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Acumen Made Patience an Investment Strategy
For 25 years, Acumen has financed the awkward stretch between a promising idea and a market that works - pairing risk-tolerant capital with leaders willing to build for communities most investors overlook.
Cotopaxi
Cotopaxi is a Salt Lake City outdoor gear and apparel brand built as a certified B Corporation around the promise of 'Gear for Good.' Founded in 2014 by Davis Smith, it makes colorful, durable backpacks, travel packs and jackets - including the one-of-a-kind Del Día packs sewn from remnant fabric - and channels 1% of revenue into the Cotopaxi Foundation to fight extreme poverty, largely in Latin America. Selling direct-to-consumer, through wholesale partners and a growing base of retail stores, Cotopaxi has grown past $150M in annual revenue while positioning purpose as central to the business rather than an afterthought.