Innovating for Impact
Our commitment: Drive innovation that improves the world
We’re actively exploring opportunities to diversify our portfolio and brand into new industries. FutureFocus 2034 is our bold plan for growth, diversification and innovation, all aimed at fulfilling our Purpose: to empower people today to build a better future for the next generation.
Since 2007, we have invested more than $2 billion in sustainable businesses and technologies that we believe are helping enable innovations that can unlock a healthier, more sustainable future.
Download our 2023-2024 Collective Impact Report to learn more about the ways we support innovations for impact.
2023-2024 Highlights
- Announced the launch of Socium Ventures to invest in and support tech businesses enhancing transparency, efficiency and operational diversity
- Acquired OpenGov, a leader in modern cloud software for our nation’s local and state agencies
- Invested in Amplify, the Edtech pioneer leading the way in next-generation curriculum and assessments in literacy, math and science
- Co-founded the Cox Cleantech Accelerator in partnership with gener8tor, a bi-annual 12-week program that invests $100,000 in five startups per cohort
- Invested $100 million in Devoted, an all-in-one healthcare company for Medicare recipients
Launching Cox Farms
Our initial investment in greenhouse grown agriculture in 2018 laid the groundwork for Cox Farms, which today is revolutionizing agriculture as the largest greenhouse operator in North America. Cox Farms brings enterprise leadership to indoor agriculture, driving more secure supply, better value and innovation for consumers, retailers and growers — all while respecting the strengths and heritage of our partners, Mucci Farms and BrightFarms.
Cox Farms’ strategy is very simple: We want to be the ‘one-stop shop’ for essential produce products, available year-round. By reducing our reliance on unpredictable weather patterns, we build resilience into our operations, ensuring consistent, high-quality produce for our customers.
Investing in Innovation
We believe in investing in the technologies and companies of the future that offer long-term, sustainable growth potential. Our growth operations are focused on the following areas:
- Cleantech: Sustainable businesses and clean technologies that create lasting environmental impact
- Public sector: Modern technology to solve public sector challenges in government and education
- Digital media: High-growth and primarily digital industries while deepening our roots in local journalism
- Venture ecosystem: Accelerator programs and sources of funding for purpose-led startups
