLP, Canada’s leading tax law firm, including having served as the Managing Partner.  Regularly recognized as a Canadian leader in that field, he worked with high net worth individuals and major corporations. He joined Active Impact as a Partner in early 2018 shortly after it was founded and provides his expertise on evaluating portfolio opportunities, legal matters, raising capital, and anything else that can increase impact in the portfolio and financial returns for investors.

Sam Hasty – Strategist & Consultant: A Fulbright Scholar, Sam has studied financing and support systems for startups around the world and most recently has helped Harlem Capital Partners and Opportunity Hub source quality deals and collectively raise $40M+ for their impact investing initiatives. He is the co-founder of an economic development NGO, LITE, that’s been recognized as one of 5 grassroots ideas creating change in America by The Atlantic. He has extensive experience as an angel investor, with a portfolio including companies in Aerospace & Defense, Agriculture, Healthcare, Insurtech, Logistics Tech, and Advanced Materials.

Sophie Endl – Senior Analyst: Born and raised in Austria, her broad experience includes roles with Osler, Hoskin & Harcourt LLP’s Emerging and High Growth Companies group, 180 Degrees Consulting and CDL West. Sophie is a BComm graduate of UBC, where she was also an inaugural student team member of the Vancouver Social Value Fund, and where she was recognized with numerous scholarships and academic awards. Aficionado of classical music and staunch foodie, Sophie is passionate about rethinking and redesigning society and the economy to build a more sustainable future.

Imran Jiwa – Director of Impact & Finance, CPA: Imran is a veteran of KPMG in the Technology, Media, and Telecommunications group.  For six years, he advised clients with revenues ranging from $10 million to $2 billion and financial institutions managing over $20 billion in assets. Working at the nexus of sustainability and business, he advised companies on their ability to respond to climate change, impact and financial reporting, and impact investing strategies. Imran is a sessional instructor teaching Sustainable Finance and Accounting to students at BCIT and an instructor for the CPA Professional Education Program.

 
 

Funding 

Active Impact has been operating its Fund I for over two years. They are preparing to launch a meaningfully larger second fund in 2021. 

Revenue Model

They operate a limited partnership, investing in early-stage companies solving meaningful environmental challenges to earn financial returns for their partners. 

Details

Address: 999 Canada Pl, Suite 602, Vancouver, BC, V6C 3E1

Website, LinkedIn

 

 
Read next

Xesto - 24 November