Impact Engine

Impact Engine is a venture capital and private equity investment firm based in Chicago, Illinois, founded in 2011. The firm specializes in investing in companies that create positive social and environmental outcomes, focusing on sectors such as education, healthcare, economic empowerment, and sustainability. By targeting businesses that address critical challenges in areas like water, waste, and energy, Impact Engine aims to promote economic opportunity and enhance the well-being of communities.

Linda Darragh

Co-Founder

Sophia Valner Friedman

Vice President - Health Equity

Ander Iruretagoyena

Vice President

Roger Liew

Partner

Priya Parrish

Partner and Chief Investment Officer

Christopher Wu

Impact Investor and Vice President

Jessica Droste Yagan

Partner and CEO

Past deals in Ride Sharing

Circuit

Series B in 2025
Circuit is a provider of micro-transit services that utilizes all-electric vehicles, offering an innovative transportation solution through its software application. Founded in 2011 and headquartered in West Palm Beach, Florida, the company was previously known as The Free Ride Inc. Circuit's platform allows users to conveniently book rides with responsible and efficient drivers, promoting sustainable transit options in urban areas. The focus on electric vehicles aligns with the growing demand for eco-friendly transportation alternatives.

Cloverly

Series A in 2023
Cloverly is a clean-tech startup that offers a sustainability-as-a-service platform designed to help businesses and organizations achieve carbon neutrality. By connecting online buyers to local, high-quality renewable energy, Cloverly facilitates the purchase of carbon offsets for common activities such as e-commerce shipments, ridesharing, and on-demand deliveries. The platform employs real-time calculations powered by an API to assess the carbon impact of these activities. It enables users to view the source of their offsets and utilizes an algorithm to match customers with the nearest sources of carbon avoidance or sequestration, thereby promoting localized environmental impact.

Circuit

Series A in 2022
Circuit is a provider of micro-transit services that utilizes all-electric vehicles, offering an innovative transportation solution through its software application. Founded in 2011 and headquartered in West Palm Beach, Florida, the company was previously known as The Free Ride Inc. Circuit's platform allows users to conveniently book rides with responsible and efficient drivers, promoting sustainable transit options in urban areas. The focus on electric vehicles aligns with the growing demand for eco-friendly transportation alternatives.
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