Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Reach Capital

Founders Jennifer Carolan Shauntel Garvey

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 130
Average round size
info
The average size of a deal this fund participated in
$16M
Portfolio companies 86
Rounds per year 14.44
Lead investments 22
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.33
Exits 9
Key employees 6
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Education
  • EdTech
  • E-Learning
  • Software
  • Mobile Apps
Summary

Reach Capital appeared to be the VC, which was created in 2015. The venture was found in North America in United States. The leading representative office of defined VC is situated in the Palo Alto.

The increased amount of exits for fund were in 2019. This Reach Capital works on 23 percentage points less the average amount of lead investments comparing to the other organizations. The important activity for fund was in 2017. Considering the real fund results, this VC is 12 percentage points more often commits exit comparing to other organizations. The fund is generally included in 7-12 deals every year. The common things for fund are deals in the range of 5 - 10 millions dollars. The typical startup value when the investment from Reach Capital is 100-500 millions dollars.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. The fund has no exact preference in some founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the most popular portfolio startups of the fund, we may highlight Epic!, ClassDojo, Newsela. Among the most popular fund investment industries, there are Mobile Apps, Machine Learning.

The current fund was established by Jennifer Carolan, Shauntel Garvey. Besides them, we counted 6 critical employees of this fund in our database.

The typical case for the fund is to invest in rounds with 5-6 participants. Despite the Reach Capital, startups are often financed by Omidyar Network, New Markets Venture Partners, Morado Ventures. The meaningful sponsors for the fund in investment in the same round are Kapor Capital, GSV AcceleraTE, Rethink Education. In the next rounds fund is usually obtained by GSV AcceleraTE, Owl Ventures, University Ventures.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Reach Capital:
Typical Co-investors
Reach Capital is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Reach Capital:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Finch Finance 's-gravenhage, The Netherlands, Zuid-Holland
GC -
Junzi Capital Engineering California, Sacramento, United States
Koc Holding Istanbul, Istanbul, Turkey
Linde Bridgewater, New Jersey, United States
Potomac Energy Fund Frederick, Maryland, United States
Seavest Investment Group New York, United States, White Plains
Shanghai Pudong Science and Technology Investment -
Source of Qianhe Capital Beijing, Beijing, China
Underscore VC Boston, Massachusetts, United States

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Legends

Apps
Psychology
Training
Wellness
$6M12 Mar 2024 Glendale, California, United States

Stepful

Health Care
Professional Services
Training
$12M20 Feb 2024 New York, New York, United States

Coral Care

Health Care
Software
$1M23 Jan 2024 New York, New York, United States

Start Careers

Education
Recruiting
Software
$1M11 Dec 2023 Sao Paulo, São Paulo, Brazil

Clayful

Children
E-Learning
Mobile Apps
Wellness
$7M30 Nov 2023 Los Angeles, California, United States

Cartwheel

Health Care
mHealth
Therapeutics
Wellness
$20M26 Sep 2023 Cambridge, Massachusetts, United States

Curipod

EdTech
Education
$4M14 Sep 2023 -

Ello

Apps
Artificial Intelligence
E-Learning
Education
$15M07 Sep 2023 San Francisco, California, United States

Preply

E-Learning
EdTech
Education
Tutoring
$42M19 Jul 2023 Massachusetts, United States
News
EveryDay Labs Raises $8M in Series A Funding

– EveryDay Labs from Redwood City CA raised $8m in Series A funding.
– The round was led by Rethink Impact with participation from Reach Capital, Gary Community Ventures, City Light Capital, RedHouse Education, Edovate Capital Bonsal Capital and Copper Wire Ventures.
– The company intends to use the funds to scale its research-based communication tools.

Class Technologies Closes $105M Series B

– Class Technologies, an edtech platform, has raised a $105M Series B round.
– Led by the Softbank Vision Fund, the round also includes GSV Ventures, Emergence Capital, Maven Partners, Owl Ventures, Insight Partners, SWaN & Legend Venture Partners, Rise of the Rest Fund, Learn Capital, Reach Capital, Slow Ventures, Sound Ventures, Chimera Investment, Daher Capital, Guy Oseary, Bill Tai and Tom Brady.
– The company was founded by education software pioneer Michael Chasen.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Reach Capital?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 130
Average round size 16M
Rounds per year 14.44
Peak activity year 2021
Lead investments 22
Follow on index 0.33
Exits 9
Group Appearance index 0.95

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Legends

Apps
Psychology
Training
Wellness
$6M12 Mar 2024 Glendale, California, United States

Stepful

Health Care
Professional Services
Training
$12M20 Feb 2024 New York, New York, United States

Coral Care

Health Care
Software
$1M23 Jan 2024 New York, New York, United States

Start Careers

Education
Recruiting
Software
$1M11 Dec 2023 Sao Paulo, São Paulo, Brazil

Clayful

Children
E-Learning
Mobile Apps
Wellness
$7M30 Nov 2023 Los Angeles, California, United States

Cartwheel

Health Care
mHealth
Therapeutics
Wellness
$20M26 Sep 2023 Cambridge, Massachusetts, United States

Curipod

EdTech
Education
$4M14 Sep 2023 -

Ello

Apps
Artificial Intelligence
E-Learning
Education
$15M07 Sep 2023 San Francisco, California, United States

Preply

E-Learning
EdTech
Education
Tutoring
$42M19 Jul 2023 Massachusetts, United States
Crunchbase icon

Content report

The following text will be sent to our editors: