SAGANA

We are excited to share that Joy Anderson, the late Suzanne Biegel, and Jackie VanderBrug, pioneers in #GenderLensInvesting, have received the prestigious Joan Bavaria Award for their contributions to social investing. The Joan Bavaria Award recognizes leaders who have significantly impacted the capital markets by promoting a financial system that integrates economic, social, and environmental considerations. This year's award, presented by Trillium Asset Management and US SIF, recognizes the “significant materiality, growth, and impact of gender lens investing on the finance industry.”    “The Sagana team has had the privilege of working closely with Suzanne on various projects. She was instrumental in helping us establish Sagana’s #GenderSmart advisory services. This award recognizes Suzanne’s unwavering dedication and visionary leadership to build an ecosystem for Gender Lens Investing,” says Raya Papp, Founding Partner at SAGANA.  Read the press release here https://lnkd.in/gy_E2pAZ #SAGANA #ImpactInvesting #FORUM2024 #SustainableInvesting #SustainableInvestment 

SAGANA is excited to introduce its newest portfolio company, ekincare.  Ekincare is a #HealthTech company whose AI-driven integrated and patented health benefits platform is predictive, preventive, and personalized. The platform provides real-time insights on health parameters for both employers and employees, making it a robust solution for delivering personalized health and wellness experiences. Additionally, the company looks to reduce the healthcare burden on a family as 60% of the costs are currently funded out of pocket, majority being for out-patient department (OPD) expenses. Founded in 2015, the company began its journey as a medical records platform to help Non-Resident Indians keep track of the health of family members back home. Over time, they identified a more challenging problem “in the corporate health benefits and group insurance space” and became a B2B health benefits provider. The platform offers a whole spectrum of services from OPD benefits, on-site health camps to mental health support. More importantly, the platform can be personalized for all employees as they have different health needs. In 2022, the company raised USD 15m in its Series B funding round. It used this funding to accelerate growth by delivering simplified health benefits and insurance experience to employers. Today, the platform has over 4 million users and is the “only Indian company focused purely on enterprise-ready health benefits.” Employee health is crucial for any organization as it directly correlates with higher productivity in the workplace. Sagana looks forward to supporting Ekincare in simplifying employee wellbeing for organizations and lessening the healthcare cost burden on families by helping them reduce their OPD expenses. To know more about Ekincare and its services, visit here https://www.ekincare.com/ Kiran Kalakuntla | Srikanth Samudrala | Dr. Noel Coutinho Fondation Botnar | Sushant Sharma Aina Gaur | Shivank Saxena #SAGANA #ImpactInvesting #HealthCareManagement #DataInsights #EmployeeWellbeing #WorkPlaceWellness

#MeetTheTeam  As a Recruiting Director at SAGANA, Wendy Foster provides expert guidance on recruitment methodologies to our Capital and Consulting teams, our portfolio companies, and other investment firms. Her expertise includes executive search at the c-suite and board level, global recruitment and talent advisory, as well as the analysis and cultivation of leadership talent. With more than two decades of experience in recruitment and talent solutions, Wendy is committed to creating inclusive and diverse workplaces that are essential in building successful, high-performing teams. Before Sagana, she worked with multiple executive search firms and provided talent acquisition services at Oxford University Press.  Wendy is passionate about empowering businesses to reach their full potential by attracting impactful leadership and top talent. #SAGANA #ImpactInvesting #FinancialAdvisors #VentureCapital #PrivateEquity #Recruitment 

