The online impact broker-dealer, which launched last year with backing from the Ford, Kellogg and MacArthur foundations and others, went offline just before the new year.
“Unfortunately, we have had to make the difficult decision to cease operations,” said a notice on the ImpactUs website.
The platform had offered investment in about a dozen ventures and community development finance institutions, including Iroquois Valley Farms, Low Income Investment Fund, CommonBond Communities, Coastal Enterprises Inc. and Meow Wolf, the Santa Fe art attraction.
Members of the team said they weren’t able to comment. Online impact investment marketplaces have a troubled history; earlier efforts that have closed include Enable Impact and Mission Markets.