Our Capital
14 years of patient capital in New England
Since 2011, the Flexible Capital Fund has deployed revenue-based financing and other innovative structures to growing enterprises across New England.
Fund 1
Our first fund launched with the vision that there was a better way to finance growing companies that were putting food on our plates, creating living wage jobs and preserving our working lands in New England.
0
Investments in 25 companies
$0M
Capital deployed
0×
Leverage ratio
$0M+
Local purchasing facilitated
Leverage ratio: for every $1 invested, our companies were able to leverage an additional $35 of investment.
Fund 2
Building on more than a decade of learnings from Fund 1, our second fund expands our geographic reach and deepens our integrated capital approach — combining revenue based financing with technical assistance and mentoring to support enterprises across all of New England.
Women-led
100% women fund managers, ~55% women investors, 4 of 5 board positions held by women
Only RBF-focused CDFI
The only revenue based financing focused CDFI in New England
Expanded geography
Deploying across all of New England
Recognized impact
Named to Transformative 25 Funds of 2021
Our philosophy
We invest in people, not companies — backing founders with deep roots in their communities, providing capital that flexes with the realities of rural businesses.
Across both funds, our approach has remained consistent: patient capital for enterprises built to last, not oriented toward rapid exits.
From our investors
A different kind of return
The Vermont Community Foundation invests in the Flexible Capital Fund as part of its mission investing work. In this film, the Foundation and two of our portfolio companies, Glavel and Up End This, show what that capital is making possible in Vermont communities.
Film by the Vermont Community Foundation, October 2026.
Learn more about Fund 2
Fund 2 continues our mission of providing patient, flexible capital to growth-stage enterprises building resilient rural economies across New England. To learn more about our work and investing, get in touch.
This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any such offer is made solely to qualified investors through formal offering documents.