Letters from Lauren: August 2022

by | Aug 30, 2022 | News

This quarter marks a huge milestone in Mission Driven Finance’s history—we have now flowed over $50 million in “assets into community” (AIC) across more than 100 loan transactions!

MDF milestones: Mission Driven Finance Surpasses $50 Million Assets Into Community (AIC)

We’re thrilled to share this news with you because you make this possible. We would not be where we are today without the support of our portfolio companies, client-partners, team, and community champions.

Since our start in 2016, we set out to get capital where it doesn’t flow but should. We strive to support Black and Brown founders, women business owners, nonprofits doing critical work during the pandemic, and more. So while most of the investment industry tracks assets under management (AUM—also important!), getting capital out the door and creating change in the community is the most critical metric for Mission Driven Finance.

See what our team shared on what this $50M AIC milestone means to them in our blog.

Again, thank you for being part of our journey. If you want to help us get to the next $100M AIC or $200M AIC, connect with us or refer a business.

Be well and take care of one another,

Lauren's signature

 

Lauren Grattan
Co-founder & Chief Community Officer

Categories: News