Custom Investments
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Earnnest
Earnnest is a secure, convenient digital payment platform that allows for a fully digital transfer of funds for real estate transactions. Eliminating the need for paper checks and wires, Earnnest faciliates more environmentally-friendly transactions by significantly reducing paper usage and automobile CO2 emissions.
Addresses SDG goals to make communities more sustainable (11), and to promote an inclusive workplace (8).
One Abundance Angel recommended a loan in Spring 2024 to be used for growth capital and to refinance maturing debt.
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Good Shepherd's House
Pictured, Founder Adrick Ceasar standing in one of the program’s houses.
Upstate SC LLC seeking to reduce inequality and alleviate homelessness by providing stable housing options, counseling, and community services for men and women living in poverty.
Addresses SDG goals to end poverty (1) and reduce inequalities (10).
In participation with CommunityWorks, one Abundance Angel recommended a loan made in Feb 2022 to help with a property down payment.
One Abndance Angel recommended a loan in Winter of 2022. Later, three Abundance Angels recommended a loan in June 2023 to help with a down payment on a new property.
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Heart of Compassion
Heart of Compassion provides essential non-food items to communities experiencing poverty and hardship in the Upstate of South Carolina. Over the past four years, they have served over 6500 individuals and families, distributing items through churches and communitiy center.
Addresses SDG goals to end poverty (1) and reduce inequalities (10).
One Abundance Angel recommended a loan in Spring 2024 to be used for securing and equipping a new distribution center.
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Homes of Hope
Homes of Hope is a faith-based, nonprofit community development corporation (CDC), opening doors across SC for economic mobility through housing, economic, and workforce development. Now the largest nonprofit developer of single-family affordable housing in the state. Seeks ongoing capital to provide equity financing for the construction of single-family energy-efficient housing and community-focused mixed-use developments across SC.
Addresses SDG goals to ensure decent work and economic growth (8), reduce inequalities (10) and create sustainable cities and communities (11).
Two Abundance Angels have recommended loans on two separate occasions.
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Iconic Moments
VentureSouth members can use their Abundance Angel funds to make investments in companies that meet Abundance Capital’s social impact screening criteria.
Iconic Moments is a Chattanooga-based company utilizing non-fungible tokens (NFTs) to help museums engage new visitors and develop revenue streams outside of foot traffic. These new revenue streams became especially meaningful during the COVID-19 shutdowns and have continued to be an innovative, socially-impactful way for greater numbers of people to engage with cultural institutions.
The UN-sponsored World Summit Awards recognized Pass it Down, Inc for addressing SDG goals promoting quality education (4), decent work and economic growth (8), and sustainable cities and communities (11)
One Abundance Angel recommended an investment through VentureSouth in Spring of 2023.
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Jiminy's Inc.
Founder Anne Carlson wondered, “what if we could give millions of pets a healthier, happier life and in the process, make our planet healthier too?” Jiminy’s is a pet food company using cricket protein and utilizing sustainable production processes. Just last year, it saved over 108 million gallons of water. And by replacing chicken-based dog foods with cricket-based alternatives, it has averted over 53 million grams of greenhouse gases.
Addresses SDG goals to provide clean water (6), promote responsble consumption and production (12), and address climate action (13).
One Abundance Angel recommended an invesmtnet made in the Summer of 2023.
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Kitsbow
Pictured, CEO David Billstrom, showing off items in the Kitsbow clothing shop
Cycling apparel manufacturer in Old Fort, NC utilizing innovative, sustainable production techniques, creating new jobs with attention to diversity and inclusion, and contributing to other new business development in town. Also working toward employee ownership program.
Addresses SDG goals to end poverty (1), promote decent work and economic growth (8), build industry innovation and infrastructure (9), and combat climate change (13)
Three Abundance Angels recommended an equity investment made in May 2022 to help with operations and growth strategies.
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Klesis Health
Klesis Health is a concierge licensed Rehabilitation, Injury-Prevention, and Wellness Practice located on-line and in-person serving patients where they reside. Its mission is to improve the human condition by activating human potential for the betterment of mankind.
Addresses numerous SDG goals, including measures to ensure good health and well-being (3), reduce inequalites (10), and to provide decent work and economic growth (8).
Six Abundance Angels recommended a working capital loan in Summer 2024 to help with start-up expenses.
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Modern Ritual
VentureSouth members can use their Abundance Angel funds to make investments in companies that meet Abundance Capital’s social impact screening criteria.
Modern Ritual is a Chapel Hill, NC-based, women-founded, teledermascopy company for early skin cancer detection. Today, four in ten patients report a wait time of one to six months for an appointment and an estimated 1 in 5 people develop some type of skin cancer in their lifetime. Melanoma is poised to be the #1 cancer in men and #2 in women by 2040. Teledermatology ensures greater access to detection and treatment, particularly for people in rural areas and locations without easy access to dermatology.
Addresses SDG goal to ensure healthy loves and promote wellbeing (3)
One Abundance Angel recommended an investment through VentureSouth in Spring of 2023.
