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PeopleFund has raised $94.0M across 3 funding rounds.
Key people at PeopleFund.
PeopleFund was founded in 2015 by Diego Fernández (CoFounder and Director) and Jose Vargas (Co-Founder).
PeopleFund has raised $94.0M in total across 3 funding rounds.
Cple is a loan-investment platform that connects interest with returns and redefines non-bank finance, offering fair lending access for underserved customers while providing stable monthly returns for investors.
PeopleFund was founded in 2015 by Diego Fernández (CoFounder and Director) and Jose Vargas (Co-Founder).
PeopleFund has raised $94.0M in total across 3 funding rounds.
PeopleFund's investors include Bain Capital, 500 Startups, Anthemis Group, Scott Hartley, Iterative, Nonlinear, Pareto Holdings, Picus Capital, Rumbo Ventures, Eric Wu, Guilherme Bonifacio, Nate Matherson.
Key people at PeopleFund.
PeopleFund has raised $94.0M across 3 funding rounds. Most recently, it raised $20.0M Series C in January 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 7, 2024 | Sostengo | $3.8M Seed | PeopleFund | Julio Arrivillaga |
| Apr 1, 2020 | Amply Power | $13.0M Series A | — | Congruent Ventures, Qualcomm Ventures, Sutter Hill Ventures, Obvious Ventures, ITI Jain, George Soros |
| Jan 1, 2020 | Advano | $19.0M Series A | Future Shape, Mitsui Kinzoku SBI Material Innovation Fund, PeopleFund | General Catalyst, Humbition, Kima Ventures, OurCrowd, Spark Capital, Toyota Ventures, Jared Leto, Tony Fadell, Data Collective, Thiel Capital, Y Combinator |
| Feb 15, 2018 | Singularity University | $32.0M Series B | Bethany Tate Cornell, Erik Anderson | Mukita, Silicon Valley Bank, TAL Education Group |
| May 2, 2013 | ContactUs.com | $400K Seed | PeopleFund | — |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2023 | $20M Series C | Bain Capital | 500 Startups, Anthemis Group, Scott Hartley, Iterative, Nonlinear, Pareto Holdings, Picus Capital, Rumbo Ventures, Eric WU, Guilherme Bonifacio, Nate Matherson, Tushar Garg, Geeks ON A Plane, Access Ventures, D3 Jubilee Partners, IBX Partners, Kakao Investment, TBT Partners | Announced |
| Nov 1, 2021 | $63M Series C | Bain Capital | 500 Startups, Anthemis Group, Scott Hartley, Iterative, Nonlinear, Pareto Holdings, Picus Capital, Rumbo Ventures, Eric WU, Guilherme Bonifacio, Nate Matherson, Tushar Garg, TIM Chae, Goldman Sachs | Announced |
| Nov 2, 2018 | $11M Series B | — | — | Announced |
PeopleFund is a nonprofit community lender and small‑business support organization that provides loans, technical assistance, and accelerator programs to underserved entrepreneurs, primarily in Texas, with an emphasis on BIPOC, women, veterans, and low‑to‑moderate income communities [3][5].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick reminder: the profile above reflects PeopleFund’s identity as a nonprofit CDFI and small‑business lender (PeopleFund.org) and is distinct from unrelated entities with similar names that may present as private investment firms; the organization described here is the Texas‑focused nonprofit PeopleFund referenced in its public filings and 2024 annual report[2][3][5].