FUND SNAPSHOT Name Impact America Fund LP INSERT
![FUND SNAPSHOT Name: [Impact America Fund, LP] [INSERT LOGO] Type: [venture capital] Target Size: FUND SNAPSHOT Name: [Impact America Fund, LP] [INSERT LOGO] Type: [venture capital] Target Size:](https://slidetodoc.com/presentation_image_h2/6309dc93aff7b189debad35b079b2960/image-1.jpg)
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FUND SNAPSHOT Name: [Impact America Fund, LP] [INSERT LOGO] Type: [venture capital] Target Size: [$15 -$20 M] Focus: [Technology that accelerates the development of economically disadvantaged communities] Investment Strategy: [Invest $250 K-$500 K typically 12 -18 months before Series A and participate as a major follow-on investor with pro-rata rights] Portfolio Target: [10 -12 companies] [CONTACT NAME] Geography: [US-based with global potential] [CONTACT TITLE] Management Fees: [2. 5% for 5 -year investment period, 2% thereafter] [CONTACT EMAIL] [WEBSITE] Carried Interest: [20%] LP Minimum Commitment: [$500 K] FUND OVERVIEW & INVESTMENT STRATEGY [Impact America Fund, L. P. (IAF) is an Oakland, CA based venture capital fund focused on investing in high-growth technology companies scaling solutions to create operating efficiencies, market transparency, and income generating opportunities in economically disadvantaged U. S. communities. IAF has raised $9 M from Serious Change, LP, Prudential Financial, New Island Capital, Pi Investments, several HNWIs, and a notable family foundation. Since its first close in Q 4 2014, IAF has established the fund’s infrastructure and invested $3 M across 5 portfolio companies. IAF is seeking to raise $20 M for Fund I and is in early discussions with large organizations regarding strategic partnerships and capital commitments for Fund II. Impact America Fund evolved from Jalia Ventures, a three-year diversity investing initiative led by Kesha Cash and Josh Mailman, Managing Partner of Serious Change and co-founder of the Social Venture Network. From 2010 -2013, Jalia Ventures invested $5 M into 10 mission-driven companies owned by entrepreneurs of color. Kesha identified a core strength of the Jalia Ventures investment strategy was the identification of business savvy and culturally competent entrepreneurs, regardless of their skin color. Impact America Fund builds on this strategy by investing in diverse mission-minded entrepreneurs with the skills and desire to build big technology businesses. Impact America Fund has a broad and distinct network ranging from Silicon Valley VCs to grassroots community organizations. IAF leverages this knowledge base to identify, invest, and support best-in-class entrepreneurs. ] MARKET OPPORTUNITY • [Operating inefficiencies and the lack of market transparency in economically disadvantaged communities yield $1 B+ technology investment opportunities in Education, Health & Wellbeing, and Marketplaces] • [A “Cultural Competence” lens enables early identification of large market opportunities that are often overlooked by traditional investors] • [Investors and large corporations are actively seeking access to the $2 T+ purchasing power of emerging domestic markets] INVESTMENT TEAM [Kesha Cash, General Partner: Dubbed a “Top Five Gamechanger” by Forbes and a “Power Investor” by Essence, Kesha’s personal mission is to transform economic livelihoods of marginalized communities in America. Kesha spent the first decade of her career as a mergers and acquisitions analyst at Merrill Lynch analyzing billion dollar transactions, an operational consultant to inner-city small businesses in Los Angeles, and an impact investments associate at Bridges Ventures in the UK. Kesha received her MBA from Columbia Business School and her B. A. in Applied Mathematics from the University of California, Berkeley. Stefanie Thomas, Senior Investments Associate: As a member of IAF, Stefanie has emerged as a voice of “Black Female VCs” (Fast Company) who work at the intersection of founder diversity, technology for impact, and the deployment of capital within untapped markets. Previously, Stefanie was a Vice President at Citigroup, where she managed more than 50 institutional investor relationships and led finance transactions exceeding $1 billion. Stefanie received her MBA from the Ross School at the University of Michigan and her B. S. in Economics from the Wharton School at the University of Pennsylvania. ] PORTFOLIO EXAMPLES [if no current portfolio examples, please use extra space to expand on a section(s) above] [PORTFOLIO COMPANY LOGO] [Provide company overview and/or deal highlights]