About the fund
Renewal3 is a social venture fund investing in early growth stage businesses in the organic and natural food, green products, and environmental and social innovation sectors in Canada and the US, designed to deliver above-market returns at a lower risk profile than traditional venture capital funds. Renewal Funds closed Renewal3 at $63 million — well ahead of its $50 million target — with capital commitments from individual investors, families, foundations, and institutional investors based in Canada, the US, and Europe, including 22 foundations, bringing total AUM to nearly $100 million at the time of close. Renewal Funds makes minority preferred equity investments in high-growth, capital-efficient businesses, partnering with exceptional mission-driven founders who have built category-leading companies and can demonstrate excellent product-market fit and customer traction, with a triple bottom line philosophy embracing social, environmental, and financial considerations and exclusions including tobacco and weapons manufacturers.
Inspirit Foundation
