City Light Capital

About City Light Capital

City Light Capital is a venture capital firm that invests in early stage companies which provide not only strong financial returns, but also positive contributions to our world. They invest in early stage, for-profit, sustainable businesses that create solutions in Safety and Security, Education and Media, and Energy and the Environment. Their belief and experience demonstrates to us that these businesses can simultaneously benefit the entrepreneurs, their investors and society at large, delivering improvements to our everyday lives.

We became a B Corporation in order to meet like-minded people and work with them to increase and support social investing and entrepreneurship.

City Light Capital partners with companies and management teams who share their values and philosophy. Then they attempt to accelerate growth of these early stage businesses by bringing to bear years of successful operating experience, an active network for business development, and our involvement with principals as they pursue returns and impact together.

The Change We Seek™

As a "double bottom line" investment fund City Light Capital holds that maximizing shareholder value should be realized in more than purely financial returns; it should be about benefits to society and to our environment. They invest in companies that aim to save lives, reduce crime, increase literacy and education, protect individual rights, and promote energy efficiency and conservation.

• City Light will invest in companies whose core solution is designed to address a major social issue. Since the primary social benefit comes from the implementation of the core solution of the portfolio company, social impact is both easier to evaluate and fundamental to the success of the business. City Light will work with the management teams of portfolio companies in order to figure out which social metrics make the most sense to track and report on. This will vary company by company.

• “Everyday Revolutions” is an anthem for them personally and as a company. It inspires them to search for meaningful, pragmatic ways to make an impact. It is not about making a statement, but about making a difference. They give their time, connections and capital to entrepreneurs that make a difference, and they designate a portion of their fees for like-minded nonprofit organizations.

City Light Capital

  • Industry: Equity Investor - Developed Markets
  • Product/Services: Venture Capital
  • Location: New York, NY
  • Ownership: Private
  • http://www.citylightcap.com

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Summary:

Certified: May 2008
  Points Earned % Points Available
Accountability » 7.3 73%
Employees » 23 51%
Consumers » 52.1 87%
Community » 23.1 35%
Environment » 6.1 32%
Composite B Score 111.6
  • >80 out of 200 is eligible for certification
  • >60% points available = Area of excellence

Highlights:

From B Impact Assessment

Environment: >25% of office supplies come from recycled materials, >25% of energy comes from renewable sources, % of renewable energy use increased annually

Employees: >15% of profits included in profit sharing plan

Community: >20% of expenditures directed toward local suppliers

Consumers: 100% of services provide primary benefit for purpose driven enterprises

News

• City Light Capital Company Press Page Go»
Wall Street Journal Q&A with City Light Capital's Josh Cohen  Go»