Paul Sizemore, Elizabeth Rounsvall and Gibbs Rounsvall | Photo by Access Ventures

Paul Sizemore and Elizabeth Rounsavall in front of Gibbs Rounsavall’s Access Ventures-backed public art | Photo by Access Ventures

Access Ventures, a 501(c)(3) impact investment group that provides capital to mission-aligned businesses, has been named a “Best for the World Fund” and will be featured in the Winter issue of B Magazine. Best for the World Funds include investments groups that have completed the rigorous Global Impact Investment Rating, which is a verification of the fund’s investment impact administered by the independent nonprofit B Lab.

Access Ventures is one of only 50 funds globally that will be named to the Best of the World Fund list at an event in Amsterdam this week.

The rating “is critical to satisfying the market’s need to compare and benchmark a fund’s portfolio impact performance,” according to a news release. “Thus, Access Ventures has demonstrated leadership in the quest to achieve credibility for impact investing across asset classes.”

Managing Director Bryce Butler explains that to be certified by the GIIR, all of the equity-backed companies in the Access Ventures portfolio had to be evaluated and scored for their impacts. Butler called the rating “a common taxonomy for businesses to use to measure beneficial impact.”

The group’s portfolio leans heavily on businesses and organizations based in Shelby Park including MobileServe, Good Folks Coffee, Scarlet’s Bakery, a number of public art projects and The Park co-working space, which was just named one of the 50 coolest co-working spaces in the U.S. by Paste Magazine.

Not all of the Access Ventures portfolio is Shelby Park-adjacent. Last year, it led a $700,000 investment in Phoenix-based Virtuous Software, which makes a customer relationship management tool for charities.

The 50 GIIRS-rated Best for the World Funds account for more than 3 billion in capital that will be invested in companies across all areas of social and environmental impact, according to the news release.

Village Capital and Kiva are among the investment partners of Access Ventures.

B Magazine reports on creative corporate visionaries, pioneering companies, groundbreaking products, and cutting-edge ideas all of which take into account social and environmental good.