Investment Guidelines

Industry and Sector Focus:  Cleantech and sustainability, business services, and Web-enhanced services.  Areas of focus and expertise include but are not limited to the following:

  • Energy efficiency, demand reduction, building automation, and smart grid technologies
  • Clean energy – solar, wind, geothermal, biomass
  • Value-added recycling, including electronics, specialty materials, and organics
  • Technology-enhanced business services
  • Healthcare IT
  • Digital media and marketing services
  • Healthy, organic, and sustainable consumer products
  • Water and waste water technologies and services
  • Enterprise software for energy and capacity management

Stage:  Companies with strong customer validation, typically generating more than $1 million in annual revenue.

Investment Size:  $1 MM to $2MM initially, with up to $4 million per portfolio company.  SJF will lead or participate in syndicate rounds with limited partners and co-investors for larger financings up to $10MM.

 Geographic Focus:  Throughout the United States.

Management Teams:  Deep domain expertise in their respective industries and an interest in contributing to a positive impact.

Capital Efficiency:  Businesses that require less than $10 million over the life of the company in order to reach profitability and rapid sales growth; additional capital optional to further accelerate growth.