<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2016-07-21</finalEffectivenessDispDate>
        <finalEffectivenessDispTime>16:00:00</finalEffectivenessDispTime>
        <form>N-14</form>
        <filer>
            <cik>0001090372</cik>
            <entityName>Jacob Funds Inc.</entityName>
            <fileNumber>333-212101</fileNumber>
            <seriesClassContractData>
                <merger>
                    <acquiringCik>0001090372</acquiringCik>
                    <acquiringEntityName>Jacob Funds Inc.</acquiringEntityName>
                    <acquiringSeriesId>S000027365</acquiringSeriesId>
                    <acquiringSeriesName>Jacob Small Cap Growth Fund</acquiringSeriesName>
                    <acquiringClassContractId>C000119840</acquiringClassContractId>
                    <acquiringClassContractName>Institutional Class</acquiringClassContractName>
                    <targetCik>0001090372</targetCik>
                    <targetEntityName>Jacob Funds Inc.</targetEntityName>
                    <targetSeriesId>S000027366</targetSeriesId>
                    <targetSeriesName>Jacob Wisdom Fund</targetSeriesName>
                    <targetClassContractId>C000082575</targetClassContractId>
                    <targetClassContractName>Investor Class</targetClassContractName>
                </merger>
            </seriesClassContractData>
        </filer>
    </effectiveData>
</edgarSubmission>
