Impact America Fund

Impact America Fund (IAF), based in Oakland, California, is a pioneering venture capital firm dedicated to fostering social impact through technology investments. Established with a clear mission, IAF focuses on funding market opportunities that leverage technological innovation to significantly enhance the lives of "New Majority Americans"—a term they use to encompass people of color, women, and low-to-moderate income individuals. This targeted approach underscores their commitment to addressing systemic inequities and promoting economic empowerment within underserved communities across the United States.

IAF's investment strategy is centered on early-stage companies, primarily at the Seed and Series A stages, that are developing technology-driven solutions. Their portfolio spans critical sectors such as financial inclusion, the future of work, health and wellness, and community empowerment. By investing in these areas, IAF aims to support scalable businesses that not only generate financial returns but also create measurable positive social change. The firm's unique value proposition extends beyond capital, offering strategic guidance and network access to its portfolio companies, helping them navigate growth and maximize their impact.

Since its inception, Impact America Fund has demonstrated a consistent growth in its capital base and investment reach. The firm successfully raised its first fund, Fund I, totaling $10 million, which was deployed to support its initial cohort of impact-driven startups. Building on this success, IAF launched its second fund, Fund II, in 2020, significantly expanding its capacity with $25 million in committed capital. This increased funding allows IAF to make initial investments typically ranging from $500,000 to $1.5 million, enabling them to provide substantial early-stage support to promising ventures. With over 50 investments to date, IAF has established itself as a significant player in the impact investing landscape, actively shaping a more equitable future through its strategic capital deployment.