Impact Highlights of 2024

Fund size

Fund Size Fund I - Cooperative Social Impact Ventures NL

€ 40.6 mln

Fund Size Fund II - Rubio Impact Fund II Cooperative

€ 110 mln

Impact targets

Overall Rubio impact target at Fund I level

222%

17% growth versus 2023

Overall Rubio impact target at Fund II level

27%

9,5% growth versus 2023

Impact KPIs monitored at Fund I

10

Impact KPIs monitored at Fund II

48

Portfolio Partners

Total active portfolio partners in Fund I

7

Total active portfolio partners in Fund II

28

New investments in 2024

7

Responsible exits in 2024

1

Jobs created through our portfolio partners

3,380

Gender diversity at Rubio portfolio

31%

has female founders (+7% versus 2023)

50%

has female leadership (+25% versus 2023)

Team Rubio

The Rubio team consists

13

true, eager and bright people

6

nationalities (Turkish, Hungarian, Greek, South African, Australian and Dutch)

Gender diversity at team Rubio

50%

is female

60%

of the Rubio Investment Committee is female

Meet the team

The people behind the numbers

With varied backgrounds and nationalities, including Turkish, Hungarian, Greek, South African, Australian and Dutch, we’re hands-on investment partners with self-proclaimed (but proven) super-powers. 😉 While our backgrounds are varied, we’re driven by the same vision and DNA: to create positive social impact through business, and accelerating the impact investment industry by being true, eager and bright.

What’s new in 2024?

Measuring impact should be as rigorous as measuring financial returns. That’s why this year’s Impact Report introduces new ways to quantify and verify the change we help create.

🔍 Attribution: measuring Rubio’s role in impact
For the first time, we report on attribution, quantifying how much of our portfolio’s impact is directly linked to Rubio’s role as an investor. By prorating impact based on our equity stake, we create a new level of transparency in impact investing.

🧐 Ensuring accountability with our first impact audit
We launched an independent impact audit on our Fund 1 portfolio to verify and refine our reporting. The first results, expected in 2025, will strengthen the integrity of our impact data.

🔬 Beyond individual wins: investing in systemic change
Scaling solutions is important, but shifting entire systems is even more powerful. Our research into efficacy, efficiency, and systemic impact is already shaping investment decisions for greater long-term change.

🚀 Refining our methodology to measure what matters
We continuously improve how we assess and report impact. This year’s refinements ensure our measurement framework remains ambitious and aligned with the entrepreneurs we support.