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DC Community Ventures functions as a community development venture capital fund, strategically investing in businesses throughout the Washington D.C. metropolitan area. It provides capital to enterprises in consumer products, manufacturing, services, clean energy, and early-stage tech ventures. The fund’s approach integrates financial growth objectives with a commitment to local economic development and tangible community benefit.
Co-founded in 2011 by R. Candler Young and Karim Zia, DC Community Ventures emerged from the insight that targeted investments yield both profitable returns and significant social impact. This belief drove economic development and quality job creation for low-to-moderate-income individuals through a dedicated, local venture capital model.
The fund primarily supports entrepreneurs and emerging companies in the Washington D.C. metro area, particularly those creating high-quality employment. DC Community Ventures aims to expand goods and services availability, fostering broader economic uplift. Its vision is to demonstrate a venture capital model that actively contributes to inclusive prosperity and robust local economies.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 19, 2016 | Wellfound Foods | $100K Other Equity | DC Community Ventures | — |
| Apr 1, 2013 | LearnZillion | $7.0M Series A | Peter Moran | Qualcomm Ventures, Calvert Social Investment Fund, Maura Marino, O'Reilly AlphaTech Ventures |
| Jun 19, 2012 | Chesapeake Bay Roasting Company | $400K Series B | Candler Young | — |
| Mar 29, 2012 | LearnZillion | $2.4M Series A | Karim Zia | Calvert Social Investment Fund, Learn Capital, NewSchools Venture Fund, O'Reilly AlphaTech Ventures, Ulu Ventures |