The Investors’ Circle Patient Capital Collaborative (PCC) has closed its most recent fund, bringing the total capital under management to $12 million. The PCC series of funds invest in early-stage, high-growth companies that are improving quality of life, alleviating poverty and transitioning us to a more sustainable economy. To address these core impact themes, the PCC funds focus on healthcare, education, alternative energy, and software platforms that target social and/or environmental challenges. To date, the PCC funds have invested in 27 companies that have benefited over 3.5 million people across the US.

In addition to closing the most recent fund in July, PCC invested in BoardOnTrack, a Boston-based, SaaS company that builds better non-profit boards through a combination of expertise, training, and powerful web-based tools. The company focuses on improving the productivity and performance of boards, by hosting paperless meetings and providing on-demand expertise, accountability, and benchmarking. Says Marci Cornell-Feist, founder & CEO,

“We are thrilled to have the Patient Capital Collaborative joining our team of investors and believe they will be a real asset. The investment will give BoardOnTrack a real boost and support our rapid scaling.”

Sky Lance, a Managing Principal of the PCC fund, will be joining BoardOnTrack as a board observer. He shares, “We were introduced to BoardOnTrack by the CEO of another PCC portfolio company. Through her service on the non-profit board of a charter school, she became an enthusiastic user of BoardOnTrack tools. Upon review, we were impressed by the deep domain expertise of Marci and her team, the good market traction achieved, and the company’s highly scalable business model in what is a growing market.” BoardOnTrack is currently used by over 140 charter school boards, which oversee 190 schools and ultimately benefit over 260,000 students. If you are on the board of a charter school and want to learn more about the company and its product, reach out to Justin Desrosiers, IC Director of Investments and PCC Principal.

Other recent PCC portfolio companies include TransLoc and United By Blue. TransLoc is a Durham, North Carolina-based company that improves the mass transit experience while also reducing CO2 emissions. It provides transit technology to over 140 municipal transit agencies and universities across the US and over 700,000 mass transit riders use the TransLoc app. United by Blue is a sustainable brand of outdoor lifestyle apparel with a focus on conservation. The company has removed 307,284 pounds of trash from oceans and waters from 154 cleanups across the US.

The PCC team finds investable deals at IC pitch events and will be at the next national Beyond the Pitch event in San Francisco on September 13. Learn more and register here.