Wash Cycle Laundry Expands to Boston

Wash Cycle Laundry is a commercial laundry service that provides second-chance employment for vulnerable adults in Boston, Philadelphia and Washington DC. The company relies on high-efficiency washers and driers and delivers laundry by bike-saving thousands of gallons of water a year as well as fuel. In 2017, BII Fund made an equity investment to support the company’s expansion to the Boston metro area.

 

Democracy Brewing Offers DPO Shares

Democracy Brewing is a start-up worker-owned brewery and pub committed to providing great beer and hosting community conversations about democratic ideals of liberty, justice and equal opportunity. As a cooperative, the business creates the opportunity for all its workers to enjoy the profit and pride that comes with ownership. The Brewery will open its doors at 35 Temple Place in March 2018. In 2017, BII Fund purchased Direct Public Offering shares.

 

Done Good Activates Consumer Power

DoneGood, a certified B Corp, is an app and browser extension that harnesses consumer purchasing as a force for change, helping consumers discover vetted companies with ethical practices across eight categories: Go Green, Give Back, Support Workers, Nontoxic, Made in USA, Cruelty Free, Organic, and Diversity. BII Fund made a convertible debt investment to support the platform in its efforts to redirect consumer dollars toward businesses owned by people of color and women.