Arctaris Impact Investors
1330 Boylston Street, Suite 600, Chestnut Hill, MA, 02467, United States
Overview
Arctaris Impact Investors is a Venture Capital company that delivers above-market investment returns alongside positive social impact. The firm manages funds that invest in growth-oriented operating businesses and community infrastructure projects located in underserved communities. Founded in 2009 and is located in Chestnut Hill, Massachusetts.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 2
Investment portfolio
- Up To Date Laundry
Led · Equity · Sep 2022
Up To Date Laundry operates a large HLAC‑certified healthcare laundry facility in Baltimore, processing close to 70 million pounds of healthcare linen annually and offering rental, customer‑owned processing, full exchange cart programs, a non‑acute division, and consulting services. The company employs a diverse base of 200+ full‑time and 300+ temporary workers, pays above‑market wages and benefits, and aims to add up to 50 jobs in Baltimore over two years. Recent capital will fund increased automation at its main plant, multiple energy efficiency improvements, and purchases of linens for new linen‑rental customers to support growth. The firm has pursued sustainability upgrades (including PACE financing) projected to reduce greenhouse gas emissions by roughly 1,900 MT CO2e annually and improve water utilization. UTD served as an essential service during the pandemic, supporting major hospital clients in the region such as University of Maryland Medical System and Johns Hopkins. The company emphasizes workforce training and local hiring as part of its community impact.