#PortfolioCompanyNews Congratulations to Ethic on reaching the remarkable #milestone of surpassing USD 5bn assets under management in Q1 of 2024!  This achievement in Ethic’s business growth journey highlights the hard work put in by its dedicated team to “harness technology, data, and storytelling to redefine value and empower clients to invest in the future they want to build.” At SAGANA, we are passionate about investing in, advising, and growing companies that are successfully solving some of the biggest challenges of our time. Seven years ago, we advised our clients to invest in Ethic, recognizing their potential to revolutionize the world of sustainable asset management. “Reflecting on this current achievement fills me with immense pride as it marks not only a significant milestone for Ethic but also a testament to the foresight and strategic decision-making of Sagana,” says Wolfgang Hafenmayer, Sagana’s Founding Partner.     For us, it’s been gratifying to witness Ethic's journey from the initial investments to its current position of success and prominence in the industry. Their unwavering commitment to innovation, sustainability, and client-centric values has propelled them from strength to strength, earning the trust and confidence of investors globally.    To all potential clients and partners, this milestone speaks volumes about the caliber of companies Sagana chooses to support. We invite you to join us in celebrating Ethic's success and explore opportunities for future collaborations. Ethic is a Sagana portfolio company.     If you would like to know about our other portfolio companies and explore how we can help you unleash the potential of your capital, connect with us at investments@sagana.com Doug Scott | Jay Lipman | Johny Mair  Aina Gaur | Raya Papp | Tamas Vincze #SAGANA #ImpactInvesting #Investing #VentureCapital #PrivateEquity #SustainableSolutions 

#PortfolioCompanyNews  Earlier this month, Cyclic Materials opened its Hub100 plant in Kingston, Ontario. This state-of-the-art plant uses its proprietary hydrometallurgical technology, REEPure™, on a commercial scale for the first time. With a design capacity to recycle 100 tonnes of magnetic material annually, Hub100 is primed to produce recycled mixed rare earth oxides (rMREO) alongside nickel and cobalt hydroxides. These outputs not only contribute to the rare earth magnet supply chain but also exemplify the company’s commitment to sustainability and resource efficiency.      Cyclic Materials is a SAGANA portfolio company.  Ahmad Ghahreman #SAGANA #ImpactInvesting #RareEarthElements #Innovation #Sustainability #CircularEconomy 

#CompanySpotlight  Meridia is an AgTech company specialized in gathering field data within complex agricultural supply chains. Its focus areas include commodities such as cocoa, coffee, palm oil, rubber, and soy, all of which involve many smallholder farmers.  Gathering accurate field data within complex agricultural supply chains in an organized and timely manner poses significant challenges in the sector. There is a need to efficiently collect information on crop yields, soil conditions, and farmer practices as it is crucial for supporting smallholder farmers and ensuring the traceability of agricultural commodities. However, the remote and decentralized nature of many farming operations, coupled with limited infrastructure and resources, can hinder data collection efforts. Meridia Verify®, the company’s flagship software as a service (SaaS) product, verifies field and physical flow data and validates regulatory compliance in real-time. Through a series of proprietary data tests, it helps companies identify “erroneous, fraudulent, and non-compliant data, and gets actionable resolutions for risk contributors.” Therefore, with Verify, companies can reduce commercial and reputational risk, minimize supply chain disruption, and accelerate evidence-based decision-making for strategic sourcing, procurement, and trade. Meridia’s work also ensures that smallholders can meet the increasingly stringent regulatory requirements. As such it helps farmers to maintain, even improve, their livelihoods by preserving their access to global markets.  The company aims to improve the “veracity of datasets driving decision-making in global agri-commodity supply chains.” In the long run, quick and accurate data will aid in building transparent and inclusive supply chains, giving small farmers equal opportunities.     Meridia is a SAGANA portfolio company.  To learn more about Meridia and their work, visit https://www.meridia.land/ Beatrice Moulianitaki | Thomas Vaassen #SAGANA #ImpactInvesting #AgTech #SupplyChain #Deforestation #SustainableSourcing #EUDR

We are thrilled to share just a few of the unforgettable moments from our recent company offsite in #Mallorca! As our team operates virtually spanning 21 cities across the globe, we spend a week together annually maximizing our face-to-face interactions without screens! Needless to say, we had an incredible time bonding, brainstorming, and building connections against the breathtaking backdrop of Mallorca’s beauty in Spain. From team-building exercises to insightful discussions, every moment was filled with enthusiasm and collaboration. The annual SAGANA offsite is a great time to observe our journey and growth every year, to see how far we have come, what we have accomplished, and how we envision our impact growing in the future. We particularly enjoyed revisiting our vision for the world we would like to build together.  Aditi Annapurna | Aina Gaur | Akash Singh | Alex Rowlett | Áoibheann Dolan | Archita Adlakha | Audrey Wong | Beatrice Crosti | Claudia Czigony | Erika Kahn | François Ritchot | Grace Melville | Jamie Oliver | Kelly Roberts-Robbins | Krishma Gajjar | 'Lamide Young | Macarena Machimbarrena | Malvika Dwivedi | Pinar Ademoglu Vatandost | Pradipta Rukmawan | Radhika Ramachandran | Raya Papp | Richa Tejasvi | Sameer Chavda | Saurabh Tak | Shivank Saxena | Shweta Poddar | Simon Thorne | Sopheakdey Sang | Sunay Gupta | Tamas Vincze | Wendy Foster | Wolfgang Hafenmayer #SAGANA #ImpactInvesting #FinancialAdvisors #MeetTheTeam #TeamBuilding #CompanyCulture 

