While iSelect does not overtly market itself an ‘impact’ fund, the overwhelming majority of our investments nevertheless would qualify as impact investments. Whether our portfolio companies are saving energy, reducing agricultural inputs such as water or fertilizer, breeding more efficient plants, or targeting such conditions or diseases as obesity, cancer, or hypertension, they are attempting to make a considerably positive impact on our society.
What iSelect Looks For
iSelect invests in four verticals, three of which are directly impact-oriented — Agriculture, Healthcare, and Resource Efficiency. In Agriculture, we are focused on plant sciences, seed genetics, and sustainability. In Healthcare, we are investing in immunotherapy, personalized medicine, and consumerism. In Resource Efficiency, one of our companies is using AI/machine learning to cost-efficiently save energy, and another is developing a more sustainable means to produce natural rubber.
However, even in our 4th vertical, B2B, we have invested in a company that is enabling part-time workers and agencies to more efficiently find each other and manage the process of employment – thereby positively impacting a growing segment of our workforce and economy. We have another company that is deploying a different model for education and one that is improving the job placement process for recent college graduates.
iSelect has deliberately focused on investments and companies that can make a positive impact on our society, as well as on the bottom line.
We simply do not feel particularly impassioned to back the latest app or consumer entertainment product. Our companies are attempting to save lives, save our food supply and positively impact our environment. We are very excited to come to work each day to further this worthy effort.