Last updated 9 July 2020, by Impactyield.
Invested Development was founded in 2009 by Miguel Granier. The firm’s mission is to reduce poverty in underserved markets by providing risk capital investments to innovative mobile, ICT, alternative energy, and agriculture technology startups. In 2011, ID launched the BSP Fund and recapitalized it in 2013. At the time of recapitalization, ID had made 13 investments across 8 countries with the BSP Fund. After seeing firsthand the working capital problems that startups in emerging markets face, ID developed the Impact Factoring Fund (IFF) in 2012. The IFF is a working capital facility that uses accounts receivable purchasing to provide short-term liquidity to startups.
Incorporation year: 2009
Headquarters location: United States of America
Currency for fund / product figures: USD (US Dollar)
Total firm assets under management: 20000000 USD
Membership and other professional affiliations:
Years top investment professionals have worked together: 2