The Investment Group of Santa Barbara (IGSB) is a private investment firm founded in 1968 by Reece Duca that manages equity portfolios solely for its partners, investing partners' own capital into a concentrated portfolio of high-quality public and private companies, often taking a strategic, business-building role.
Average disclosed round size is $43.2M (across 6 rounds with reported amounts).
Portfolio
5
Fund Size
—
Top Stage
Unknown
Last 12 Mo
0
Team
IM
Ian Martin-Katz
Partner
MD
Mike Duca
Partner
RD
Reece Duca
Partner
TB
Tim Bliss
Partner
AA
Ayman Andrews
Principal
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| OOneStream Software | Series B | $200M | Apr 2021 |
 BuildOps | Seed | $5.8M | Nov 2019 |
 Aspiration | Series A | $15.5M | Sep 2015 |
| BBizible | Unknown | $8M | Aug 2014 |
| BBizible | Unknown | $8M | Jan 2014 |
| AAppFolio | Series C | — | Jan 2009 |
| AAppFolio | Series B | $22M | Jan 2008 |
Top Co-Investors
Scale Venture Partners2 shared
MHS Capital2 shared
Madrona Venture Group2 shared
Dragoneer Investment Group2 shared
Moatable, Inc.1 shared
GGV Capital1 shared
GSV Ventures1 shared
Capricorn Investment Group1 shared
1984 Ventures1 shared
Crosscut Ventures1 shared
Liquid 2 Ventures1 shared
TenOneTen Ventures1 shared
Ground Up Ventures1 shared
MetaProp1 shared
L2 Ventures1 shared
Fika Ventures1 shared
Founders Fund1 shared
Oberndorf Enterprises1 shared
Sequoia Capital1 shared
Cisco Investments1 shared
Last updated: 8 September 2026