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SI3 Fund is an impact investment vehicle focused on fostering equal opportunities within the Benelux region by investing in early-growth social enterprises. It provides capital to companies developing solutions for pressing societal issues such as poverty, debt, and discrimination. The fund employs a "lockstep model" approach, ensuring that social impact is intrinsically linked to the business model, and utilizes the Social Return on Investment (SROI) methodology to measure its portfolio's effectiveness beyond financial returns.
The fund was conceived by a team including Piet Colruyt, Pieter Oostlander, and Jamy Goewie, who previously collaborated on the SI2 Fund and INZET initiatives. Their insight stemmed from a recognition that while general investment in social impact was growing, a specific focus on immediate, regional social challenges in the Benelux remained underserved. They identified a critical need for dedicated support for social enterprises in their home region, driven by concerns over increasing societal polarization and inequality.
SI3 Fund targets social enterprises whose innovations benefit individuals lacking full societal participation. Its vision is to address the widening gap between the privileged and disadvantaged, ultimately strengthening democratic society. The fund supports its portfolio companies, such as PLINKR. which tackles debt issues, with strategic non-financial guidance in areas like business development, financial modeling, and impact analysis, aiming for its investees to collectively impact one million people.
SI3 Fund has 1 tracked investment across 1 company. The latest tracked deal is $2.7M Seed in Deeploy in June 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 20, 2023 | Deeploy | $2.7M Seed | SI3 Fund | Anton Loeffen, Bonsai Partners, Curiosity VC, Emilia Capital |