MetaFund
MetaFund is a nonprofit Community Development Financial Institution (CDFI) in Edmond, Oklahoma, deploying New Markets Tax Credits, business loans, and impact investments to underserved communities and small businesses across Oklahoma through a 25+ year partnership network of banks and foundations.
- Company typePrivate
- Founded1999
- HeadquartersOklahoma City, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What MetaFund does
MetaFund is a nonprofit Community Development Financial Institution (CDFI) headquartered in Edmond, Oklahoma, founded in 1999. The organization deploys catalytic capital to underserved communities, businesses, and projects across Oklahoma, with a particular focus on community development, small business growth, and impact-aligned investing. Since inception, MetaFund has deployed over $470 million directly and leveraged more than $540 million in co-investments, working through a network of 23+ bank partners and 7 foundation investors.
The core product platform is built around federally regulated New Markets Tax Credit (NMTC) allocations — MetaFund is one of a limited set of CDFI allocatees, having secured 8 allocations totaling $399 million, most recently a $70 million round in January 2026. Beyond NMTC, the organization offers direct business lending, the Oklahoma Impact Investing Collaborative (Impact Loans, Pay for Success, and Program Related Investments), management and consulting services, and EQ2 subordinated debt products. Operations are run through two subsidiaries — Oklahoma Impact Investing Collaborative and Impact Accelerator — that extend the platform into broader impact financing and workforce/job-quality initiatives. The current CEO, Sarah Reed, was promoted from COO/CFO in June 2023, with founder Tom Loy continuing as Board Chair.
As a nonprofit, MetaFund's revenue model is built on NMTC management fees (typically recurring over multi-year compliance periods), net interest income from business and impact loans, fees on consulting and PRI/PFS engagements, and federal grant support (including a $2.4 million ERP grant). Capital deployment is the primary scale metric rather than top-line revenue, with the 1-10 employee organization leveraging institutional partner capital rather than scaling headcount to expand impact.
MetaFund firmographics
Firmographics- Name
- MetaFund
- Legal name
- MetaFund Corporation
- Website
- https://metafund.org
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MetaFund is a nonprofit Community Development Financial Institution (CDFI) in Edmond, Oklahoma, deploying New Markets Tax Credits, business loans, and impact investments to underserved communities and small businesses across Oklahoma through a 25+ year partnership network of banks and foundations.
- Ownership category
- akta.pro rank
MetaFund industry classification
Industry- Product category
- Community Development Finance
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Grantmaking and Giving Services (81321)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)
- akta.pro secondary industries
- Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments) (FSAAABAH), Community Foundations (BPAGAKAB)
Keywords
Where MetaFund is headquartered
LocationHeadquarters
- HQ city
- Oklahoma City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MetaFund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Loan Interest and Fees: MetaFund generates revenue through interest income on loans provided to eligible borrowers, including business loans, impact loans, and NMTC financing. They charge origination fees and interest on their loan portfolio.
- Program Related Investments (PRIs): Foundations and philanthropists make PRIs to the Oklahoma Impact Investing Collaborative, structured as flexible loans that count toward foundation qualified distribution requirements. Funds are recycled into multiple mission-driven projects and repaid at maturity.
- Bank EQ2 Investments: MetaFund offers Equity Equivalent Investments (EQ2) to banks seeking CRA credit. These are interest-bearing subordinated loans with rolling maturity that build MetaFund's capital base.
- Pay for Success Structure Fees: The Oklahoma Impact Investing Collaborative manages Pay for Success contracts where private funding is provided upfront and government repays upon achieving outcomes, with MetaFund facilitating and managing these transactions.
- Federal Grants: MetaFund receives federal funding awards such as the $2.4 million Equitable Recovery Program (ERP) funding from the U.S. Treasury CDFI Fund to support pandemic recovery in underinvested communities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | NMTC financing terms fluctuate based on private investment raised for each project |
| Other | Multi-year contract | Business Lending - MetaFund portion up to $1,000,000 |
| Outcome Based/ Performance | Multi-year contract | Impact Loans designed for milestone-based disbursements |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
MetaFund product offering
Product offeringCore offering
MetaFund is a nonprofit Community Development Financial Institution (CDFI) that provides flexible financing products including New Markets Tax Credits (NMTC), Business Lending (up to $1,000,000), Impact Loans, Pay for Success financing through the Oklahoma Impact Investing Collaborative, Program Related Investments (PRIs) from foundations, and Equity Equivalent Investments (EQ2) for bank partners. The organization also offers Consulting Services for nonprofits, governments, and philanthropic clients focused on community, economic, and workforce development in underinvested Oklahoma communities.
