Radicle Impact logo

Radicle Impact

North America, California, United States, Oakland

Description

Radicle Impact is an Oakland, California-based impact investment firm established in 2013, co-founded by prominent figures such as former eBay president Jeff Skoll and former Gap CEO Bob Fisher. The firm is dedicated to a "double bottom line" approach, investing in early-stage companies where financial success is intrinsically linked to the creation of meaningful social and environmental value. Their investment philosophy centers on identifying and nurturing enterprises that offer innovative solutions to pressing global challenges while also demonstrating strong commercial viability.

The firm successfully raised $50 million for its inaugural fund, signaling a significant commitment to the impact investing landscape. With this capital, Radicle Impact aims to build a diversified portfolio, typically planning to invest in 15 to 20 companies. Their strategic focus spans various sectors, including clean technology, sustainable food systems, and financial inclusion, all aimed at fostering a more equitable and sustainable future.

Radicle Impact's typical initial investment check sizes range from $1 million to $3 million, targeting companies at the seed to Series A stages. This allows them to provide crucial early-stage capital to ventures poised for significant growth and impact. Their portfolio includes notable companies such as Aspiration, a sustainable financial services platform, and Imperfect Foods, a company focused on reducing food waste. The firm's hands-on approach and strategic guidance aim to help these companies scale their operations and amplify their positive societal and environmental contributions.

Investor Profile

Radicle Impact has backed more than 32 startups, with 3 new investments in the last 12 months alone. The firm has led 6 rounds, about 19% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Ireland, Canada.
  • Strong thematic focus on Financial Services, FinTech, Banking.
  • Led 1 rounds in the past year.
  • Typical check size: $1M – $3M.

Stage Focus

  • Series A (44%)
  • Seed (19%)
  • Series B (16%)
  • Series C (13%)
  • Series Unknown (6%)
  • Series D (3%)

Country Focus

  • United States (91%)
  • Ireland (3%)
  • Canada (3%)
  • United Kingdom (3%)

Industry Focus

  • Financial Services
  • Fintech
  • Banking
  • Finance
  • Food And Beverage
  • Analytics
  • Trading Platform
  • Cleantech
  • Lending
  • Greentech
circle-line
FAQ

Frequently Asked Questions

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

Who does Radicle Impact frequently co-invest with?

Liberty City Ventures
North America, New York, United States, New York
Co-Investments: 2
Red River West
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 2
Upfront Ventures
North America, California, United States, Santa Monica
Co-Investments: 4
Horizons Ventures
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 3
Collaborative Fund
North America, New York, United States, New York
Co-Investments: 4
Kapor Capital
North America, California, United States, Oakland
Co-Investments: 3
Social Capital
North America, California, United States, Menlo Park
Co-Investments: 4
Initialized Capital
North America, California, United States, San Francisco
Co-Investments: 3
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 4

Which angels does Radicle Impact often collaborate with?

KT
North America, California, United States, Oakland
Shared Deals: 1
AP
North America, California, United States, San Francisco
Shared Deals: 1
LD
North America, California, United States, Los Angeles
Shared Deals: 1
SB
North America, California, United States, San Francisco
Shared Deals: 1
HP
North America, Washington, United States, Bellevue
Shared Deals: 1
JS
North America, Quebec, Canada, Montréal
Shared Deals: 1
ZD
North America, Florida, United States, Miami Beach
Shared Deals: 1
OV
North America, California, United States, San Francisco
Shared Deals: 1
AP
North America, California, United States, Sunnyvale
Shared Deals: 1
OB
Europe, United Kingdom
Shared Deals: 1

What are some of recent deals done by Radicle Impact?

Jiko

San Francisco, California, United States

Jiko is a fintech company that offers API access and treasury bill investment services.

BankingFinancial ServicesFinTechTrading Platform
Series CDec 12, 2024
Amount Raised: $29,000,000
Suma Wealth

Los Angeles, California, United States

Suma Wealth is a FinTech company with the mission to engage, educate, and empower the Latinx community.

FinanceFinancial ServicesFinTech
SeedOct 5, 2024
Amount Raised: $1,833,700
Notpla

London, England, United Kingdom

Notpla is a sustainable packaging start-up that develops a material derived from seaweed and plants.

CleanTechGreenTechManufacturingPackaging ServicesSustainability
Series ASep 24, 2024
Amount Raised: $26,853,712
Suma Wealth

Los Angeles, California, United States

Suma Wealth is a FinTech company with the mission to engage, educate, and empower the Latinx community.

FinanceFinancial ServicesFinTech
SeedFeb 6, 2024
Amount Raised: $2,200,000
SuperCircle

New York, New York, United States

SuperCircle develops a tech platform and reverse logistics system that powers circularity for retail brands.

CleanTechRetail TechnologyWaste Management
SeedNov 14, 2023
Amount Raised: $7,000,000
BlueMark

New York, New York, United States

BlueMark engages in providing independent impact verification services for investors and companies.

FinanceFinancial ServicesImpact Investing
Series AApr 18, 2023
Amount Raised: $10,000,000
Jiko

San Francisco, California, United States

Jiko makes Treasurys bankable

BankingFinancial ServicesFinTechTrading Platform
Series BOct 6, 2022
Amount Raised: $40,000,000
OhmConnect

San Francisco, California, United States

OhmConnect provides a software based powerplant which assists users in reducing their use of electricity.

EnergyEnergy ManagementPower GridSoftware
Series DJun 9, 2022
Amount Raised: $55,000,000
UrbanFootprint

Berkeley, California, United States

Urban, climate & community resilience data platform providing critical intelligence to institutions investing in the world's infrastructure

AnalyticsBusiness IntelligenceData IntegrationData VisualizationFinanceGovTechLocation Based ServicesSaaSSmart Cities
Series BMay 18, 2022
Amount Raised: $25,000,000
MoCaFi

New York, New York, United States

MoCaFi is a developer of a personal financial platform that improves the financial behaviors of underbanked communities.

AnalyticsBankingConsumerFinancial ServicesFinTechPayments
Series AFeb 12, 2021
Amount Raised: $12,000,000