Revent Impact Report 2024
Featuring our new Real Value Framework, the state of impact VC, portfolio survey results & more
Our 2024 Impact Report is Here!
We’re excited to share the latest edition of our annual Impact Report.
In this year’s report, we unveil the findings of our annual portfolio impact and ESG survey, explore our new Real Value Framework, discuss the current state of impact VC, and spotlight four brilliant founding teams driving change across climate and health.
Key highlights
We’re now measuring the impact performance of 20 companies, up from 16 in 2023. Our portfolio impact multiple1 hit 2.96x, with performance exceeding industry benchmarks across all ESG categories.
Since our initial investments, our portfolio companies have collectively avoided or removed an estimated 1.2 million tonnes of COâ‚‚ and improved more than 790,000 lives.
We reached an 82% graduation rate2 across the portfolio—an indicator of top-tier performance, especially in a challenging fundraising environment.
We introduced the Real Value Framework, a unified theory of impact and capital, that allows us to quantify human and natural capital impact in financial terms.
A sneak preview:
For more details on the Portfolio Impact Multiple see p.17 and the appendix.
% of companies we are holding for longer than 12 months that have raised additional capital or are already break-even.