
Impact Engine
350 W Wolf Point Plaza, #9000N, Chicago, IL, 60654, United States
Overview
Impact Engine is a venture capital and private equity investment firm focused on growing companies that generate positive outcomes in education, health, economic empowerment, and environmental sustainability.
- Total investments
- 35
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 9
Sector focus
- EdTech
- Energy Efficiency
- Enterprise Software
- Health Care
- Impact Investing
- Information Technology
Investment portfolio
- Pear Suite
Participated · Series A · Oct 2025
Founded in 2021, Pear Suite offers an AI-enabled software platform and wrap-around services that equip community health workers (CHWs), community-based organizations, and health plans with tools for care coordination, reimbursement, and data insights. The product lets CHWs use their lived experience to close care gaps and address social determinants of health while unlocking sustainable Medicaid and Medicare payments. Beyond software, Pear Suite is building a national provider network that already connects more than 300 provider organizations with over 25 health plans. The company has empowered 2,500+ CHWs, promotores, doulas, and other frontline workers to deliver trust-based interventions. With its new funding, management plans to increase the size of this provider network tenfold, deepen Medicaid relationships, and expand aggressively into Medicare contracts. The ultimate goal is to cement CHWs as a foundational part of U.S. healthcare by supplying the contracting, clinical, and claims infrastructure they need to thrive. While the company has not disclosed revenue figures, it recently strengthened its balance sheet with a $7.6 million Series A round.
- Circuit
Participated · Series B · Feb 2025
Circuit provides short-trip, electric shuttle solutions and a proprietary tech platform that runs microtransit services for cities, properties and businesses. The company focuses on reducing congestion and emissions while improving access and rider experience through on-demand, tech-driven routing and operations. Circuit operates in over 40 cities and has delivered more than 9 million eco-friendly rides, moving over 1.9 million passengers in the past year and avoiding more than 1,050 metric tons of GHG emissions. In 2024 it expanded into markets including Orlando, Avalon, Boca Raton and Long Beach while growing programs in San Diego, New York, West Palm Beach, Fort Lauderdale and Huntington Beach. The company plans to use new capital to expand partnerships, enhance its proprietary technology, shorten rider wait times, add new features, and create opportunities for advertising partners. Circuit partners with municipalities, developers and advertisers to deliver turnkey, scalable last-mile transit solutions tailored to urban and property needs. Circuit is a New York-based provider of an on-demand electric shuttle service and micro-transit solution founded and led by James Mirras and Alex Esposito in 2011. The company uses fleets of cars and partnerships with municipalities, developers, and advertising partners to fulfill first/last-mile needs. Circuit operates in cities across NY, FL, CA, NJ, CO, MA, and TX and has provided over 6 million rides. The business raised $11M in a Series A round to scale operations. Proceeds are intended to grow the team, enhance the company’s technology, and expand into more markets. The company began as a pet project in its founders' hometown and has since expanded to multiple U.S. states.
- The Helper Bees
Participated · Series C · Jan 2025
The Helper Bees operates a technology platform that helps older adults age safely at home by connecting payers and families to the largest and most diverse network of non-medical providers nationwide. Its marketplace coordinates services such as in-home caregiving, home modifications, groceries and meals, pest control, housekeeping, and transportation. The company reports a network of 20,000+ providers and says 43 of the largest payers tap into its platform; it is integrated into most Long-term Care and Medicare Advantage plans. The Helper Bees also launched helpful™, a flexible spending card designed to simplify payments for caregivers, providers, and payers. The company says its platform reduces administrative burdens for insurers around credentialing, fulfillment, and reimbursements and has helped millions of Americans retain independence. With new capital, it plans to broaden its reach and accelerate entrance into Medicaid and payment innovation. The Helper Bees provides an Aging-in-Place Marketplace and tech-enabled services that convene vetted in-home service providers onto a single delivery platform for payers and insureds. Its platform combines advanced data analytics, digital claims tools, and healthAlign’s compliance technology to streamline claims and drive cost savings for Long-Term Care Insurance and Medicare Advantage carriers. The company vets providers with a proprietary credentialing process aligned to Medicare standards to ensure compliance with federal, state, and local regulations. Using aggregated utilization and efficacy data, The Helper Bees aims to personalize aging-in-place interventions and inform future targeted services. Earlier this year the company acquired healthAlign and entered the Medicare Advantage market. The Helper Bees has grown rapidly recently, increasing revenue 3x in just over a year and expanding its team 8x. The company plans to expand its Marketplace services and delivery to reach a wider variety of aging Americans and other organizations that support caregivers. The Helper Bees builds software and services that combine skilled professionals with a proprietary, data-driven technology platform to improve the home-care experience and claims processing for long-term care, workers’ compensation, and disability carriers. Its Care Concierge program shows early success in bending the claims cost curve and helping people remain healthy and independent at home longer. THB works with insurance carriers to digitize operations, source care options, and apply machine learning for care and claim analytics and processing. Since launching in 2017, the company has acquired over 12 insurance clients, most of which are large Fortune 300 companies, and its revenue grew 8X in the past year. The team completed the acquisition of nurse-care management company Dimensions and is led by cofounders Dr. Char Hu, Eric Corum and Danny Lynch. THB plans to use new capital to expand partnerships in the long-term care insurance market, further develop products to reduce costs and improve outcomes, and vertically expand into workers’ compensation and disability insurance markets.
