Founding

Spring, 2016

After pitching investment portfolios to leading impact investing funds in Boston for a class project, Northeastern University alumni Mindi Chen and Ruby Khan founded NUImpact in Spring 2016

First Fundraise

The NUImpact founders won a $10k donation from Thrive – a student-run university organization which improves financial literacy on campuses. Soon after Thrive finalized its investment, Northeastern alumni took notice and made incremental donations into the NUImpact fund.

Inaugural Sustainable Investing Summit

The first NUSIS took place on November 16, 2019, with 120+ attendees representing 12 universities across the East Coast. The event included 4 breakout sessions and 2 keynote addresses with 26 speakers.

First Investment

In 2020, the NUImpact Fund invested in EatWell, a preventative care solution that treats food insecurity and reduces healthcare costs for chronic patients. The Fund invested $25k in a SAFE Note as a part of the company’s pre-seed round.

New Portfolio Management Team

The new Portfolio Management team was created in Spring 2023 as a point of contact with NUImpact’s six portfolio companies. The PM team supports portfolio companies with marketing, ad hoc consulting, and corporate / university partnerships.