Product overview
MetaFund is a nonprofit Community Development Financial Institution (CDFI) offering an integrated portfolio of impact investing products and services. The core offerings include New Markets Tax Credits (NMTC) financing, Business Lending for 'nearly bankable' organizations, and the Oklahoma Impact Investing Collaborative encompassing Impact Loans, Pay for Success Loans, and Program Related Investments. These products work together through the Collaborative as an intermediary structure that blends government, philanthropic, and private capital to maximize social impact in Oklahoma communities. MetaFund also provides Consulting Services for strategic planning and organizational development, and offers Equity Equivalent Investments (EQ2) for bank partners seeking CRA credit.
Differentiator
Problem solved
Functional benefit
Products and services
- New Markets Tax Credits (NMTC) Tax credit allocations that attract private investment to high-impact economic development projects in historically underinvested communities. MetaFund facilitates allocation of NMTCs targeting severely distressed census tracts in Oklahoma, with focus on manufacturing jobs, healthcare, and quality education. Total $399 million in NMTC allocations across eight award rounds.
- Business Lending Direct capital for businesses and nonprofits with unique needs based on character, financial viability, and intended community benefits. MetaFund participates with banks to improve LTV (up to 100%), DSCR (as low as 1.0), or extend credit beyond bank lending limits, with MetaFund portions up to $1,000,000 and ability to subordinate to the bank's position.
- Oklahoma Impact Investing Collaborative A national leader in Pay for Success financing that blends government, philanthropic, and private capital to provide creative financing opportunities for mission-driven nonprofit and for-profit organizations. The Collaborative manages the Impact Accelerator subsidiary and deploys Program Related Investments (PRIs). Has deployed more than $4.6 million since founding.
- Consulting Services Strategic consulting provided to government, philanthropic and nonprofit clients to improve social outcomes and facilitate discussions of innovative models. Services include strategic planning, organizational development, public-private partnerships, collective impact, human-centered design, community engagement, and program development.
- Impact Loans Loans designed to make funds accessible to borrowers over time as they achieve construction, impact, or operational milestones. Can be used to finance real estate construction, asset acquisition (equipment or real estate), or working capital needs. Deployed through the Oklahoma Impact Investing Collaborative.
- Pay for Success Loans Innovative financing structure where philanthropic investors provide upfront capital for evidence-based interventions. If outcomes are achieved, a third party (often government) repays the investors. Ensures taxpayer dollars are only spent on proven results while enabling private funders to take on initial risk.
- Program Related Investment (PRI) Investment made by foundations in pursuit of charitable missions, structured as flexible loans to the Oklahoma Impact Investing Collaborative. Counts toward foundation's qualified distribution requirements, and funds can be recycled into multiple mission-driven projects before being repaid at maturity.
- Equity Equivalent Investment (EQ2) Capital product designed for nonprofit CDFIs that allows building capital base without relying on charitable contributions. It is an interest-bearing, subordinated loan with rolling maturity designed to meet Community Reinvestment Act requirements. Bank investors are eligible for 18% cash award from CDFI Fund's Bank Enterprise Award program.
Quantifiable outcome
- MetaFund has deployed over $470 million and leveraged $540 million in co-investments since 1999
- +4 more outcomes
Companies that use MetaFund
Customer profileNamed customers20 records
Segments7 records
Ideal customer profiles4 records
MetaFund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MetaFund partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Oklahoma State Department of Health (OSDH)corePay for Success agreement where OSDH partners with the Oklahoma Impact Investing Collaborative to fund 14 Community Health Workers and one supervisor in 10 rural public health districts. Government only pays for successful health outcomes.
- BancFirstcoreBancFirst provided financing through purchase of NMTC allocation from MetaFund and conventional financing for projects including Oklahoma Center for Nonprofits headquarters renovation and Perry Memorial Hospital.
- Oklahoma City Community Foundation (OCCF)corePartnership to identify opportunities for joint investments aimed at improving rural health in southeast Oklahoma. OCCF administers grants including funding for Rural Health Initiatives Director position.
- Oklahoma Human Services (OHS)corePay for Success partner funding programs for child welfare, workforce development, homelessness, healthcare, education, and food insecurity. Government pays only upon successful outcomes.
- Oklahoma Department of Mental Health and Substance Abuse Services (ODMHSAS)corePartner in Pay for Success investments including Pivot Preserves workforce development program and Individual Placement and Support (IPS) for employment services.
- Linda BrinleecoreDirector of Rural Health Initiatives for the Collaborative, with 18-year veteran of public health and community initiatives. Focus on 15-county area of southeast Oklahoma.
- Tulsa Economic Development Corporation (TEDC)coreJoint CDFI financing partnership with MetaFund for Palmer Addiction Recovery Services property purchase. First joint CDFI financing between TEDC and MetaFund in Oklahoma.
- Unite UsminorTechnology platform partner for health and social care coordination. MetaFund supported expansion of Unite Us in Oklahoma.
- NorthCarecoreContracted service provider for Intensive Safety Services program providing Master's-level therapists for in-home support to families.
- University of Oklahoma Health Sciences CentercoreProgram evaluators for Intensive Safety Services who evaluate and measure program performance.
