Participated · Equity · Nov 2024

TailorMed provides an enterprise platform that manages the full lifecycle of patient support programs to reduce cost barriers and improve medication access and adherence. The company has built the nation’s largest Affordability Network, deployed across more than 800 hospitals, 1,300 clinics, and 650 pharmacies. TailorMed integrates directly with manufacturer assistance programs to automate patient support and streamline stakeholder workflows. Having reached an inflection point in its network evolution, the company is expanding into an end-to-end platform to tackle cost, access, and adherence across the medication continuum. The new financing will fund that expansion and broader efforts to create a seamless flow of data and resources across patients, providers, pharmacies, life sciences, and payers. TailorMed frames this work as addressing affordability at the point a prescription is written or dispensed to prevent delayed or skipped treatments. TailorMed Medical provides a technology platform that automates identification of financially at-risk patients and matches and enrolls them in financial resources such as co-pay assistance, replacement drug programs, government subsidies, community and state resources, disease-specific foundations, and programs addressing living expenses. Its platform is designed to reduce out-of-pocket responsibility for patients, helping to eliminate downstream financial hardship and avoidance of care. For health organizations, TailorMed shifts financial assistance from reactive matching or downstream collections to a proactive, point-of-care approach. The company serves physician practices, specialty clinics and health systems, and in 2021 expanded adoption into pharmacies nationwide. TailorMed said it will use the new funding to further expand its reach across health care with innovative financial solutions. Srulik Dvorsky is CEO and co-founder and the company is based in New York City.

Led · Equity · Feb 2018

Innovate Services is a UK-based school catering business that provides food to primary and secondary schools. Led by Executive Chair Geoff Peppiatt, the company works with partner schools through events, school councils and parents' meetings to promote the benefits of healthy eating. Its school catering business currently provides food to over 90,000 children in England. The firm received an £8.5m investment, with specialist sustainable and impact investor Bridges Fund Management making the majority investment. Innovate will work with and build the management team to scale the platform and deepen its impact focus. The funding is intended to support growth of the catering platform and broaden its impact-driven initiatives across partner schools.

Led · Equity · Dec 2011

Historic Futures provides global supply chain traceability solutions, enabling businesses to gain visibility into their supply chain from raw material to finished product. Its core product, String, is supply chain traceability software. The company plans to use the £2.6m in funding to roll out String in sectors such as textiles and timber. String is used by major brands, retailers and labeling organisations, including M&S, Levi’s, Walmart, MSC and FSC. The company is led by Managing Director Tim Wilson and was founded in 2003. Backers include Oxford Technology ECF, new investor Bridges Ventures (which committed £1.6m), existing shareholders and a series of new angel investors.

Led · Equity · Sep 2011

Ardenham Energy Ltd develops and installs renewable energy systems across residential, public sector, agricultural and commercial markets. The company specializes in Solar Photovoltaic (PV) integration and also installs heat pumps, wind turbines and solar thermal systems. It holds certification to assist clients with project requirements for the current Feed in Tariff and the forthcoming RHI projects starting in 2012. Ardenham was founded in 2007 by Harry Shepherd-Cross and James Hoare. The company recently received an initial £2m investment and intends to use the funds to expand across the UK.

Led · Debt Financing · Mar 2010

HCT Group is a UK social enterprise providing transport services for marginalized people and communities, funded by revenues from commercial bus contracts. Its operations include London red buses, social services transport, school transport, whole bus networks, community transport, and education and training. The company reinvests profits from commercial work into additional transport services and community projects. HCT currently operates a fleet of 732 vehicles across 13 depots and delivers over 30 million passenger journeys per year. Founded in 1982 and led by CEO Dai Powell, HCT recently secured £17.8m to provide working capital and accelerate rapid expansion. The funds will also be used to acquire commercial bus operators and convert them into social enterprises as part of growth plans. HCT Group operates buses in the UK, delivering transport services with a stated social impact focus. The company intends to use new capital to fund growth, purchase vehicles and depots, and improve infrastructure. HCT is exploring private‑sector acquisitions and plans to deepen partnerships with local authorities to expand services. Historically, a £4m investment in 2010 helped grow turnover from £26m to £46m; that earlier investment was repaid in full and met a 7% financial return target while achieving impact goals. The article describes HCT as one of the few scalable, profitable and sizable impact businesses in the UK. Advisers and supporters on the transaction included ClearlySo, legal adviser Bates Wells Braithwaite, and grant support from the Investment and Contract Readiness Fund (ICRF). HCT Group is a London, UK social enterprise that provides public transport services and related training. The company uses innovative financing structures and has raised capital through instruments linked to social impact. It has secured funding to meet its capital requirements for the next three to five years. HCT recently raised funds via a Social Loan whose returns can vary with the organisation’s turnover. The current fundraising round is structured to include both a Social Loan and a traditional fixed-rate loan. Investors participating in the financing are social-impact and specialist fund managers supportive of HCT’s mission.