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