Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | Other |
Investing | United States • Italy |
Investment Range | $60,000 - $3,000,000 |
MetaFund is a Venture Capital Fund headquartered at 2545 S. Kelly Avenue, Edmond, Oklahoma, 73013, United States. Specializing as a Community Development Financial Institution (CDFI), they are dedicated to the facilitation, development, and financing of businesses and community projects within Oklahoma. MetaFund focuses on investments that yield direct benefits to underserved communities or regions in distress. Financially viable projects that provide essential services such as jobs and housing are targeted by the fund. MetaFund's investment portfolio includes infill housing, small businesses, and start-up companies. They offer an innovative range of investment structures not typically available to banks, which include convertible debt, convertible preferred stock, direct equity investments, and revenue sharing agreements. This allows them the flexibility to invest in companies and projects at various stages of their life cycle. Their investment strategy is guided by a dual goal of financial viability and fulfillment of their mission to serve the community. MetaFund operates with a significant capital base, backed by Oklahoma banks and in partnership with over 100 non-profit and government-related entities. Investments in MetaFund enable banks to receive Community Reinvestment Act credit. MetaFund's operations categorize them as a Collaborative Community Development Merchant Banking Venture Capital Financial Institution (CCDMBVCFI) and a non-profit 501(c)(3) corporation with $10 million in capital. Their emphasis on equity investments has established a minimum investment threshold of $60,000 and a maximum of $3,000,000. Embodying the spirit of a merchant bank, MetaFund supports ventures through financial means and strategic involvement, emphasizing the growth and development of underserved sectors and geographies in Oklahoma.