GoodCap’s Social Enterprise Expansion Fund (SEEF) provides growth capital to social enterprises that create innovative and self-sustaining solutions to the root causes of inequity in the U.S. and around the world. These enterprises leverage the power of the market to create positive social change, such as providing job opportunities for at-risk youth, helping developing world farmers become self sufficient, improving access to healthcare for low-income families, and supporting literacy and education efforts across the globe. These double- and triple-bottom line enterprises pursue social impact while seeking to build scalable and competitive businesses that generate attractive financial returns for investors.
A New Kind of Investment
The Social Enterprise Expansion Fund provides equity and equity-like growth capital to social enterprises that are ready to expand. We target social enterprises (both for profit companies and nonprofit organizations with earned income) with scalable business models that have the potential to create systemic and large-scale social change and generate an attractive return for investors who have the right kind of human and financial capital. Because we are at the forefront of the emerging social capital market, we have access to the best social investment opportunities in this space.
GoodCap is a hands-on investment partner, providing our portfolio companies with not only financial resources but also the human capital and strategic help they need to achieve their social missions and financial goals. For example, we helped our first portfolio company, Better World Books, enhance its social impact strategy by carving out an equity stake for its nonprofit partners and optimizing its partner funding model. Meanwhile, we also helped the company fine-tune its book pricing strategy, which will likely improve margins over the long term. During engagements with our portfolio companies, we are able to bring many valuable resources to the table thanks to the combined talent of our management team, advisory board, and vast networks, which bring expertise from the worlds of social investment, technology, entrepreneurship, venture capital, and philanthropy.
Overseen by an expert investment committee with decades of experience in venture capital, investment banking, operations, and social entrepreneurship, the Social Enterprise Expansion Fund is closely managed and applies the same rigor to due diligence and the bottom line and exit strategies of its portfolio companies as would a traditional venture capital firm.