ICA Fund
Overview
ICA Fund is a 501(c)(3) non-profit organization and Community Development Financial Institution (CDFI) based in Oakland, CA, that accelerates businesses through mentorship and investments to close the racial and gender wealth gaps. Founded in 1996, it provides coaching, connections, and capital primarily to small businesses in the 9-county Bay Area owned by women and people of color. The firm runs accelerator programs and invests through its Growth Fund, utilizing flexible instruments like convertible notes, term loans, and equity. It focuses on sectors such as food, beverage, and consumer products, and supports tech-enabled businesses but not pure tech companies.
Portfolio Companies
18
Website
ica.fundInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Renewal Mill | Jun 2023 | Series A | Co-investor |
| Down to Cook | Apr 2022 | Seed | Co-investor |
| Better Chew | Apr 2021 | Seed | Lead |
| Fonda | Jan 2024 | Seed | Co-investor |
| Back to the Roots | Oct 2020 | VC Round | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is ICA Fund based?
ICA Fund is headquartered in Oakland, California, United States.
When was ICA Fund founded?
Founding year information for ICA Fund is not publicly available.
How many portfolio companies does ICA Fund have?
ICA Fund has 18 portfolio companies in Caplight's dataset.
What are some companies in ICA Fund's portfolio?
Portfolio companies visible on Caplight include Renewal Mill, Down to Cook, Better Chew, Fonda, Back to the Roots.
What was ICA Fund's most recent investment shown here?
ICA Fund's most recent investment in this portfolio sample was in Fonda in 2024.
What sectors does ICA Fund focus on?
ICA Fund focuses on Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Real Estate & PropTech, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Enterprise Software, AI, Data & Cloud Infrastructure, Consumer & Commerce, Energy & Sustainability, Consumer & Commerce, Enterprise Software, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Consumer & Commerce, Energy & Sustainability.
What company stages does ICA Fund focus on?
ICA Fund typically invests at the Early stage.
What is ICA Fund's AUM?
ICA Fund's assets under management are estimated between $19.3M and $19.3M.