Social Impact Capital

2015

Founded

41

Investments

United States

Offices

Venture Fund

Investor Type

About

Social Impact Capital is a New York-based venture capital firm specializing in impact investing, which aims to deliver top decile returns alongside positive social impact. Founded in 2016 by Sarah Cone, the firm focuses on sectors essential to human needs, including energy, water, food, health, environment, education, housing, access to capital, and social justice. Social Impact Capital employs a generalist approach backed by specialized due diligence capabilities, leveraging a broad network of advisors and venture partners with expertise in various domains.

The firm has invested in 30 companies, including Andela, Prometheus Fuels, OpenInvest, Aether Diamonds, and Charm Industrial. In October 2021, Social Impact Capital closed its first fund at $42 million, with investors including Founders Fund’s Peter Thiel and Andreessen Horowitz’s Marc Andreessen and Chris Dixon. ( The firm's portfolio companies have achieved significant milestones, such as Andela and Prometheus Fuels reaching unicorn status, and OpenInvest being acquired by JP Morgan.

Portfolio Companies

Andela, Prometheus Fuels, OpenInvest, Aether Diamonds, Charm Industrial, MentenAI, PreAct, Emitwise, Voyage Foods, Kalytix Ventures

Gepgraphic Focus

United States, Global

Key Differentiators

Focus on impact investing with top decile returns, Generalist approach with specialized due diligence capabilities, Broad network of advisors and venture partners with domain expertise

Thypical Investment Size

Seed, Series A

Total Funds Raised

$42 million

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Food and Beverage

ClimateTech & CleanTech

Artificial Intelligence & Machine Learning (AI/ML)

BioTech

DeepTech

Hardware

New York

Pre-Seed

Seed

Series A

United States