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Seal the Seasons
VentureSouth members can use their Abundance Angel funds to make investments in companies that meet Abundance Capital’s social impact screening criteria.
Seal the Seasons provides best quality fresh frozen food to connect farmers, communities, eaters and grocers. Supports healthy people, a green planet, delicious food, and the men and women who grow it. The company invests 90%+ of its buying in family farms and suppliers in each community where it sells its products. This unique approach supports smaller farms, shortens the farm to table supply chain, increases food nutrient density, and provides consumers with more access and transparency about their food.
Addresses SDG goals to end hunger, achieve food security, improve nutrition, and promote sustainable agriculture (2), and encourage sustainable consumption and production (12)
One Abundance Angel recommended an investment through VentureSouth in the Summer of 2023.
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Show Her the Money
Show Her the Money pulls back the curtain on the extreme underfunding of women entrepreneurs who currently receive less than 2% of all venture capital. But, the surging growth of assets controlled by women presents a huge opportunity for them to become venture capitalists themselves and change the paradigm. This film helps breaks the barriers to funding women, LGBTQ and BIPOC entrepreneurs. It features female entrepreneurs who have boot-strapped successful companies with the help of venture capital provided by accomplished females.
Addresses SDG goals to promote gender equality and empower all women and girls (5), and create decent work and ecomomic growth (8)
One Abundance Angel recommended an investment in the Fall of 2023.
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Step by Step
Pictured, CEO Angela Hurks (back right), members of the board, program participants, along with Margaret Gifford (Abundance) and Jolley Christman (Jolley Foundation)
501(c)(3) Reentry Project headquartered in the westside of Greenville, SC. Empowers formerly incarcerated women to rebuild hope, reunite with their families and children, and have a safe space to land. Provide housing, wrap around services, case management, advocacy, and leadership development.
Addresses SDG goals to end poverty (1) and achieve gender equality (5).
One Abundance Angel recommended a loan made in June 2022 to support operations and growth strategies.
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TendoNova
VentureSouth members can use their Abundance Angel funds to make investments in companies that meet Abundance Capital’s social impact screening criteria.
TendoNova is an Atlanta-based company making medical devices that enhance clinical outcomes for patients with chronic tendon pain. Delivers cutting edge microinvasive technology that is customizable to individual patient needs without overwhelming expense.
Addresses SDG goal to ensure healthy lives and promote wellbeing (3)
One Abundance Angel recommended an investment through VentureSouth in Spring of 2023.
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Trueline
Flagship live entertainment venue, located at 401 Rhett St dedicated to growing and enhancing Greenville’s music and arts scene. Brought to life by House of Blues co-founder, Michael Grozier and an experienced team, the venue will be designed and managed in an environmentally conscious manner, prioritizing renewable energy, low water usage, and eliminating single-use items, which reduces operating expenses and enhances positive environmental impact. The leadership team is also dedicated to using local partners for construction, hospitality, food and beverage suppliers; and enhancing workforce development opportunities for people who want to work in the music and entertainment space.
Addresses SDG goals to ensure decent work and economic growth (8), and encourage sustainable consumption and production (12)
Two Abundance Angels recommended investment in Trueline through the Vicinity investment crowdfunding platform.
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Union House
Pictured, renderings of 4 6-unit houses which include furnishings, utilities, and internet access.
First single-family development built specifically for co-living. Affordable for renters earning ~80% of area median income (AMI), including teachers, hospitality employees, and frontline healthcare workers. It is located in the city limits of Greenville, SC.
Addresses SDG goals to reduce inequalities (10), make communities more sustainable (11), and combat climate change (13).
Two Abundance Angels recommended an equity investment made in September 2022 to support construction.
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Universal Therapeutic Services
Pictured L-R, Mike Gatchell and Margaret Gifford (Abundance) and Tiffney Parker and Patrick Sapp (UTS).
An outpatient, community-based, behavioral health organization (LLC) providing clinically proven services that are accessible, affordable, and culturally sensitive, particularly in lower income and traditionally underserved BIPOC and Latinx communities. UTS began in 2018 in Greenville, SC and now has 35 therapists, +15 partners, and three service areas across SC, in addition to telehealth services.
Addresses SDG goals to ensure healthy lives and promote wellbeing (3), and align with others toward sustainable community development (17)
Two Abundance Angels recommended a loan made in February 2023 to support working capital for making strategic hires.
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Voxel
VentureSouth members can use their Abundance Angel funds to make investments in companies that meet Abundance Capital’s social impact screening criteria.
Based in Raleigh, NC, Voxel’s unique electrochemical machining technology supports a variety of high impact markets. Voxel is helping to keep manufacturing jobs in North Carolina, while providing specialized parts for advanced manufacturing applications including medical devices, clean energy, and more.
Addresses SDG goals to ensure decent work and economic growth (8), as well as promoting health and well-being (3), clean energy (7) and industry, innovation, and infrastructure (9).
One Abundance Angel recommended an investment through VentureSouth in the Summer of 2023.