Nicola Goodwin

01 — City Light Capital

Giving an impact fund the authority its track record had earned

    RoleCreative direction & design
    Years2021–2025
    ScopeImpact reports, decks, website
    FundsImpact Ventures III & IV
The 2023 Annual Impact Report cover open on a tablet, held in someone's hands
The cover2023 Annual Impact Report, Impact Ventures IV. The linework runs across the photograph, so the system and the image are one surface.

An impact fund whose brand was different enough to read as unserious. Four years of reports, decks and web that made it look established without making it look like everyone else.

Table of contents
Cross-fund impact: problems versus solutions, set in navy and yellow
Our Team
How We Measure: screening, introduction, due diligence, impact pro-forma, side letter and continuous tracking
Our Portfolio section opener with a hexagon grid of company logos
Our Story
Affect Therapeutics portfolio company page with key metrics
Our Impact Approach

The 2023 reportImpact Ventures IV: contents, story, team, approach, measurement and portfolio pages, all on one system.

01Brief

The problem

City Light invests only in companies working on healthcare, education and climate. That is a real difference in a field where most firms are interchangeable, and their brand did reflect it — bright color, unusual geometry, nothing like the navy-and-serif uniform of finance.

The trouble was that it read as unserious. Beside the firms they were raising alongside, the brand undersold them. Someone deciding where to place capital was being asked to take a chance on a firm whose materials looked lighter than its track record.

The brief, unofficially, was to make them look established without making them look like everyone else.

02Solution

The solution

Moving the report off the web

The annual impact report had been living as a poorly functioning web page, and one that was a challenge for the team to maintain. Moving it to a designed PDF follows how these documents are actually used — forwarded, annotated, read on a plane, pulled up in a meeting. It is the industry standard for that reason, and it gives the report the authority of a document an investor keeps.

A serif, but not that serif

Typography is where the credibility had to come from. The expected move was the classic finance look, but it would have erased exactly what made City Light worth backing. The face carries weight and a certain grandeur while staying modern, so the firm reads as substantial without reading as conventional.

The data was the real design problem

Finance is literal, and in plenty of places it has to be. But an impact report is a story about where money went and what it did, and the story needed room to come through.

I went through every fund and portfolio company, took in everything they gave me, and distilled it to what carried the story. Then I laid it out for how it gets read — which is not front to back. Most readers of these documents come looking for one specific thing. So a running tab bar sits at the head of every page and marks where you are, the figures resolve at a glance, and the argument is still intact for anyone who reads the whole thing.

Scannable, in other words, without being thin.

Modernizing around the mark

City Light kept its existing mark, a shaded, three-dimensional logo. I built a flat isometric system around it — hexagons and linework that pick up the logo’s geometry and resolve it into something current.

The team was unsure at first, a flat system beside a dimensional logo is an unusual pairing. I made the case that the contrast was the point, carrying the brand forward while the logo stayed recognizable. The hexagons became the part of the system they valued most.

Cross-fund SDG mapping sunburst for all City Light portfolio companies
SDG mapping sunburst for Impact Ventures IV and City Spark 2.0
Education section opener with a hexagon grid of portfolio company logos

The dataEvery portfolio company mapped by goal and theme, per fund and across all funds.

How they make money is how they have impact.
Pages from the City Light and City Spark websites: City Spark’s home, the City Light home page, the City Spark companies in a hexagon grid, and the City Light portfolio
The websiteCity Light and its City Spark program on the web, in the same navy, yellow and hexagons as the reports.
The City Light home page before: City Light invests early in impactful companies, in heavy capitals beside the dimensional logo, over a photograph of wind turbines
BeforeThe home page in January 2022
The City Light home page after: We invest early in impactful companies, in yellow serif on navy, beside photographs from the portfolio
AfterThe same message, in the system from the reports
The City Light home page on a phone, from the top: we invest early in impactful companies, the areas of focus, the beliefs behind them and the portfolio
The City Spark companies page on a phone: more than a hundred portfolio companies in a hexagon grid, filtered by sector, then the companies in the news
On a phoneThe City Light home page, and the City Spark companies in their hexagon grid.

Four years, two funds

Two funds, successive annual reports, investor decks and web. I worked as a contractor, directly with the SVP of Operations, and decisions were made together — the isometric system is a fair picture of how it went: I made the case, they tested it, and we landed somewhere better than either starting position.

Next

OneThread — a brand and its sub-brands, built from the name outward.

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