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Khosla Impact

North America, California, United States, Menlo Park

Description

Khosla Impact is a distinct venture capital entity operating under the broader Khosla Ventures umbrella, specifically dedicated to investing in market-based solutions that address significant economic development challenges in emerging and frontier markets. Based in Menlo Park, California, the firm distinguishes itself by seeking out scalable, for-profit businesses that can deliver both strong financial returns and measurable social or environmental impact. Their investment thesis centers on the belief that entrepreneurial innovation, rather than traditional aid, offers the most sustainable path to improving lives in underserved communities globally.

The firm's investment strategy spans a range of critical sectors, including financial inclusion, clean energy, healthcare, education, and agriculture. Khosla Impact looks for companies that leverage technology and innovative business models to serve low-income populations, often focusing on areas where access to essential services is limited. They are particularly interested in ventures that can demonstrate a clear path to profitability while simultaneously creating significant positive externalities, such as increasing energy access, improving health outcomes, or fostering economic empowerment.

Khosla Impact typically invests in early-stage companies, from Seed to Series A rounds, and occasionally participates in Series B. While specific first check sizes can vary depending on the opportunity and syndication, the firm generally targets initial investments ranging from approximately $500,000 to $5 million. This capital is often deployed as part of larger funding rounds, reflecting their collaborative approach with co-investors who share their vision for impact. The firm notably raised a dedicated $50 million fund in 2012 to support its mission, underscoring its commitment to this specialized investment area. Their portfolio companies often exhibit strong growth potential and a deep understanding of the local market dynamics in the regions they serve.

Investor Profile

Khosla Impact has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 22% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Series C rounds (top funding stages).
  • Majority of deals are located in United States, India, Kenya.
  • Strong thematic focus on Financial Services, Finance, Apps.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series A (48%)
  • Series Unknown (17%)
  • Series C (13%)
  • Series B (9%)
  • Pre Seed (4%)
  • Seed (4%)
  • Series D (4%)

Country Focus

  • United States (35%)
  • India (30%)
  • Kenya (17%)
  • United Kingdom (13%)
  • Singapore (4%)

Industry Focus

  • Financial Services
  • Finance
  • Apps
  • Energy
  • Solar
  • Information Technology
  • Fintech
  • Renewable Energy
  • Software
  • Electrical Distribution
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Khosla Impact frequently co-invest with?

Quona Capital
North America, District of Columbia, United States, Washington
Co-Investments: 3
CRE Venture Capital
North America, New York, United States, New York
Co-Investments: 2
500 Global
North America, California, United States, San Francisco
Co-Investments: 2
Michael & Susan Dell Foundation
North America, Texas, United States, Austin
Co-Investments: 2
DOEN Participaties
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2
MacKinnon, Bennett & Company
North America, Quebec, Canada, Montréal
Co-Investments: 2
Schneider Electric
Europe, Ile-de-France, France, Rueil-malmaison
Co-Investments: 2
Bamboo Capital Partners
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 2
Better Ventures
North America, California, United States, Oakland
Co-Investments: 2
Omidyar Network
North America, California, United States, Redwood City
Co-Investments: 5

Which angels does Khosla Impact often collaborate with?

KM
North America, California, United States, San Francisco
Shared Deals: 1
Kris Gopalakrishnan
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
BS
North America, California, United States, San Francisco
Shared Deals: 1
Saurabh Nanavati
Asia, Maharashtra, India, Mumbai
Shared Deals: 1

What are some of recent deals done by Khosla Impact?

Neogrowth

Mumbai, Maharashtra, India

NeoGrowth is a non-deposit, NBFC registered with RBI that provides short-term business loans to merchants.

Business DevelopmentFinanceFinancial ServicesMarket Research
Series DDec 15, 2022
Amount Raised: $36,206,503
Smile ID (formerly Smile Identity)

Oakland, California, United States

Africa's leading identity verification solution, remotely verify IDs in seconds while staying compliant and preventing fraud at scale.

AppsFinancial ServicesFraud DetectionIdentity ManagementInformation TechnologySaaSSoftware
Series AJul 8, 2021
Amount Raised: $7,000,000
iMerit

San Jose, California, United States

iMerit provides AI data solutions across computer vision and natural language processing for AI developers.

AnalyticsArtificial Intelligence (AI)Computer VisionCrowdsourcingCustomer ServiceData Collection and LabelingImage RecognitionMachine LearningNatural Language Processing
Series BFeb 18, 2020
Amount Raised: $20,000,000
Smile ID (formerly Smile Identity)

Oakland, California, United States

Africa's leading identity verification solution, remotely verify IDs in seconds while staying compliant and preventing fraud at scale.

AppsFinancial ServicesFraud DetectionIdentity ManagementInformation TechnologySaaSSoftware
Pre SeedMay 1, 2017
Bboxx

London, England, United Kingdom

Bboxx manufactures plug and play solar systems.

Electrical DistributionEnergyEnergy ManagementRenewable EnergySolar
Series CAug 30, 2016
Amount Raised: $20,000,000
Neogrowth

Mumbai, Maharashtra, India

NeoGrowth is a non-deposit, NBFC registered with RBI that provides short-term business loans to merchants.

Business DevelopmentFinanceFinancial ServicesMarket Research
Series CJul 4, 2016
Amount Raised: $35,000,000
Branch International

San Francisco, California, United States

Branch offers mobile financial services across emerging markets to spur human potential.

AppsFinanceFinancial ServicesFinTech
Series AMar 30, 2016
Amount Raised: $9,200,000
SunFunder

Nairobi, Nairobi Area, Kenya

SunFunder is a fund manager and intermediary for solar energy investments.

Asset ManagementEnergyFinanceFinancial ServicesSolar
Series BDec 22, 2015
Amount Raised: $3,800,000
Bboxx

London, England, United Kingdom

Bboxx manufactures plug and play solar systems.

Electrical DistributionEnergyEnergy ManagementRenewable EnergySolar
Series UnknownDec 18, 2015
Amount Raised: $15,000,000
iMerit

San Jose, California, United States

iMerit provides AI data solutions across computer vision and natural language processing for AI developers.

AnalyticsArtificial Intelligence (AI)Computer VisionCrowdsourcingCustomer ServiceData Collection and LabelingImage RecognitionMachine LearningNatural Language Processing
Series AOct 21, 2015
Amount Raised: $3,500,000