Ground Up Investing is an impact first investor

We unlock the potential of rural businesses and startups driving systemic change for marginalized communities

We back ambitious founders who are challenging the status quo in developing and frontier markets. Our investments improve the economic prospects for hardworking families and transform the ecological health and resilience of their farms and communities.

Our Story

Ground Up Investing was established in 2017 by Corus International organization Lutheran World Relief to augment and transform traditional development approaches.

Our first investment was in Mountain Harvest, a smallholder farmer-focused specialty coffee processing company, which was established to step in and convert a struggling coffee cooperative into a successful enterprise in eastern Uganda. Lutheran World Relief had been supporting farmers in the region for several years prior, and many of the coffee farmers who were in the coop are now part of the supplier network at Mountain Harvest.

Through this investment, Ground Up Investing acquired deep expertise in processing specialty coffee and developing equitable trade relationships. We’ve since expanded our impact investing practice, building a portfolio across coffee, cocoa, and high-value crop value chains. These companies include vertically integrated agribusinesses, consumer products businesses, and tech-enabled service providers.

Our capital partners include philanthropists, institutional funders, and foundations.

Our Team

Ground Up Investing is led by a management team with extensive and wide-ranging investing, entrepreneurial and economic development experience

Jeremy Bauman

Executive Director

Emilio Huertas

Latin America Director

Kenneth Barigye

East Africa Director

Nathan Létourneau

Senior Director, Finance

Louie Castriota

Direct Trade & Consumer Products Specialist

Lizzie Merrill

Senior Manager, Impact & Insights

Nico Herr

Coffee Quality & Marketing Specialist

Our Investment Advisory Committee

Jeff Trinklein, Chairperson

Partner, Gibson, Dunn & Crtucher LLP

Tracy Kartye

Director of Impact Investments, Annie E. Casey

Bill Clarke

President, Osprey Foundation

Bert Krueger

Former Chairman, Mayer Brown LLP

Rick Peyser

Former Head, Keurig Green Mountain Supply Chain

Phil Lindau

Former President, Commodity Specialists Company

Daniel V. Speckhard

President & CEO, Corus International

Mahmoud Bah

Chief Operating Officer, Corus International

Joe Carlin, Vice Chairperson

Former Vice President, Boeing

Will Gould

President, MidCap Financial