Reach Capital

Founded 2015
Founders Jennifer Carolan Shauntel Garvey

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

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.
Total investments 68
Average round size
info
The average size of a deal this fund participated in
$12M
Portfolio companies 47
Rounds per year 11.33
Lead investments 11
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.31
Exits 8
Key employees 6
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Education
  • EdTech
  • E-Learning
  • Software
  • SaaS
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

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Yay Lunch

EdTech
Food and Beverage
Food Delivery
$12M19 Nov 2021 Virginia, United States

EveryDay Labs

$8M01 Sep 2021 Redwood City, California, United States

Rhithm

EdTech
Information Technology
Software
$4M18 May 2021 Fort Worth, Texas, United States

Handshake

College Recruiting
Employment
Human Resources
Recruiting
$80M12 May 2021 San Francisco, California, United States

Aura Health

Alternative Medicine
Consumer
Content Discovery
Health Care
Mobile Apps
Personal Health
Wellness
$1M01 May 2021 San Francisco, California, United States

Outschool

Children
E-Learning
EdTech
Education
Information Technology
Marketplace
$75M14 Apr 2021 San Francisco, California, United States

Holberton School - Crunchbase School Profile & Alumni

EdTech
Education
Higher Education
Software Engineering
$20M24 Mar 2021 San Francisco, California, United States

Project Wayfinder

EdTech
Education
$1M03 Mar 2021 Berkeley, California, United States

Newsela

E-Learning
EdTech
Education
Language Learning
$100M25 Feb 2021 New York, New York, 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!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: