As a company, we are committed to the ‘double bottom line’ principle, which measures both traditional financial return on investment and also measures social return on investment. This model ensures that, as a business, we remain dedicated to our core value of doing well by doing good.
To craft our impact goals, we drew inspiration from the United Nations Sustainable Development Goals, in particular Goal No.11, which envisions a world in which cities are inclusive, safe, and sustainable. For each goal, we select clear indicators, establish neighborhood-specific targets, and collect data using member surveys and proprietary platforms. This model is based on international standards and was developed under the guidance of the Bridges Israel Impact Fund.
Published just a year after the company’s founding, the Venn 2018 Impact Report is a testament to our focus and dedication to impact work from day one.
The 2019 semi-annual report was published shortly after we finalized our series A financing and highlights the central importance of impact work in our product and business model.