Impact Engine

Impact Engine, established in 2012, is a Chicago-based venture capital and private equity firm. It invests in companies that aim to generate positive outcomes in areas such as education, health, economic empowerment, and environmental sustainability.

Linda Darragh

Co-Founder and Board Member

Sophia Friedman

Vice President

Ander Iruretagoyena

Vice President

Jamie Jones

Co-Founder and Board Member

Roger Liew

Partner

Priya Parrish

Partner, Chief Investment Officer and Member of the Investment Committee

Christopher Wu

Senior Associate

Past deals in Illinois

TimeDoc Health

Series A in 2020
TimeDoc Health develops digital care management solutions for healthcare organizations. Its core product is the TimeDoc CCM Platform, enabling providers to manage chronic care populations, track services, maintain audit trails, and create patient-centered plans. The company also offers chronic care management services and staff augmentation for health organizations.

Kaizen Health

Series A in 2018
Founded in 2015, Kaizen Health develops a web-based platform that connects healthcare providers with transportation services. Serving healthcare systems, payers, senior living segments, and more, the company aims to improve access, quality, and efficiency in healthcare by removing transportation barriers.

The Graide Network

Seed Round in 2018
The Graide Network, Inc. is an educational technology company based in Chicago, Illinois, that provides an online platform connecting middle and high school teachers with qualified teaching assistants. Founded in 2015, the platform facilitates the grading of student assignments and offers comprehensive feedback, allowing teachers to post class assignments and receive tailored matches with teaching assistants. This system not only streamlines the grading process but also enhances the quality of feedback students receive, thereby supporting their writing and critical thinking development. Additionally, the company offers an administrator dashboard to help schools implement effective writing plans, ensuring that teachers are well-supported and that students receive personalized guidance. The Graide Network aims to transform how educators allocate their time, enabling them to concentrate on the most impactful aspects of teaching.

Kaizen Health

Seed Round in 2017
Founded in 2015, Kaizen Health develops a web-based platform that connects healthcare providers with transportation services. Serving healthcare systems, payers, senior living segments, and more, the company aims to improve access, quality, and efficiency in healthcare by removing transportation barriers.

Pangea Money Transfer

Series B in 2016
Pangea Money Transfer is a mobile-centric money transfer platform founded in 2012 and headquartered in Chicago, Illinois. The company enables users to send money from the United States to 15 countries across Latin America and Asia in under 30 seconds for a low flat fee. The platform offers features such as automatic transfers, international bill payments, and remittance integration, ensuring fast, secure, and convenient transactions. Recipients can collect cash at thousands of retail locations or have funds directly deposited into a bank account or onto a debit card, making money movement accessible and efficient for users on the go.

Luna Lights

Seed Round in 2016
Luna Lights, Inc. is a Chicago-based company that specializes in developing innovative solutions to enhance night-time safety for senior citizens and reduce fall risks. The company’s primary product features an ultra-thin pressure sensor integrated with a monitoring system and portable lights. When a user gets out of bed, the sensor activates small, wireless lights throughout the home, providing guidance to help prevent falls. Once the user returns to bed, the lights automatically turn off. Additionally, Luna Lights' system collects data on the frequency and duration of night-time movements, allowing caregivers to receive notifications if an older adult remains out of bed for an extended period. This functionality enables caregivers to track trends in nighttime activity and identify individuals who may be at higher risk for falls, thereby fostering a safer living environment for seniors. Luna Lights operates as a subsidiary of Sentrics.

Skill Scout

Seed Round in 2015
Skill Scout, Inc. is a recruiting services company based in Chicago, Illinois, that specializes in enhancing the way organizations attract and hire talent. The company creates engaging multimedia content, including short videos and articles, to showcase a company's culture and job opportunities. By launching targeted social media campaigns, Skill Scout effectively shares these narratives to draw potential applicants to job postings. Additionally, the company offers tools for hands-on interviews that help screen and recommend candidates based on their skills. The team at Skill Scout combines expertise in workforce development and community engagement to deliver innovative solutions for connecting job seekers with meaningful employment opportunities.

