Thank You for 2022! Here's to a Bolder 2023!
By Eric Letsinger, CEO
Another big year at Quantified Ventures! I always appreciate the opportunity to look back and reflect on the year that was, which started with some motivating awards from the likes of the EPA and Environmental Finance.
We think about our work in three categories:
What’s working? Let’s double down on it.
What’s adjacent to our successes? Let’s invest in some of these new areas.
What’s on the horizon? Let’s get smart on a few of these now.
Doubling Down
Our Forestry and Land Use work has broadened into more long-term partnerships with organizations like the U.S. Forest Service, REI, RK Mellon, and the US Endowment. In the past year we were proud to work with a number of partners to advance notable forestry and outdoor recreation economy initiatives like the Velomont Trail System, the Maine Woods Exemplary Forestry Investment Fund, Ohio’s Baileys Trail System, and Reforestation of legacy mine land in Appalachia.
Our Health and Human Services work that brings together Medicaid health plans and community-based organizations to structure value-based arrangements that improve health equity and health outcomes grew again. The first-of-its-kind Health Outcomes Fund we built with Humana and Volunteers of America commits significant capital to support programs that help mothers with substance use disorder. And in New Orleans, we honed in on novel techniques to interrupt and prevent violence.
Our Colorado River Basin Water Scarcity Challenge represents the sixth of our outcomes-based challenges in regions around the country. Through this challenge, we’re working on three projects across the basin to design, finance, and scale investible, cost-effective solutions that deliver beneficial outcomes for ecosystems and communities.
New Areas of Investment
Our water infrastructure financing, work at the nexus of water and health, and State Revolving Fund solutions came to the fore during 2022. We launched the SRF Academy, built upon our SRF services, and created SRF watershed coordinator positions in multiple regions around the country to connect underserved communities, watershed groups, and conservation organizations with low-cost public financing for nature-based solutions.
Through our Solution Studio process, QV launched several new initiatives in 2022, including:
Dorvie, a new tech venture developed with a group of senior living communities to provide curated collections of home services from trusted providers to enable adults who want to stay in their home as they age to remain independent and socially connected;
Earth Recovery Partners, led by George Kelly to mobilize enterprises and projects to solve the world’s environmental problems; and
The LeadingAge Solution Studio to collaboratively develop the next generation of aging services sector solutions.
We welcomed 11 new team members in 2022. People are at the core of our business, and we are thrilled to add so many high quality QVers to our roster.
On The Horizon
The Bipartisan Infrastructure Law and Inflation Reduction Act represent massive opportunities for outcomes-based financing solutions...both to expand our existing models and to apply them in new sectors. These opportunities are paving the way for new partnerships and creativity in 2023 and beyond.
We are hiring for several positions to ensure we continue to build our capacity to meet the needs of today and are appropriately resourced to work with our partners to create a brighter tomorrow.
Our joint venture with LeadingAge will launch multiple Solution Studio cohorts in early 2023. Through this partnership, we’re leveraging our proven Solution Studio process that collaboratively designs, market-tests, capitalizes and deploys high-impact, scalable and investable solutions to the most vexing challenges faced by nonprofit aging service providers.
A big thank you to all our clients, team members, partners, and changemakers who join us in shaping the future we all want to see. Here’s to a bolder 2023!
Eric Letsinger
Founder and CEO