FUND IMPACT

Through the end of 2022, Fearless Fund made the following investments:

$26.6 Million

As of January 2023, Fearless Fund had invested in 40 companies employing more than 250 people. By the end of 2022, these same companies grew their employee headcount to approximately 540, marking a 116% increase. Additionally, over 96% of Fearless Fund’s investments qualify under the Community Reinvestment Act, demonstrating its dedication to supporting small businesses in underrepresented metropolitan areas. Over 20% of these companies have been able to raise subsequent funding, with a meaningful increase in this percentage expected in 2023.

*Includes one Fund of Funds investment