IMPACTASSETS 50™

An Annual Showcase of Impact Investment Fund Managers

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An Annual Showcase of Impact Investment Fund Managers

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ImpactAssets 50: A Global Landscape of Impact Investment Fund Managers
The ImpactAssets 50 (IA 50) is the first open-source, publicly published database of experienced private debt and equity impact investment fund managers.
https://www.impactassets.org/impactassets-50

ImpactAssets 50

An Annual Showcase of Impact Investment Fund Managers

IA 50 2025 PROFILE

Plum Alley

Total Assets Under Management: $50 – 99M
Asset Class: Private Equity
Primary UN Sustainable Development Goal: 3 – Good Health & Well-Being
Climate Change
Gender Equality
Health and Wellbeing

Firm Overview

Category: Venture Capital - Late Stage (Series A/B) - Developed Markets

Plum Alley Inc. was founded with a commitment to invest in early-stage companies developing climate solutions, advanced technologies and medical breakthroughs to positively transform the world. Also central to its vision was a goal to increase the diversity in the investing community and a focus on delivering capital to gender diverse founders. With a focus on disruptive innovation, Plum Alley invests in companies that are creating generational impact spanning major sectors including: Environment, Advanced Systems, Human Health and Inclusive Growth. Plum Alley Ventures Company (PAVC), a centralized venture asset management platform, was launched in 2024 and is focused on bringing about exponential social and economic transformation through on-boarding of domain expert female GPs, who shall invest, across fundraising stages, in female founders who are building companies in industries consistent with our thesis.

Firm Headquarters: United States
Years of Operation: 5 – 9 years
Total Assets Under Management:
$50 – 99M
Total Number of Investors: More than 25
% of Capital from Top 3 Investors: Less than 25%
Investment Thesis:

A centralized venture asset management platform focused on investing through women and gender diverse GPs into women and gender diverse founders who are building companies in climate, health and deep tech. 

Investment Overview:

Plum Alley Ventures Company has developed a novel thesis and competitive edge: a dedicated strategy with allocation across stages catapulting risers through a path to liquidity. The PAVC platform has direct investments via SPVs investing in women and gender diverse founders in STEM, as well as strategic funds managed by domain expert female general partners, across early, growth, opportunity and late stages. The 1st discrete fund which has been launched is in Climate Tech with 50% of target raise secured and commitment from a $60B institutional anchor investor. PAVC is working on a medical breakthrough fund, an infrastructure fund and an AI by sector fund. 

Company Differentiator:

Plum Alley Ventures Company (PAVC) is a unique ecosystem, which provides infrastructure, technology and support services to female domain expert GPs that allocate capital to gender diverse founders, in industries consistent with our thesis. The unique ecosystem provides founders the tools, resources, access to capital and expert networks, necessary for their success. This ecosystem is unique in its strength and focus on women.

Investment Example

Air Protein is building the world's first carbon negative meat company, requiring zero arable land and therefore no deforestation. The company started with research from NASA, exploring ways to feed astronauts on long space journeys by transforming elements in the air into protein. Air fermentation uses air, water, and unique cultures to produce protein within hours–a process similar to how yogurt, cheese, and wine are made. The protein is then harvested, purified, and dried to remove water. The result is a flour-like substance that can be converted into any meat through culinary techniques to create textures and flavors mimicking chicken, beef, pork, and seafood. Air Protein contains no animals, soy, hormones, pesticides, herbicides, or GMOs. The company has a black woman founder with a PhD in Physics. 

Leadership and Team

Cumulative Leadership Experience in Impact Investing:
30 years or more
Cumulative Impact Experience of Top Three Firm Leaders:
30 years or more
Deborah Jackson – CEO and Co-Founder More Info

Deborah Jackson is the Founding Partner of Plum Alley Ventures Company, Founder and Chief Executive Officer of Plum Alley Inc, and a General Partner in the Firm's Fund I. She is changing the field of venture capital by bringing in new perspectives and resources to invest in outstanding tech founders and women in the STEM fields to solve the most important human and planetary challenges. Deborah is an entrepreneur herself, founding Plum Alley after a two decade long career on Wall Street where she raised capital for clients in the public and private markets at Goldman Sachs. She has been an active investor in early stage healthcare and technology companies for nearly two decades.

Avantika Daing – Managing Partner and General Partner More Info

As a Managing Partner, Avantika spearheads Plum Alley Venture Fund and Plum Alley Syndicate Investments. She leads the firm's Investment's strategy and venture investments with a focus on investing in STEM innovation across deep tech and frontier healthcare companies with gender diverse founding teams. Plum Alley Investments has deployed over $50 Million across 25 companies, offering LPs and members investors the opportunity to invest in early stage female founded private companies that are transforming the world.

Sunil Rao – Chief Operating Officer and SVP Finance More Info

Financial Performance

Target Financial Returns Relative to Benchmark:
Above Market Rates
Actual Performance of Impact Products/Funds Relative to Target Financial Returns in the Past Three Years:
In line with initial target returns
Financial Reporting Frequency to Investors or Donors
Annually

Impact Performance

Percentage of Total Assets Under
Management that are Impact Investments:
75% – 99%
Primary Impact Outcomes:
Addressing gender inequities
Secondary Impact Outcomes:
Addressing climate change and environmental issues
Alleviating poverty
Conserving land, oceans, ecosystems and natural resources
Increasing access to workforce development services, job skilling and retraining
Creating jobs
Increasing access to education and improving educational outcomes
Increasing access to healthcare services and improving health
Increasing access to water and sanitation
Addressing racial inequities
Value-added Services Offered:
Access to markets
Human Resources, recruiting and professional development services
Other: Investor introduction; advisory and mentorship; ecosystem introduction

Investments systematically target companies where social and/or environmental impact is integral to the product/service being created:

All our companies are tracked to UN SDG goals. Their products and services, though having the potential to positively affect millions of people, will shape and future proof industries. 

Investments systematically include social and environmental sustainability practices in the due diligence process:

Our Plum Alley framework considers three lenses as we evaluate companies and track progress over time. These lenses include: Core Impact & Company Purpose; Gender & Racial Diversity; and Related Benefits & Impact. 

Impact Tracking and Monitoring

Impact is Tracked:
Yes
Impact Verified by an Independent Third-Party:
No
Social and/or Environmental Impact is Reported to Investors and Donors:
Yes – to the public
Third Party Validations:
Member of Impact Capital Managers
Impact Frontiers Cohort Participant
Implement recommendations from Task Force on Climate Related-Financial Disclosure
Net Zero Assets Managers Initiative
Utilizes standardized impact metrics (e.g. IRIS+, GIIRS, etc.)
Participant on steering committees or leadership roles within impact industry associations
Publisher or contributor to industry white paper or other research in impact investing
None

Learn More

Key Contact Name: Sunil Rao
Phone: 332-201-2392
Mailing Address:

43 West 23rd Street, New York, NY 10010 USA

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