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ICT Capital is a real estate development and investment firm based in Wichita, Kansas, United States, specializing in acquiring land for ground-up development and redeveloping existing retail and restaurant properties across Midwest markets. The firm partners with property owners, investors, and equity partners on investment-grade opportunities in key Midwest markets, frequently investing its own capital alongside collaborators. Operating with fewer than 25 employees, the company has reported annual revenue under $5 million. Its strategic focus remains on enhancing value within the retail and restaurant real estate sectors through targeted development and redevelopment. The leadership team includes Founder and CEO Doug Malone, Co-Founder and President Michael Malone, and Vice President Seth Campbell. ICT Capital was established in 2018 by co-founders Doug Malone and Michael Malone.
ICT Capital has 3 tracked investments across 3 companies. The latest tracked deal is $42.0M Series C in Plant Prefab in December 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 6, 2022 | Plant Prefab | $42.0M Series C | Rafael LA Porta DE Castro | Asahi Kasei, Brown Angel Group, Unreasonable Collective |
| Feb 24, 2022 | Beam | $93.0M Series B | Taeyub KIM | AC Ventures, EDBI, Hana Ventures, Momentum Venture Capital, Peak XV Partners (Sequoia Capital India), RTP Global |
| Dec 20, 2021 | VOI Technology | $115.0M Series D | Jason Schretter | Ilmarinen, Inbox Capital, Kreos Capital, Nineyards Equity, Nordicninja |
