High-Level Overview
Tripple is a private investment company and single-family office founded in 2018 by three siblings—Bec Milgrom and her brothers Adam and Jake Milgrom—with a mission to use capital exclusively as a force for good through a combination of impact investments and grant-making[1][2][4]. Tripple operates with a 100% impact-focused portfolio, investing only in organizations that address significant real-world problems and create genuine social and environmental value[1][2][3]. Their investment philosophy centers on thoughtful, deliberate deployment of capital, emphasizing belief in the founding team, the importance of the problem being solved, and the viability of the solution[1]. Tripple’s approach exemplifies a new normal in investing, aiming to demonstrate how capital can drive systemic change and a better future for all[2][3].
Origin Story
Tripple was established in 2018 following conversations among the Milgrom siblings about how to use their family wealth for positive impact, catalyzed by the sale of a family asset[1]. Adam Milgrom’s prior experience in impact investing helped shape the vision. The company began with a learning-by-doing approach, carefully vetting opportunities and moving at a pace that balanced urgency with thoughtful decision-making[1]. Initially, deal flow was limited, and the team met with many organizations but invested in only about 5% of those, focusing on quality and alignment with their impact goals[1]. Bec Milgrom serves as an Executive Director and identifies as an impact investor and change-maker, reinforcing the company’s values-driven leadership[1].
Core Differentiators
- 100% Impact-Driven Portfolio: Tripple commits exclusively to investments and grants that generate measurable social and environmental benefits, rejecting traditional profit-only approaches[1][2][3].
- Combination of Investments and Grant-Making: They blend capital deployment methods to maximize impact, supporting both market-based solutions and philanthropic initiatives[1].
- Thoughtful, Team-Centric Investment Process: Emphasis on believing in the founding team, the significance of the problem, and the potential effectiveness of the solution[1].
- Learning-Oriented and Patient Capital: Early years focused on learning and deliberate pacing rather than rapid deployment, ensuring high-quality decisions[1].
- Family Office with Strong Values: Founded and managed by siblings with a shared commitment to impact, providing a unique governance and mission alignment[1][4].
Role in the Broader Tech Landscape
Tripple rides the growing global trend toward impact investing and sustainable finance, where capital is increasingly directed to solve urgent social and environmental challenges[2][3]. The timing is critical as traditional business models face increasing scrutiny for their environmental and social externalities, and investors seek new paradigms that align profit with purpose[2]. By demonstrating a fully impact-aligned portfolio, Tripple influences the broader ecosystem by setting an example for other family offices and investors to follow, helping to shift capital flows toward solutions that address climate change, social inequality, and systemic injustices[1][3]. Their grant-making also supports systemic change efforts, amplifying their influence beyond direct investments[3].
Quick Take & Future Outlook
Looking ahead, Tripple is well-positioned to expand its impact by scaling investments in innovative solutions that address pressing global challenges, particularly as impact investing matures and deal flow increases[1]. Trends such as climate action, social justice, and equitable economic development will likely shape their portfolio evolution. Their influence may grow as a model for how family offices and private investors can fully integrate impact into their capital deployment strategies, potentially inspiring a broader shift in the investment community toward a "new normal" of investing exclusively for good[2][3]. Tripple’s continued commitment to thoughtful, values-driven investing suggests a future where capital is a powerful lever for systemic change.