RENEW is proud to introduce the Impact Angel Network’s (IAN) first annual impact report; we hope this will be the first of many impact reports that we share with you. Included in the report, you will find a blend of quantitative and qualitative information on our Ethiopia portfolio, the IAN and RENEW.
To start, 2015 was a good year. We closed five investments; four of those were in new portfolio companies, bringing the total size of our portfolio to seven great companies. We saw triple digit top-line growth across our portfolio, and double-digit bottom line growth as the improvements we are making across the portfolio begin to take hold. We did not exit any investments, we did not lose any companies, and one company made distributions to investors.
Be sure to take a few minutes to read through our 2015 Impact Report:
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