SEMCAP

SEMCAP is an impact investment firm established in 2018 and located in Wayne, Pennsylvania. It focuses on growth equity investments in early and growth-stage private companies, primarily in the healthcare, education, and food & nutrition sectors. Led by experienced entrepreneurs and investors Buck Buckley and Cyrus Vandrevala, SEMCAP targets businesses that can benefit from significant technological advancements, social transformations, and regulatory changes. The firm employs a methodology aligned with the Sustainable Development Goals (SDGs) to ensure that its investments generate positive social and environmental impacts.

John Haugen

Founder and Managing Partner

Victor Kats

Managing Partner and Co-Head

Cyrus Vandrevala

Co-Founder, Managing Partner and Co-CIO

Buck Buckley III

Co-Founder, Managing Partner and Co-CIO

8 past transactions

Arcana Labs

Venture Round in 2025
Arcana Labs is an AI production studio that is leading the industry in image and video creation.we empower creators with model-agnostic, artist-first AI tools that seamlessly blend traditional creativity with innovative technology.

ALOHA

Secondary Market in 2024
Originally created in 2013 by three long-time Hawaiian business partners and re-formed by its current management team led by Brad Charron in late 2017, ALOHA is an employee-owned and operated company committed to making the healthiest, best-tasting plant-based protein products on the planet. ALOHA’s product portfolio includes protein bars, protein drinks and protein powders that taste as good as they are for you, proving you don’t have to sacrifice taste for nutrition. USDA Organic, Non-GMO Project Verified, Soy-Free, Dairy-Free, Stevia & Sugar Alcohol-Free; all ALOHA products are sustainably sourced and thoughtfully packaged with deep respect for both people and the environment. As of March 2021, Aloha is proud to be a Certified B-Corporation. Aloha completed a secondary investment merger with SEMCAP's Food & Nutrition Fund in March 2024 to become Aloha Holdco Inc. Aloha is widely available online at Amazon, Thrive Market, Vitacost, Walmart.com and through its own D2C site, www.aloha.com. In addition, Aloha products can be found at leading retailers nationwide such as Whole Foods, Target, Wegmans, Sprouts, Harris Teeter, HEB, Kroger, Albertsons, Publix, and many other grocery/natural outlets.

SafeRide Health

Series C in 2023
SafeRide Health is a healthcare technology platform that focuses on enhancing medical transportation and care coordination for vulnerable populations. The company provides a comprehensive platform that empowers health plans to manage their members effectively, ensuring greater intelligence and control over services. By utilizing advanced technology and artificial intelligence, SafeRide Health facilitates end-to-end data transparency, which in turn improves patient experiences and outcomes. The platform aims to transform the patient journey, enhance population health, and reduce overall healthcare costs through its innovative solutions, including patented fleet management capabilities tailored to the healthcare industry.

NeuroFlow

Series C in 2022
NeuroFlow, Inc. is a digital health company based in Philadelphia, Pennsylvania, that specializes in providing a platform for behavioral health and patient engagement throughout the mental healthcare continuum. Founded in 2016, NeuroFlow offers cloud-based tools designed for remote patient monitoring and the integration of behavioral health across various care settings, including psychology, primary care, and pain management. The platform empowers healthcare providers to track and engage patients through evidence-based practices, enhancing patient compliance and overall wellness. NeuroFlow's solutions cater to a diverse range of stakeholders, including practices, clinics, hospitals, health plans, and individuals. The company collaborates with several strategic partners, such as Smart Health Innovation Lab and Mental Health America, to further its mission of improving mental health outcomes.

Good Culture

Series C in 2022
Good Culture, LLC is a producer of organic dairy products based in Irvine, California. Established in 2014, the company specializes in real-food cultured dairy items, focusing on all-natural cottage cheese that is thick, creamy, and low in sugar. In addition to cottage cheese, Good Culture offers probiotic gut shots and sour cream, all made with simple ingredients and devoid of artificial additives. By providing these products through various stores across the United States, Good Culture aims to help consumers enjoy dairy in a health-conscious manner.

Purely Elizabeth

Series B in 2022
Purely Elizabeth LLC, founded in 2009 and based in Boulder, Colorado, specializes in the manufacture and sale of natural and organic food products. The company focuses on healthy, gluten-free options, offering a variety of items such as muesli, grain-free granola, probiotic granola, oatmeal, and cereals. All products are crafted from high-quality, nutrient-rich ingredients, and are certified organic, vegan, non-GMO, and free from refined sugars. By prioritizing the use of whole grains and superfood seeds, Purely Elizabeth aims to provide consumers with nutritious and delicious breakfast choices while maintaining a commitment to environmental sustainability as a member of 1% for the Planet.

SafeRide Health

Series B in 2021
SafeRide Health is a healthcare technology platform that focuses on enhancing medical transportation and care coordination for vulnerable populations. The company provides a comprehensive platform that empowers health plans to manage their members effectively, ensuring greater intelligence and control over services. By utilizing advanced technology and artificial intelligence, SafeRide Health facilitates end-to-end data transparency, which in turn improves patient experiences and outcomes. The platform aims to transform the patient journey, enhance population health, and reduce overall healthcare costs through its innovative solutions, including patented fleet management capabilities tailored to the healthcare industry.

McGraw-Hill Education

Private Equity Round in 2021
McGraw-Hill Education is a leading provider of comprehensive learning solutions that enhance educational experiences for students and educators alike. The company specializes in a wide range of resources, including printed materials, e-books, mobile applications, and digital platforms designed for various subjects such as science, mathematics, social studies, and the arts. McGraw-Hill Education focuses on adaptive learning solutions and K-12 assessment tools, utilizing data and analytics to support educators in delivering personalized instruction. Its offerings also extend to professional development resources for educators and materials for adult basic education. By combining traditional educational content with innovative digital solutions, McGraw-Hill Education aims to accelerate learning and unlock the potential of each learner.
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