Resonance Limited, a social impact property fund manager and certified B Corp, has successfully raised $1.6 million in new investment capital. This funding round underscores investor confidence in Resonance's model of creating and managing innovative social impact investment funds that deliver both financial returns and targeted social impact.
The company is dedicated to providing life-changing housing solutions for individuals and families experiencing crisis. Through its seven residential Property Funds, Resonance offers safe, affordable homes complemented by wraparound support via partnerships with expert housing providers. These funds facilitate transitions out of homelessness, with specialist initiatives like the Women in Safe Homes fund addressing housing exclusion due to domestic abuse, and the Resonance Supported Homes Fund providing long-term housing for individuals with learning disabilities and autistic people. Since 2013, Resonance's property funds have housed over 4,400 people in 1,350 homes across the UK, managing approximately £440 million across 11 impact investment funds.
This $1.6 million capital injection will enable Resonance to accelerate its strategic growth plans. The funds are earmarked for scaling its existing property funds, allowing the company to expand its capacity to provide crucial housing solutions for vulnerable groups. Additionally, the investment will support the development of new impact initiatives and enhance its advisory services, which assist social enterprises in growing their impact and raising capital.
The successful securing of this investment capital positions Resonance Limited to further its mission of addressing critical social needs through sustainable financial models. The company aims to deepen its impact, expand its reach, and continue its work in revitalizing communities and building long-term social value across the UK.
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