
Able Partners
Description
Able Partners is a New York-based venture capital firm dedicated to investing in companies that promote health and well-being, with a strong focus on consumer and technology sectors. Founded by Lisa Blau, Nicole Gibbons, and Amanda E. Jones, the firm partners with passionate entrepreneurs building brands that enhance the daily lives of people, making them healthier, happier, and more fulfilling. Their investment thesis centers on identifying innovative businesses within the wellness ecosystem, spanning areas from personal care and nutrition to digital health and family-focused solutions.
The firm typically invests in companies at the Seed to Series A stages, often taking a lead or co-lead position in funding rounds. Able Partners is known for its hands-on approach, providing strategic support and leveraging its extensive network to help portfolio companies scale. Their diverse portfolio includes well-recognized brands such as Ritual, a leading vitamin subscription service; Oura, known for its smart rings; Lovevery, a developer of stage-based play essentials for children; and Modern Fertility, a women's health company.
Able Partners has demonstrated significant growth in its capital base, successfully raising three distinct funds. Their first fund closed at $30 million in 2018, followed by a $60 million second fund in 2021. Most recently, the firm announced the closing of its third fund at $100 million in September 2023, bringing their total capital under management to $190 million. Initial investments from Able Partners typically range from $1 million to $5 million, with capacity for follow-on investments as their portfolio companies mature and require additional capital.
Investor Profile
Able Partners has backed more than 71 startups, with 1 new investments in the last 12 months alone. The firm has led 1 rounds, about 1% of its total and boasts 8 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Finland.
- Strong thematic focus on Health Care, Wellness, Mental Health.
- Typical check size: $1M – $5M.
Stage Focus
- Seed (34%)
- Series A (23%)
- Series Unknown (20%)
- Series B (15%)
- Series C (8%)
Country Focus
- United States (94%)
- United Kingdom (1%)
- Finland (1%)
- Germany (1%)
- The Netherlands (1%)
Industry Focus
- Health Care
- Wellness
- Mental Health
- Food And Beverage
- Medical
- Fitness
- Women's
- E-commerce
- Organic Food
- Mobile Apps
Frequently Asked Questions
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