Program Related Investments
The Sorenson Impact Foundation makes program related investments (PRIs) in the form of equity, convertible debt, revenue based financing agreements, and loans. Our program related investments are made to for-profit impact start-ups whose business model is tightly intertwined with achieving high, game-changing social impact. We are looking for the most innovative and scalable solutions to solutions such as access to education, workforce development, access to healthcare, and other issues disproportionately impacting underserved populations around the world. We will evaluate proposals from every country and sector that meet these guidelines. Please note that we are looking for post-revenue companies that are in the Seed and Series A stage.
To share your pitch with us please complete the following:
Optional: Get your company’s Investment Readiness Level through Abaca’s VIRAL assessment tool.
Share your pitch deck and tell us about your company or fund by completing our PRI Deal Intake form.
Our Program Related Investments Funding Process
Our process generally takes from three to six months from start to finish for deals that we close and fund.
What We are Looking for
Innovative and potentially disruptive
Have measurable social impact outcomes that are essential to the business model
Directly meet the needs of or solve a critical issue for an underserved population
Have strong leadership and a well-thought-out plan
Early-stage but post-proof of concept: Seed – Series A+
Phase I Due Diligence with our Diligence Team at Sorenson Impact focused on evaluation of business model potential, management and impact
Negotiations, legal documentation and compliance review
In 2021, The Sorenson Impact Foundation launched the Lasting Impact Through Systems Change grant program to provide access to capital, entrepreneur support, and jobs for underserved communities across the US in the heat of a global pandemic and concurrent economic, labor, and health crises. Through that program, we selected five organizations to support the development of financial systems that work better and for more people.
In 2023, our grant program will continue the theme for systems change by focusing on fundamental socio-economic gaps, barriers, and challenges in our society and supporting solutions that are addressed or catalyzed by impact investing.