Social-Impact Investment

Pitch Competition Results

The Richard King Mellon Foundation has announced the winners of its first-ever Social-Impact Investment Pitch Competition – a novel effort to identify and support for-profit companies with a public purpose that aligns with the Foundation’s Strategic Plan. Three companies won the top prizes, totaling more than $1 million. And the Foundation also is investing in 13 finalist companies. All told, the Foundation is investing $3.39 million in 16 companies with promising business ideas to make our communities stronger.

View our News Release

Miss the Pitch Competition but still want to apply for a Social-Impact Investment? The Richard King Mellon Foundation welcomes applications for Social-Impact Investment at any time. Learn more below. 

Apply for a Social-Impact Investment

1st Prize

Meeting busy families where they are, in the time they have: the laundromat.

Read more about Fabric Health.

2nd Prize

Helping patients live safer, more active lives amidst treatment.

Read more about Gus Gear.

3rd Prize

Bringing attainable, human-centered housing to the world.

Read more about Module.

Other Companies Winning Social-Impact Investments

In addition to the winners of the three top prizes, the Richard King Mellon Foundation will be investing funds in these 13 impactful public-mission companies:

Behaivior

Using behavioral health technology & wearables to augment treatment for substance misuse

bosWell

Strengthening the capacity of food pantries to serve their neighborhoods; enabling individuals to access preventive and primary care

Brightway Health

A virtual neurorehabilitation platform for serious chronic conditions

Civic Champs

Delivering the most intuitive and impactful volunteer engagement platform to nonprofits and their champions

DisSolves

All-natural, edible packaging that dissolves in water to eliminate nonrecyclable, single-use plastic

Farm to Flame

Producing and distributing biomass powered generators

Lumis Corp

Democratizing healthcare training to reduce frequency of medical errors, improve patient outcomes, and support public health initiatives

NuMoola

Intelligent family banking app helping young families build lifelong positive money habits

PHRQL

Technology and services company with a mission to make eating healthier easier

Rubitection

Improving the early assessment and care management of dermatological, surgical, and vascular-related wounds

Safe Space Technologies

Designing, developing and deploying leading edge, highly innovative cleaning solutions

Toyz Electronics

Ed-Tech company focused on diversity in STEAM fields so that minority populations are included in the future of work

Trek Gum

Plant-based, plastic-free chewing gum company incorporating functional ingredients into every chew

Investing in Impact

To solve the most vexing social problems facing our region, we need a wide range of solutions from our best thinkers. From this idea, the Social-Impact Investment Pitch Competition was born.

Read more about the pitch competition.