Impact and Sustainability Focus

Investing in the Future of Human Potential

At Learn Capital, we believe that learning is the engine of human advancement—and that access to knowledge, skills, and opportunity is the foundation of a thriving society. We invest in ventures that expand what people can know, do, and become. From early childhood to workforce transitions, our portfolio companies help individuals unlock their full potential, while generating meaningful economic and social returns.

For over 15 years, we’ve backed transformative companies that increase educational access, improve quality, and deliver tangible gains in mobility, well-being, and productivity. Our goal is not simply to fund innovation—but to ensure it drives measurable, lasting outcomes in human capital development.

Why Rigorous Impact Practices Matter—to Us and Our Investors

Our investors care deeply about both outcomes and returns. That’s why Learn Capital has made impact measurement a core part of our venture process—not an afterthought or parallel exercise.

We’ve found that:

• Impact drives value: Startups that improve access and quality at scale tend to deliver stronger growth and retention.
• Evidence reduces risk: Clear metrics help us identify high-leverage models and de-risk early-stage bets.
• Transparency builds trust: Our partners rely on us to track and report outcomes with the same rigor we apply to financials.

A disciplined impact approach helps us make better investment decisions, support portfolio companies more effectively, and demonstrate progress against shared goals. In a world where human capital gaps are widening, we see impact management as a core responsibility—and a source of strategic advantage.

How We Drive and Measure Impact Across the Investment Lifecycle

Learn Capital has built a best-in-class impact practice that aligns incentives, guides decision-making, and surfaces actionable insights across our global portfolio. Our approach is structured across three levels:

1. Embedded Diligence and Deal Selection

Every company we back must demonstrate a clear path to meaningful improvements in learning access, quality, or economic mobility. Our diligence process includes:

• An articulated impact thesis at investment
• Performance benchmarks on access, cost, quality, or skill outcomes
• Alignment with global human capital needs across education, employment, and well-being

2. Strategic Support and Evidence Building

Once in the portfolio, we help ventures:

• Design and refine outcomes metrics aligned to their product goals
• Connect with leading evaluators and research partners
• Build their internal capacity to collect, analyze, and communicate impact

3. Ongoing Tracking and Portfolio Reporting

We provide real-time impact visibility through our proprietary Outcomes Engine, which includes:

• Company- and portfolio-level dashboards
• Segmented insights by geography, demographic, and intervention type
• Comparative benchmarks and data exports for LP reporting

At the core of our methodology is the Learning Impact Index (LIX)—a framework we developed to assess how each company contributes to:

• Direct learning and earnings outcomes
• Pathway creation and barrier reduction
• System-level efficiency and cost-effectiveness

The LIX helps us understand and communicate how capital translates into capability—and how ventures scale both purpose and performance.