Bridges Ventures

Headed by “the father of social impact investment” Sir Ronald Cohen, Bridges Ventures has funds for social, sustainable growth and property businesses

Fund name: Bridges Ventures
Investor category: Private equity firm
Based in: London
Website: www.bridgesventures.com

Description:

Founded in 2002, Bridges Ventures is headed by chairman Sir Ronald Cohen and backed by private equity organisations and entrepreneurs Apax Partners, 3i, Doughty Hanson and New Look founder Sir Tom Singh.

Investment criteria:

Dedicated to sustainable and impact investment, Bridges Ventures will fund businesses that look to become financially successful and help society in some way. With a “social mission” at its core, key sectors it looks to invest in are health and well-being, education and skills, property and sustainable living. Bridges’ typical investments range from £500,000 to £1m and it backs businesses from both the UK and US. It invests in privately owned businesses as well as charities such as Action for Children and Teens & Toddlers.

Size of fund:

Estimated $680m across three main funds: Social Entrepreneurs, Sustainable Growth and Property.

Portfolio company:

While its remit tends to be social businesses, Bridges has invested in a number of start-ups that, while not a social enterprise, will have a positive impact on society. In 2012, it invested £2m in Shoreditch marketing technology business cloud.IQ to help it expand its reach and develop tools that every start-up could afford. cloud.IQ provides cloud marketing software and claims to be one of London’s fastest growing start-ups with a new member of staff hired every two weeks.

Featured deals:

 

Comments

(will not be published)