SAGANA and Chemonics International private sector engagement practice are excited to present their new technical brief, 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗪𝗼𝗺𝗲𝗻 𝗙𝘂𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗿𝘀. This brief maps the ecosystem of support to emerging female fund managers, analyzing the challenges, opportunities, and levers to make capital allocation more gender diverse. Research shows that women-led and gender-diverse fund management teams perform better financially, generating up to 20% higher net return. Women are also building high-growth companies and solving the world’s most complex problems. Despite the higher returns and greater impact, women remain underrepresented in the investment industry with less than 3% of all #PrivateEquity and #VC capital flowing to women fund managers and even less to women-led businesses.    Raya Papp, Sagana’s Founding Partner, says the “majority of people are open to diversity, but they often don’t know where to start, don’t have the time and resources to do things differently, or are afraid of saying or doing the wrong thing.”  At Sagana, we believe investing in women unleashes untapped potential, driving innovation, economic growth, and fostering more inclusive and sustainable societies. Ensuring “diversity in every stage of the capital stack and entrepreneur journey” will help build “a future that our hearts know is possible.” Read the technical brief here https://lnkd.in/g4Kmwfwp Ayla Bitmouni | Dany Khy | B. James Soukamneuth | Kerry Dittmeier  Aditi Annapurna | Kelly Roberts-Robbins | Malvika Dwivedi | Raya Papp  #SAGANA #ImpactInvesting #GenderSmart #GenderLensInvesting #InvestInWomen #PrivateSectorEngagement #ClimateChange #HealthSystems 

Congratulations to the awardees of the Cartier Women's Initiative 2024! SAGANA’s Tamas Vincze and Erika Kahn attended the award ceremony held on May 22 in Shenzhen, China. “The platform CWI offers women entrepreneurs is unique,” says Erika. We, at Sagana, strongly believe that supporting women-led businesses is crucial for fostering economic growth, diversity, and innovation. By empowering women entrepreneurs, not only do we address gender disparities but also unlock a vast pool of untapped talent and creativity. The Cartier Women’s Initiative (#CWI) is an annual international entrepreneurship program that aims to drive change by empowering women impact entrepreneurs. The theme for the 2024 edition was 𝗙𝗼𝗿𝗰𝗲𝘀 𝗳𝗼𝗿 𝗚𝗼𝗼𝗱 recognizing the “energy, creativity, and unwavering determination to forge a brighter future” of these impactful women entrepreneurs. This year, CWI received 450 eligible applications for the Regional Awards and 160 eligible applications for the Science and Technology Pioneer Award.  Sagana is proud to have been a program partner for #CWI24.  To know more about Cartier Women’s Initiative and their work, visit here https://lnkd.in/g6_rUJS #SAGANA #ImpactInvesting #WomenEntrepreneurs #WomeninBusiness #ImpactBusiness

#MeetTheTeam  Áoibheann Dolan is an Executive Assistant at SAGANA and works closely with the Consulting and Talent Teams. She supports the teams with operational tasks and various projects across the company.  With a decade of experience in events and administration, Áoibheann’s proactive and results-driven approach enables her to understand what needs to happen behind the scenes, to ensure the smooth running of projects. She has worked with global investment and advisory firms as well as angel investor networks committed to investing in and empowering women entrepreneurs. Prior to joining Sagana, she was with a global investment and advisory financial services firm.  Beyond her professional endeavors, Áoibheann enjoys traveling and trying out new recipes. She is also passionate about supporting her local community. #SAGANA #ImpactInvesting #FinancialAdvisors #VentureCapital #PrivateEquity