- Sprouts Child DevelopmentcoreTulsa nonprofit receiving financing for pediatric clinic expansion to provide developmental behavioral pediatrics services.
- U.S. BankcorePartner with MetaFund providing NMTC funding for Kiamichi Family Medical Center Hugo clinic project.
Scale indicators12 records
Recent moves8 records
Expansion highlights5 records
MetaFund competitors and assessment
Company assessmentDirect peers
- IFF (formerly Illinois Facilities Fund): Regional CDFI providing real estate and equipment financing to nonprofits serving low-income communities in the Midwest. Direct peer for nonprofit-targeted lending and community development facility financing.
- Low Income Investment Fund (LIIF): National CDFI financing affordable housing, early care and education, and community facilities in low-income neighborhoods. Direct peer for facility-focused community development financing to nonprofit and mission-driven borrowers.
- BlueHub Capital: Massachusetts-based CDFI (formerly Boston Community Capital) providing community development lending and equity investments. Direct peer as a nonprofit CDFI focused on affordable housing, community facilities, and small business lending in distressed communities.
- Calvert Impact Capital: One of the largest U.S. CDFIs, Calvert Impact Capital manages community investment notes and deploys capital into impact investments nationwide. Direct peer as a nonprofit CDFI issuing impact notes and channeling capital to community development projects, similar to MetaFund's NMTC and impact loan activities.
- Reinvestment Fund: Pennsylvania-based CDFI that is also a long-time NMTC allocatee and deploys capital into affordable housing, healthcare, education, and community facilities. Direct peer given overlapping NMTC allocation strategy, mission-aligned lending, and similar federal funding relationships.
- Center for Community Self-Help: Self-Help operates a CDFI credit union and loan fund serving underbanked communities across multiple states. Direct peer as a CDFI lender to small businesses and nonprofits unable to access traditional bank financing.
- Capital Impact Partners: National CDFI providing capital and capacity-building to underinvested communities across health, housing, and education sectors. Direct peer with overlapping mission, federal CDFI certification, and product mix including NMTC and impact lending.
- Coastal Enterprises Inc (CEI): Maine-based CDFI providing business lending, NMTC allocation, and impact investing in distressed communities. Direct peer given comparable business lending products, NMTC allocatee status, and mission-aligned financing of rural and underserved markets.
- Nonprofit Finance Fund (NFF): National CDFI providing loans, consulting, and Pay for Success advisory to nonprofits and social enterprises. Direct peer given shared Pay for Success/impact investing focus and similar nonprofit-serving lending model.
Broad incumbents
- Opportunity Finance Network: National membership association and intermediary for the CDFI industry, providing capital, policy advocacy, and capacity-building to over 400 member CDFIs including MetaFund. Industry association rather than direct lender, but sets standards and channels federal funding relevant to MetaFund's operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
MetaFund social profiles
Digital presenceMetaFund compliance and trust
Trust signalCompliance4 records
MetaFund financial estimates
Financial estimateRevenue estimate
Valuation estimate
MetaFund leadership team
Management profileNumber of profiles
Profiles13 records
MetaFund subsidiaries and ownership
Company hierarchySubsidiaries2 records
MetaFund funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MetaFund M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MetaFund
What does MetaFund do?
MetaFund is a nonprofit Community Development Financial Institution (CDFI) that provides flexible financing products including New Markets Tax Credits (NMTC), Business Lending (up to $1,000,000), Impact Loans, Pay for Success financing through the Oklahoma Impact Investing Collaborative, Program Related Investments (PRIs) from foundations, and Equity Equivalent Investments (EQ2) for bank partners. The organization also offers Consulting Services for nonprofits, governments, and philanthropic clients focused on community, economic, and workforce development in underinvested Oklahoma communities.
Is MetaFund a public or private company?
MetaFund is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was MetaFund founded?
MetaFund was founded in 1999. It employs 1 to 10 people.
Where is MetaFund based?
MetaFund is headquartered in Oklahoma City, United States, in the North America region.
How does MetaFund make money?
Five revenue lines are on record. Loan Interest and Fees are the primary driver. The others are program Related Investments (PRIs), bank EQ2 Investments, pay for Success Structure Fees and federal Grants.
Who are MetaFund's main competitors?
Direct peers on record are IFF (formerly Illinois Facilities Fund), Low Income Investment Fund (LIIF), BlueHub Capital, Calvert Impact Capital, Reinvestment Fund, Center for Community Self-Help, Capital Impact Partners, Coastal Enterprises Inc (CEI) and Nonprofit Finance Fund (NFF). Opportunity Finance Network is listed as a broad incumbent.
Does MetaFund have an API?
No public API is recorded for MetaFund.
What industry is MetaFund in?
MetaFund's product category is Community Development Finance. Its primary akta.pro industry code is BPAGALAA, Impact Investing & Social Finance (Funds, CDFIs, Microfinance), with a secondary code of FSAAABAH, Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments). Its NAICS code is 525 and its SIC code is 6111.