Black Opal Ventures is excited to announce that we've been selected to The ImpactAssets 50 2025 as an Emerging Impact Manager! This recognition by ImpactAssets is a testament to the Black Opal Ventures thesis and vision.
Black Opal Ventures is a visionary technology venture capital firm co-founded by managing directors Dr. Tara Bishop and Eileen Tanghal. The firm’s mission is to invest in startups that harness the power of technology for good to solve some of the world’s most pressing problems. The firm’s inaugural fund aims to improve health outcomes for all by investing in companies at the collision of healthcare and technology. The firm's mission is to create a more inclusive venture capital ecosystem that invests in companies using technology to solve the world's biggest problems.
Black Opal is looking to invest in companies that are applying technology used in the surveillance economy to healthcare to improve outcomes for all. In 2019, while working at In-Q-Tel, Eileen saw many companies selling to the government that had applicability in healthcare that struggled to navigate the market. With a strong focus on impact, our team supports companies in building a diverse team and utilizing infrastructure from other industries. As members of minority Asian groups (Filipino and Sri Lankan) and being a female-led firm, our portfolio companies benefit from unique networks that enable diverse perspectives at the most important company-building stages.
“As impact investing continues its march into the financial mainstream, the IA 50 has become a powerful barometer of industry maturation and the most respected recognition in our sector. The scale, growth and credibility of this year’s IA 50 managers demonstrate that impact investing is not only thriving, it is becoming an undeniable force in the market,” said Margret Trilli, CEO and Chief Investment Officer, ImpactAssets.
IA 50 DESCRIPTION
The ImpactAssets 50™ (IA 50) is the definitive guide to impact investing fund managers globally. The publicly available database is composed of experienced and emerging private debt and equity impact investment fund managers committed to generating positive impact. The IA 50 provides a gateway into the world of impact investing for investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment options. The IA 50 is intended to illustrate the breadth of impact investment fund managers operating today. Firms have been selected to demonstrate a wide range of impact investing activities across geographies, sectors and asset classes. The IA 50 is not an index or investable platform and does not constitute an offering or solicitation to buy or sell securities or a private placement, or recommend specific products. Nor is this an endorsement of any of the listed fund managers. It is not a replacement for due diligence. Additional details on the selection process are available here. The IA 50 Emerging Impact Managers list is intended to spotlight newer fund managers to watch that demonstrate potential to create meaningful impact. Criteria such as minimum track record or minimum assets under management may not be applicable.
IMPACTASSETS DESCRIPTION
ImpactAssets is an impact investing trailblazer, dedicated to changing the trajectory of our planet’s future and improving the lives of all people. We empower impact investors and philanthropists with access to investing opportunities and customized solutions that promote positive change. ImpactAssets has more than $3 billion in assets, working with purpose-driven individuals and their wealth managers, family offices, foundations and corporations. ImpactAssets is an independent 501(c)(3) organization.