Impellent Ventures pairs technology and talent from established entrepreneurial ecosystems with emerging clusters, backing founders in underserved areas like upstate New York and the Rust Belt while also investing internationally, as shown by leading Evergrowth's pre-seed round in Lithuania. The fund operates as both a venture capital firm and a venture builder, with leaders like managing partner David Brown and general partner Tariq "Black Thought" Trotter—who has helped widen access for Black entrepreneurs—serving on the boards of portfolio companies such as 8B Education Investments.