Impact Capital of New York

Impact Capital of New York is a Pittsford-based investment firm providing growth capital to businesses, primarily in upstate New York. The firm focuses on equity investments, board placements, and strategic guidance to drive expansion and job creation, particularly for high-tech companies that have entered the market, alongside investments across other industries like healthcare. Its business model involves raising investment funds from investors and deploying capital into portfolio companies, often seeking state matching grants to amplify funding. Impact Capital 1 successfully raised over $20 million, investing in 11 companies and contributing to the creation of more than 11,000 jobs. Following this success, the firm announced Impact Capital 2 in June 2023, a multi-million-dollar fund targeting up to $15 million for New York businesses, with a state matching grant application pending. Impact Capital of New York was founded in 2018 by Thomas Bonadio.