OUR IMPACT

Capital that goes all in.

ICA Fund works alongside Bay Area founders to build durable, scalable enterprises that create good jobs and community wealth.

Ensuring everyone has a voice in shaping the local economy

At ICA Fund, we create good jobs and community wealth by investing in local businesses. When the time is right, we support founders in achieving an exit that aligns with their values, creating wealth for them, their families, and employees. The gains ICA earns from our investment portfolio are recycled back into the fund. That’s one of the many reasons founders choose to work with ICA — their success lifts up future founders in the community. When all entrepreneurs, no matter where they're coming from, have a fair shot at capital and shaping our future, we’re building an economy that works for all.

Read our 2025 Annual Report

Impact at a glance

Building an economy that works for all.

89

Companies funded since 2013

542

Total jobs created and retained by Portfolio companies in 2025

$34

Average hourly wage paid in 2025 by ICA-supported companies

9x

Funding leverage on every dollar invested by ICA

testimonials

"This is a placeholder element. On the live page the selected testimonial items will be displayed here"

Founder or Advisor Name, Title

Business

“Meeting ICA entrepreneurs has been incredibly energizing. There’s a real sense of purpose and momentum. I tend to take on a lot, but when the work is meaningful and brings joy, it feels worthwhile.”

Paul Yee, ICA Advisor

“ICA was an essential partner in the growth and eventual exit of Just Date. They believed in our minority, all-women team from the very beginning — at a time when it was difficult to find support elsewhere, even with a growing, profitable business. With their hands-on guidance and steady partnership, we were able to scale our revenue fivefold and ultimately achieve a successful exit. We’re deeply grateful for their belief in us and the role they played in our journey.”

Sylvie Charles Royston, founder of Just Date

“I knew I would be supported on this journey. Money is great, but having a support system is really important. My whole team is excited about the community, which is what really stands out to me about ICA.”

Svetlana Elgart, founder of Rainbow Chefs Academy

“I really trust ICA Fund — they are actually our only investor. I have had investors that I have turned down because it didn’t feel like the right fit, but there was total alignment with ICA in terms of our mission and our values.”

Stanley Chen, Owner of BerryClean

“It’s so important for us to partner with investors like ICA Fund. When I started out, I had no idea how to access the capital needed to grow a business like ours. I was looking for values-aligned capital that understands the impact is the heart of what we do and actually what makes us good at business. We found that partner in ICA and folks like them across the country.”

Sana Javeri Kadri, founder of Diaspora Spice Co.

Diaspora Spice Co.

“There needs to be a lot more investment practices like ICA Fund. It’s incredibly unique and aligns with my pragmatism. Unlike the venture capital model, where most companies in the portfolio can fail while a few go big, ICA is looking for healthy, sustainable growth from all companies. That makes sense to me, and I like being part of this fund.”

James Norman, CEO of Pilotly

Pilotly

Get the Latest from ICA Fund

Sign up for our newsletter to stay tuned about company updates, founder stories, and opportunities to get involved in the ICA Fund Community

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.