- Twentyeight Health
Participated · Series A · Jan 2025
Twentyeight Health is a NYC-based digital-first women’s healthcare platform that makes reproductive and sexual healthcare affordable through telemedicine consultations, fast at-home deliveries, and ongoing access to providers for services such as birth control and herpes treatments. The company accepts almost every commercial insurance and Medicaid plan, positioning itself as a broadly accessible alternative to traditional care. It currently serves more than 100,000 users across 43 states. Twentyeight Health raised $10M in a Series A, bringing its total capital raised to $25M. The company intends to use the funds to expand operations and accelerate product development. Bruno Van Tuykom serves as CEO. Twentyeight Health operates a women’s virtual healthcare platform focused on sexual and reproductive care, accepting Medicaid and partnering with culturally competent clinicians. The platform is bilingual (English and Spanish) and aims to serve medically underserved, low-income, and non-urban populations. Since founding in 2018, the company has expanded from six to 34 states and now covers more than 85% of women of reproductive age in the U.S. It has helped over 60,000 individuals access care, with 55% of users on Medicaid, 58% identifying as BIPOC, and 60% living in non-urban areas; 63% of its birth-control users previously lacked access to prescriptions. The company offers free birth control to uninsured users through a partnership with the Contraceptive Access Fund of Bedsider and donates 2% of revenues to related organizations. With recent funding, Twentyeight Health plans to expand nonprofit partnerships, grow its services and footprint, and improve the quality of its telehealth offerings. Twentyeight Health offers telemedicine reproductive-health services focused on contraception, providing online medical questionnaires reviewed by U.S. board-certified doctors and access to more than 100 FDA-approved birth control options. Customers receive shipments within three days and ongoing care via audio consultations and doctor follow-up messages. The company emphasizes serving Medicaid, underinsured, and uninsured women and works with partners such as Bottomless Closet and eight CUNY colleges to reach underserved populations. Twentyeight Health is the only telemedicine contraception provider noted in the article that accepts Medicaid and also partners with Bedsider’s Contraceptive Access Fund to provide free birth control to uninsured patients. The company donates 2% of its revenue to Bedsider and the National Institute for Reproductive Health. Launched in 2018, Twentyeight Health currently operates across Florida, Maryland, New York, New Jersey, North Carolina, and Pennsylvania and plans to use new funding to expand services across the U.S.
- Watershed Health
Participated · Equity · May 2024
Watershed Health offers a real-time care coordination SaaS platform that becomes the single point of connection among a patient’s clinical and non-clinical providers to reduce costs and improve outcomes. The platform supplies a shared patient record with curated, real-time clinical data, social determinants of health, and contact information, and it integrates with existing EHRs and HIEs. Watershed is HITRUST-certified and supports HIPAA compliance, while generating proprietary quality measures and a virtual workspace for provider communication and care-plan execution. Current customers include four out of six major US health plans and thousands of providers delivering care to more than five million patients. Founded in 2013 to help the Alabama Gulf Coast region, the company has expanded geographically and plans to scale across the United States. The new capital will be used to meet payer and provider demand and to grow engineering, development, customer success and sales teams.