Funds + Investments

Where Capital

Meets Strategy

Strategic Capital for Transformative Growth

As a merchant bank,

New Canaan Impact Capital structures capital solutions across equity, debt, and real estate for companies at inflection points where the right capital can unlock transformative growth. We invest directly and syndicate through our broker-dealer partner Carofin, giving companies access to both hands-on expertise and an expansive investor network.


carofin.com

Carofin

Carofin/Carolina Financial Securities, LLC (CFS) works with New Canaan Impact Capital to offer securities through its broker-dealer relationship. In the past 20 years, Carofin/CFS has placed more than $1.2 billion in private offerings across 100+ companies, including both debt and equity. John Gramling III joined Carofin/CFS as a Managing Director in 2017 and continues to serve in that role.

Our Funds


NCIC
Liquid Fund I
Flexible debt capital for growth-stage companies.


NCIC Real Estate Fund I
Invest equity and debt into projects that create both financial strength and community value.


NCIC Tech Fund I
Equity investments into innovations that solve real-world challenges.

Investment Preferences

Equity

Revenues: Zero up to $20,000,000

EBITDA: Negative to $4,000,000

Industry Preference: Agnostic, emphasis on IP

Horizon: 3–5 years

Preferred Structures: Convertible debt, SAFE notes and others

Return Profile: 7x–10x

Direct Investment Size: $25,000–$500,000

Syndicated Investment Size: $2,000,000–$30,000,000

Debt

Industry Preference: Agnostic

Horizon: 2 years

Debt Service Coverage Ratio: Min. 1.25x

Return Profile: 10–20% annualized

Direct Investment Size: $500,000

Syndicated Investment Size: $2,000,000–$50,000,000

Real Estate

Preferences: Single family, multi-family, and data centers

Return Profile: Minimum 6% cap rate

Syndicated Investment Size: $100,000,000

NCIC Real Estate Fund

  • Cane Bay

    NCIC Real Estate Fund is a limited partner in Cane Bay, which is a master planned community located in Berkeley County, South Carolina, that consists of approximately 8,000 acres and to date has successfully developed and sold around 65% of its holdings. New Canaan Impact Capital expects the project to complete a full exit in 2030.

  • Reverie on the Ashley

    NCIC Real Estate Fund is a limited partner in Reverie on the Ashley – a high-end multifamily condo project located in Charleston, South Carolina, that is unique due to the beautiful vistas of the Ashley River and natural surroundings. The management team has developed and sold around 75% of the project and New Canaan Impact Capital expects a full exit in 2030.

  • Cherokee Partners

    NCIC Real Estate Fund is a limited partner in Cherokee Partners – a 350-acre industrial development located Gaffney, South Carolina, that has currently sold approximately 33% of the project to DHL and is expecting a full exit in 2030.

New Canaan Impact Capital Portfolio Companies

  • Flychain logo

    An integrated financial platform for healthcare practices that unifies full-service accounting and bookkeeping, tax support, capital solutions, and actionable financial insights tailored to the unique challenges of the healthcare industry.

    flychain.us

  • Galaxy Digital logo

    A volunteer management and engagement platform that helps organizations increase participation, track involvement, and measure impact across programs and communities.

    galaxydigital.com

  • Good Agriculture logo

    An agricultural services firm supporting farmers and agribusinesses through financial management, funding access, and strategic marketing to strengthen operations and long-term sustainability.

    goodagriculture.com

  • Proton Power Inc. logo

    A clean energy technology company developing a proprietary, patent-protected system that converts biomass feedstocks into synthetic fuel or electricity in a cost-effective manner.

    protonpower.com

  • PRTI logo

    A technology company addressing tire waste by converting discarded tires into sellable commodities, transforming an environmental challenge into scalable industrial solutions.

    prtitech.com

  • Real Time Risk Solutions logo

    An insurance technology platform that delivers real-time mobile risk management through advanced analytics, enabling organizations to identify and manage risk more effectively.

    rtrs.co

  • Tandem Repeat logo

    A biomaterials company producing sustainable, high-performance fibers from engineered proteins, offering climate-positive alternatives to plastics and animal-derived textiles.

    tandemrepeat.com

  • Tango Robotics logo

    A robotics-driven manufacturing company focused on reshoring production to the U.S. through franchise-ready automation that enables faster, more efficient, and lower-cost industrial part production.

    tango-robotics.com

  • TradeVector logo

    A B2B marketplace that streamlines the buying and selling of trade receivables by providing real-time pricing, negotiation, and settlement with increased transparency and efficiency.

    tradevector.com

  • Uplinq logo

    A global credit assessment platform designed to support small and mid-sized businesses by improving access to credit insights and financing opportunities.

    uplinq.co

  • Rely IQ logo

    A workforce enablement platform that centralizes employee onboarding and offboarding, device management, IT support, and branded engagement for distributed teams.

    rely-iq.com

  • Salt Run Entertainment logo

    An independent film and television studio based in Spartanburg, South Carolina, producing authentic Southern stories while developing local talent through a creative hub and residency programs.

    saltrunentertainment.com