2024 ICA Fund Impact Report || Building the Future

2024 ICA FUND ANNUAL IMPACT REPORT

Building
the Future

We accelerate great businesses through mentoring and investments to catalyze value in local markets and create community wealth.

Read our 2024 Impact Report

Catalyzing value mainstream finance misses

Our impact investing practice creates pathways for businesses to grow through active partnership, personalized advising, and flexible capital. In turn, these businesses create more vibrant, resilient communities with local jobs and shared wealth.

Read the 2024 Impact Report

Our impact at a glance

Built in the Bay

We believe that by investing in the small businesses overlooked by traditional finance, we can find potential for growth and transformation. Since 2013, ICA has invested over $15M in Bay Area businesses who contribute to a more adaptable, balanced, and diverse economy.

ever-to-date

173

total companies served

$15M

deployed to local businesses since 2013

7,700

jobs created & retained ever-to-date

in 2024

34%

job growth year-over-year

70%

of companies provided employer-paid benefits

$27.57

average hourly wage paid

Dive in to our 2024 Impact Data

2025 Impact Stories

“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

2025 Impact Stories

“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 co.

2025 Impact Stories

“In 2021, I had just become a mom. I was on the verge of closing, then I connected with ICA Fund. I wouldn’t be here without ICA—the team, the mentorship, the funding. I experienced real growth in a short amount of time because of that support. A lot of my entrepreneur friends came from ICA. There’s a difference, you know you’re being seen. ICA really is here to help you.”

— marissa lucero, founder of maker studio kidz

get involved

Join the movement.

Help accelerate great Bay Area businesses and build and economy that works for all.

Invest in ICA

The businesses in which ICA invests are successful companies committed to growth, good jobs, and wealth creation, and with your help, they are poised for long-term success.

How to invest in us

Become an Advisor

Your experience is invaluable. At ICA, our advisors play a pivotal role in supporting our clients’ growth, help spark local innovation, and give back to the community in powerful ways.

Learn about being an advisor.

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