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ACQUISITION PRESS RELEASE

Pacific Community Ventures Announces Acquisition of Radiant Data, Expanding
Its Technology & AI Capacity as part of the new 2030 Strategic Plan Launch

August 11, 2025

Oakland, CA—Pacific Community Ventures (PCV), a leading nonprofit Community Development Financial Institution (CDFI) and one of the country’s first impact investors, announced today the acquisition of Radiant Data, a technology and AI startup that partners with mission-driven firms, CDFIs, investors, funders, and catalytic family offices turning complex data into powerful stories of impact.

  • As part of PCV’s new five-year strategic plan, the Radiant Data acquisition solidifies PCV’s leadership in responsible technology and AI use, scaling its impact underwriting, data-driven impact measurement, and personalized business advising—particularly in ways that promote quality job creation and climate resilience.
  • The transaction closed June 30th integrating Radiant Data into PCV as the new Radiant Data Hub and fully acquiring the intellectual property for its AIKKA AI tool. With this integration, PCV is the first CDFI to publish a responsible AI and technology policy.
  • PCV’s new Radiant Data Hub will also provide technology and AI services to peer CDFIs, social enterprises, funders, and partners, including through data and AI governance, predictive modeling, qualitative data synthesis, and impact storytelling.

“Today’s announcement is rooted in the belief that the power of technology—especially AI—can and must be redirected to serve communities, entrepreneurs, and workers, not just concentrated in the hands of a few” said Bulbul Gupta, PCV’s President and CEO. “As a Bay Area-based impact investing innovator, PCV is uniquely positioned to chart a path toward a future where technology and AI augment human potential, not replace people, advancing economic dignity and mobility for all. Building on years of leadership in responsible technology and AI use, co-creating capital solutions with communities, PCV is thrilled to deepen our Restorative Capital values and scale our impact-first investing with Radiant Data as part of our team.”

Through its Restorative Capital model, PCV works to close capital access gaps for underestimated small business owners with some of the most affordable capital available, while providing tailored solutions that strengthen their long-term financial health and advance economic dignity and climate resilience in their communities. Since its founding in 1998, PCV has deployed over $65 million in patient capital across California.

By 2030, PCV aims to deploy $100 million in restorative capital, $30 million in energy efficiency capital for small businesses, and help create 100,000 good and green jobs across our communities and Main Streets. The Radiant Data acquisition is integral to realizing PCV’s vision over the next five years to deepen its use of responsible technology and AI to:

  • Harness predictive analytics to grow the lending portfolio to $100M.
  • Deepen access to capital, wealth building opportunities, and 100K Good Jobs throughout California leveraging predictive underwriting.
  • Build and scale worker-centered solutions by harnessing worker voice through the acquisition of proprietary AIKKA application IP.
  • Develop new markets of climate economy and wealth building opportunity through nuanced client insights.
  • Create space for human connection critical to co-imagining fund innovations through Indigenous, place-based, and other high impact partnerships.

This acquisition reinforces PCV’s leadership in the CDFI field as an impact-first investor and innovator, building on our long-standing leadership in impact measurement, impact underwriting, and data analytics that uplift economic dignity and human potential through the power of small businesses and Good Jobs.

Founded in 2021, Radiant Data brings deep expertise in combining qualitative and quantitative insights to rehumanize data with community voices and transform data insights into actionable strategies. With a shared belief in the power of financial services as tools for wealth-building via job creation and business growth, Radiant’s work aligns closely with PCV’s mission to advance economic dignity and mobility for all.

“From the very beginning of our partnership in 2021, it was clear that PCV shared our commitment to investing in data, analytics, and technology to amplify community voices and deepen impact for underserved entrepreneurs and workers,” said Sachi Shenoy, Radiant Data Chief Executive Officer, now PCV’s Chief Data Officer. “This is a team that is unafraid to harness technological innovations to further its mission, and now by joining forces we can rapidly expand access to ethical, human-centric AI-powered innovations.”

The transaction closed June 30th, and subject to customary closing conditions, the Radiant team is now fully integrated into PCV as the new Radiant Data Hub team. The integration plan includes both Radiant Data Hub and the intellectual property of its AIKKA AI tool. Shenoy has assumed the role of Chief Data Officer for PCV, with current Radiant Staff following suit in commensurate roles in the newfound Radiant Data Hub. The financial terms of the deal were not disclosed.

Read more about the acquisition in this ImpactAlpha article written by PCV’s CEO, Bulbul Gupta, and Radiant Data co-founder, Sachi Shenoy, now PCV’s Chief Data Officer.

See the launch of PCV’s 2025-2030 Restorative Capital strategy here, along with their new responsible Technology and AI policy.

About Pacific Community Ventures

PCV is a nonprofit community impact investor and a federally and state-certified community development financial institution (CDFI) that supports underserved small business owners with access to Restorative Capital, Climate Resilience, Pro Bono Business Advising, and research and advocacy from our Good Jobs Innovation Lab. Through acquisition of Radiant Data, PCV is doubling down on its commitment to mission-driven innovation by leveraging technology and AI as tools to advance Good Jobs for economic dignity, mobility, and human potential. PCV works to harness the benefits of machine learning to reach more clients, accelerate capital deployment that reduces bias and builds authentic relationship with small businesses and communities through human-centric technical solutions.

About Radiant Data

Now part of PCV, the Radiant Data Hub operates at the intersection of data, AI, and impact storytelling. Radiant Data Hub partners with CDFIs, impact-first investors, and philanthropic funders to rehumanize insights by blending qualitative and quantitative data into powerful narratives that mobilize action. With a deep commitment to improving financial inclusion for underestimated communities, Radiant Data believes financial services are more than transactions but are transformative levers for job creation, wealth-building, expanded access, inspired entrepreneurship, and lasting economic equity.

To learn more about PCV’s expanded services, visit www.pacificcommunityventures.org.

Media & Partner Contact:

Ksenia Shadrina

Senior Policy & Communications Advisor

Kshadrina@pcvmail.org

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