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Ohio Impact Fund is an early-stage venture fund empowering Ohio startups focused on social, community, or environmental impact. It provides capital from pre-seed to early expansion stages, targeting businesses in Climate Tech & Sustainability, Expanded Equity & Access, Financial Access for All, and Good Health & Wellbeing. Beyond funding, the fund offers comprehensive support, including mentorship and business tools, to foster innovation-driven enterprises.
The fund emerged from a recognition of the need for dedicated capital for impact-driven ventures within Ohio. Founded in 2021, its inception was driven by the insight that visionary, often underrepresented, entrepreneurs addressing critical social and environmental challenges face barriers to accessing venture capital. The organization was established to bridge this gap, ensuring these ventures receive necessary financial and strategic resources.
Ohio Impact Fund serves founders developing solutions to pressing societal needs, primarily within the Ohio ecosystem. The fund envisions a future where investors achieve substantial returns while simultaneously catalyzing economic and social progress. It aims to cultivate an environment where impactful startups thrive, fostering a strong regional economy rooted in purpose-driven innovation.
Ohio Impact Fund has 1 tracked investment across 1 company. The latest tracked deal is $2.0M Seed in Pay Theory in February 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 1, 2022 | Pay Theory | $2.0M Seed | Zeal Capital Partners | Jenny Fielding, Scott Hartley, LOUD Capital, M13, Precursor Ventures, Double Eagle Venture Partners, Gaingels, Sica Ventures, SixThirty |