Investor Type | Firm |
Type of Fund | Corporate VC |
Industries | Education |
Investing | United States |
Lumina Impact Ventures (LIV) is the impact investing strategy of Lumina Foundation, which is aimed at advancing racial equity and making educational opportunities beyond high school accessible to everyone. LIV employs a variety of investment tools to support social enterprises that align with Lumina Foundation's mission. The urgency to address the talent deficit in the United States has led LIV to focus on innovation to tackle the associated social and economic challenges. They engage with public, private, and non-profit sectors to elicit new ideas, build knowledge, and attract new capital to further educational opportunities for all. LIV's strategy emphasizes empowering social entrepreneurs with solutions that can be scaled and spread widely, leveraging the foundation's extensive networks. By making impactful introductions and providing access to resources, they aim to foster a collaborative ecosystem, which is conducive for their portfolio companies. LIV leads in investing in scalable solutions, extending Lumina Foundation's financial tools beyond traditional grants. With an investment focus on social and learning returns as well as expected financial returns, they champion cross-sector discussions, shape new financing practices, and bring together strategic partners. The team consists of professionals with expertise in impact investing, and they are based in Indianapolis, Indiana. The fund's investment thesis focuses on Equity and operates as a Corporate Venture Capital entity investing primarily in the Education industry.