Impact America Fund is an impact venture capital firm investing in tech-enabled companies built for and by people in marginalized communities of color. The firm invests $250K–$2M in early-stage entrepreneurs at Seed through Series A stages, having closed a $112M Fund III bringing total AUM to $177M.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Their most common stage is series-a (48% of deals). Average disclosed round size is $8.2M (across 23 rounds with reported amounts).
Portfolio
24
Fund Size
$112M
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
27 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Nest Health | Series A | $22.5M | Nov 2025 |
 Afynia | Seed | $5M | Feb 2025 |
 Twentyeight Health | Series A | — | Jan 2025 |
 Afynia Laboratories | Seed | — | Jan 2025 |
 Aja Labs | Seed | $2.5M | Nov 2022 |
 Namecoach | Series A | $8M | Nov 2022 |
 NameCoach | Series A | $8M | Jan 2022 |
 Mayvenn | Series A | $23M | Jan 2022 |
 CareAcademy | Seed | — | Jan 2022 |
 CareCar | Seed | $3M | Apr 2021 |
 Flockjay | Series A | $11M | Jan 2021 |
 Esusu Financial | Seed | — | Jan 2021 |
| MMindRight Health | Seed | $1.8M | Jan 2020 |
| Esusu Financial | Seed | $2.3M | Jan 2020 |
 Winnie | Series A | $9M | Oct 2019 |
| Mayvenn | Series B | $23M | Nov 2018 |
 ConnXus | Series A | $5M | May 2016 |
| CConnxus Inc | Series A | $5M | May 2016 |
 ConnXus | Series A | $5M | May 2016 |
| Mayvenn | Series A | $10M | Jun 2015 |
 District Cover | Unknown | $6M | — |
 LoanWell | Seed | $3M | — |
 Guardians Collective | Seed | $3.5M | — |
 SMBx | Seed | $11.5M | — |
 Beddr | Series A | $5.6M | — |
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Top Co-Investors
Techstars5 shared
Andreessen Horowitz4 shared
Gaingels3 shared
640 Oxford2 shared
Asymmetry Ventures2 shared
Seabed VC2 shared
Metaplanet2 shared
Forefront Venture Partners2 shared
Transcend Fund2 shared
Bisk Ventures2 shared
Founders Fund2 shared
Better Capital2 shared
Stanford's StartX Fund2 shared
Reach Capital2 shared
Trinity Ventures2 shared
500 Global2 shared
SOSV2 shared
e2vc2 shared
Essence2 shared
Serious Change2 shared
Last updated: 7 October 2026