Infiniteach

Seed Round in 2014
Infiniteach is a technology-driven education company focused on autism innovation through digital learning and training. It provides a digital learning platform for children with autism and its first product, Skill Champ, lets parents and teachers create customized lessons grounded in evidence-based interventions. The company offers a tablet-based learning application and online training modules that address autism core skills, delivering tools to help children learn and develop skills and to expand access to education, community living, healthcare, and employment opportunities. Founded in 2013 and headquartered in Chicago, Infiniteach aims to support educational access and independence for individuals on the autism spectrum.

Hooray Learning

Seed Round in 2014
Hooray Learning is a company that focuses on engaging, educating, and empowering young learners through interactive online portals. Founded in 2014 and based in Chicago, Illinois, its flagship product, Hooray Writing, serves as a comprehensive online writing platform. This platform allows students to create a variety of stories while providing educators with tools to align these creative endeavors with academic objectives. Additionally, Hooray Learning encourages parental involvement, enabling parents to support their children in developing writing skills. The company aims to foster collaboration among students, educators, and parents, thereby enhancing the learning experience and promoting creativity in key academic disciplines.

Civic Artworks

Seed Round in 2014
Civic ArtWorks, LLC is an online platform dedicated to community planning and design, enabling citizens to actively participate in the development of civic projects. Founded in 2006 and headquartered in Chicago, Illinois, the company allows the public to suggest and provide feedback on new initiatives from conception to realization. By equipping individuals with the necessary tools, Civic ArtWorks empowers communities to influence the future of their neighborhoods effectively.

Meal Sharing

Seed Round in 2014
Meal Sharing LLC operates an online platform that connects travelers with locals for home-cooked meals, fostering community and cultural exchange. Based in Chicago, Illinois, the company facilitates interactions between hosts and guests, allowing travelers to enjoy authentic local cuisine while also providing locals with the opportunity to share their culinary traditions. This innovative service not only promotes healthier eating habits but also enhances the travel experience by creating meaningful connections through food. By bridging the gap between visitors and residents, Meal Sharing encourages a sense of belonging and understanding among diverse cultures.

Pangea Money Transfer

Seed Round in 2013
Pangea Money Transfer is a mobile-centric money transfer platform founded in 2012 and headquartered in Chicago, Illinois. The company enables users to send money from the United States to 15 countries across Latin America and Asia in under 30 seconds for a low flat fee. The platform offers features such as automatic transfers, international bill payments, and remittance integration, ensuring fast, secure, and convenient transactions. Recipients can collect cash at thousands of retail locations or have funds directly deposited into a bank account or onto a debit card, making money movement accessible and efficient for users on the go.

Piece

Seed Round in 2012
Piece & Co. is a marketplace that connects retail brands with artisans in developing countries, specializing in fashionable, story-driven products. Founded in 2011 and based in Chicago, Illinois, the company facilitates collaborations that provide sustainable livelihoods to underserved populations, particularly focusing on empowering female artisans. By leveraging technology solutions, Piece & Co. enables users to design custom artisan products, manage production orders, and ensure timely delivery. The company's platform fosters the creation of unique, socially impactful products, allowing retail brands to offer culturally rich and sustainable goods while supporting ongoing employment for impoverished women.

Portapure

Seed Round in 2012
Portapure, LLC is based in Chicago, Illinois, and was founded in 2010 with a focus on designing and developing innovative water filtration devices for households and micro-businesses. The company offers products like PureLives, which utilize patented filter technology to purify water by removing sediment, bacteria, viruses, heavy metals, and other contaminants. Portapure aims to make clean water accessible to anyone, anywhere, at any time, particularly in underdeveloped regions. By providing affordable and effective water filtration solutions, Portapure empowers families to secure safe drinking water and supports the establishment of clean water micro businesses within their communities, all without the need for chemicals, electricity, or complex components.

Effortless Energy

Seed Round in 2012
Effortless Energy Inc. is a Chicago-based company founded in 2012 that specializes in providing energy-saving services for residential properties. The company employs a unique approach by sending energy experts to clients' homes to identify cost-effective upgrades that can enhance energy efficiency. Effortless Energy handles the installation and financing of these upgrades, ensuring that they are both accessible and attractive for homeowners. By utilizing technology, the company acts as a facilitator between homeowners, energy auditors, contractors, and financial resources, making the process of improving home energy efficiency straightforward and beneficial. Their services not only aim to reduce monthly utility bills but also enhance the overall value, comfort, and health of the home.
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