Elemental Impact

Elemental Impact, established in 2009 and located in Honolulu, Hawaii, is an impact investment firm dedicated to fostering positive change through strategic investments. The firm focuses on supporting companies in the energy, mobility, agriculture, circular economy, and water sectors. Elemental Impact aims to improve systems that significantly affect people's lives and has actively invested in numerous startups to facilitate this mission. By providing financial backing and resources, Elemental Impact contributes to the growth of innovative solutions that address critical global challenges.

Mike Curtis

Managing Director, Finance

Danya Hakeem

Managing Director Portfolio

Danielle Harris

Managing Director, Engagement and Innovation

Kimberly Morris

Senior Director of Innovation

Mitch Rubin

Director of Innovation

Joshua Stanbro

Deputy Director, Policy Lab

Past deals in Smart Cities

Kando

Series B in 2021
Kando specializes in wastewater treatment solutions, providing utilities and industrial customers with the tools to detect, track, and respond to pollution events in real time. Founded in 2011 and headquartered in Haifa, Israel, the company offers a smart sensor system that monitors water toxicity levels and identifies pollution incidents immediately upon occurrence. It also collects samples for analysis to determine the composition of contaminants and calculates penalties according to local regulations. Kando’s end-to-end solution enhances operational efficiency by delivering real-time data on wastewater quality, pinpointing pollution sources, and offering early warnings of influent quality issues. The system incorporates machine learning to adapt to changing networks and provides features like autonomous sampling units and customized pollution alerts. Kando's technology has been implemented in various cities, including Los Angeles, Milan, and Brisbane, yielding benefits such as reduced operational costs, improved public health, and cleaner environments.

Swiftly

Series A in 2020
Swiftly, Inc. is a technology company that provides data-driven solutions to enhance public transportation systems. Founded in 2014 and based in San Francisco, Swiftly develops a platform designed to unify transit data across various departments and stakeholders, integrating seamlessly with existing transit hardware. The platform offers a range of services, including real-time passenger information, transit operations data, and historical analytics. By leveraging billions of data points and advanced algorithms, Swiftly aims to improve urban mobility, service reliability, and overall transit system performance. Its technology is utilized by transportation agencies in over 50 cities, benefiting millions of riders daily. Originally established as Swyft Technologies, Inc., the company rebranded to Swiftly, Inc. in January 2016.

Blyncsy

Grant in 2017
Blyncsy, Inc. is a data solutions provider based in Salt Lake City, Utah, founded in 2014. The company specializes in deploying Blyncs sensors in various environments, including ski resorts and college campuses, to capture real-time movement data of people and connected devices. This data is processed through Blyncsy's analytics platform, which offers insights into various public infrastructure aspects, such as parking availability and public transit demand. Additionally, Blyncsy offers a contact tracing product named Mercury, designed to assist universities in managing contagion tracking. By delivering actionable insights, Blyncsy aims to enhance urban efficiency, improve traffic flow, and contribute to environmental sustainability.

Green Momit

Grant in 2017
momit drives innovation in the Internet of Things (IoT) arena with focus in Energy Efficiency At momit, we design, manufacture and sale smart and connected devices With a strong focus on R&D and internationalization, momit delivers the smart solutions that customers need It was founded in January 2012 and is based in Madrid, Spain. momit has commercial offices in London, UK

GOmeter

Seed Round in 2016
Most water meters do not provide real-time monitoring or much insight into the water use of a facility; they are designed to clock in on a monthly basis for billing. GOmeter turns traditional water meters into smart water meters by using a low-cost, camera-based system combined with a sophisticated data-crunching backend. GOmeter allows residents, businesses, and cities to monitor water usage without going through the more intrusive and costly process of installing smart meters. The GOmeter device transmits time-stamped pictures of user’s water meter displays, creating an automated extraction of user data. With only 24 hours of monitoring, GOmeter can sift through a facility’s water data and identify, in nearly real-time, any costly and wasteful water patterns such as high usage spikes, pipe leaks, and appliance malfunctions.

WaterSmart Software

Grant in 2016
WaterSmart Software specializes in providing a cloud-based customer engagement and analytics platform tailored for water utility managers. By leveraging advanced intelligence beyond traditional meter data, the platform enhances customer service and operational efficiency for water providers. Users of WaterSmart's solutions have demonstrated significant improvements, including cost reductions, revenue protection, and a notable increase in customer satisfaction. The platform empowers consumers by granting access to detailed information, which helps them address inquiries and resolve common issues. This capability enables water utilities to effectively communicate the value of water, educate customers on their usage patterns, and promote savings. WaterSmart's innovative approach has earned it recognition, including the prestigious World Economic Forum Technology Pioneers Award.

RideScout

Seed Round in 2015
RideScout is a technology platform that provides a comprehensive solution for ground transportation by aggregating public, private, and social rideshare options on its free mobile applications for both iOS and Android. Users can search and compare various transportation modes—including transit, taxi, rideshare, bike share, carpooling, walking, biking, driving, and parking—through a single interface. This innovative approach allows for real-time access to multiple transportation options, making it easier for individuals to find the most suitable means of travel. Headquartered in Austin, Texas, RideScout also operates an office in Washington, D.C., contributing to its mission of simplifying transportation choices for users.

Actionfigure

Grant in 2014
TransitScreen, Inc. specializes in developing software for digital displays that deliver real-time transit information across various transportation modes, including subways, buses, trains, bikeshare, and carshare. Founded in 2012 and headquartered in Washington, D.C., the company offers solutions tailored for a diverse range of clients, including property managers, educational institutions, transit agencies, and cities. Its flagship product, TransitScreen, powers live transportation displays in building lobbies, showcasing public transit options as well as shared mobility services like bike and car rentals. Additionally, the company provides CityMotion, a mobile app designed for commuters that integrates employer shuttle services and parking information. Another offering, CommuteWise, serves as an educational tool that assists users in creating personalized commute plans, facilitating a smoother transition when starting a new job or returning to the office.
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