Arctaris Impact Investors: Financial Innovation. Community Impact.

Arctaris Impact invests to revitalize challenged communities, improve quality of life, and build sustainable futures by creating economic, social, and environmental impact.

BOSTON–(BUSINESS WIRE)–Arctaris Impact Investors, LLC, a Boston based impact investment firm that supports revitalization projects in underserved communities, is proud to present the Arctaris Annual Impact Report: Financial Innovation. Community Impact. This report showcases the Firm’s ability to continue to find innovative ways to deploy capital that create real impact in communities and attractive returns for investors.

“While changes occur in our communities, our economy, and beyond, Arctaris continues to find innovative ways to provide value to communities across the country. Throughout the report, you will see diverse ways in which Arctaris has found creative ways to deliver value,” explains Arctaris Impact’s Managing Partner, Jonathan Tower.

In 2023, the Arctaris portfolio encompassed investments that increase high-speed broadband access, build new affordable housing, and support historically under-resourced entrepreneurs. These investments are anchored by the Firm’s unique approach to public-private partnership, which combines private capital with public and/or philanthropic funds to deliver impact while targeting attractive returns.

Arctaris is proud of the social, environmental, and economic impact of its investment portfolio. In 2023, the total number of jobs in the Arctaris portfolio rose 8% to 2,169.1 The total number of homes and businesses with access to high-speed broadband via the Arctaris Broadband Company increased 292% to 4,701, and installed solar capacity increased 13% to 58.3 megawatts.2

During the year Arctaris also completed three New Market Tax Credit (NMTC) transactions totaling $14M, launched two new Place-Based Programs (in Lima, OH and the State of Rhode Island), and celebrated the completion of construction at projects in Washington, D.C. and Rangeley, ME. Arctaris opened a new headquarters in Wellesley Hills, MA.

The Firm has maintained a longstanding partnership with the Initiative for a Competitive Inner City (ICIC), a non-profit research firm founded by Harvard Business School professor Michael Porter, to measure, track, and communicate the impact data of the Firm’s investments to its stakeholders. With ICIC’s partnership, the 2023 Impact Report highlights Arctaris Impact’s work in three different communities with case studies in Lima, OH, CO (statewide), and Baltimore, MD. These case studies show the Arctaris Place-Based Program in action at three different stages: at the very start of the partnership, after a few investments have been made, and after years of Arctaris Impact’s presence and investment.

Arctaris remains steadfast in its commitment to catalyzing positive change through impactful investments.

For more information on Arctaris and its initiatives, please visit

The full 2023 Arctaris Impact Report can be found here.

About Arctaris Impact Investors, LLC

Arctaris Impact Investors, LLC is a Boston-based impact investment firm with experience spanning more than 14 years. The firm manages funds which invest in growth-oriented operating businesses and community infrastructure projects located in underserved communities. Founded in 2009, Arctaris has partnered with the Kresge Foundation, Harvard Business School Professor Michael Porter’s Initiative for a Competitive Inner City, and multiple other foundation, federal and state government agencies to invest in Opportunity Zones, inner cities and targeted rural communities throughout the U.S., with the aim of delivering above-market investment returns alongside positive social impact. For more information visit or for press inquiries contact

Legal Disclaimer Certain information contained in this press release constitutes forward-looking statements. These statements reflect prevailing conditions and our best business judgment as of the date of issuance. As a result, actual results may vary from the projections and it should not be relied upon as investment advice.

1 Arctaris Impact Survey 2023.

2 Arctaris Impact Survey 2023.