Reach Capital

Reach Capital is a prominent San Francisco-based venture capital firm dedicated to investing in technology solutions that address challenges across the education spectrum, from early childhood to the future of work. Spun out of the NewSchools Venture Fund in 2015, Reach Capital quickly established itself as a leading specialist in the EdTech sector. The firm's mission is to support visionary entrepreneurs who are building products and services designed to improve learning outcomes, enhance access to quality education, and prepare individuals for evolving workforce demands. Their strategic focus encompasses a broad range of educational technologies, including learning platforms, professional development tools, and solutions for educational equity.

The firm primarily targets Seed and Series A stage companies, seeking out innovative startups with strong potential for both financial returns and significant social impact. Reach Capital adopts a hands-on approach, leveraging its deep expertise and extensive network within the education ecosystem to provide strategic guidance and operational support to its portfolio companies. They are known for their commitment to fostering diverse and inclusive teams, believing that a variety of perspectives leads to more robust and effective educational solutions. This dual mandate of financial success and positive societal change underpins their investment philosophy, attracting founders who are equally driven by mission and market opportunity.

Reach Capital has demonstrated consistent growth in its investment capacity and reach. The firm successfully raised its first fund, Fund I, at $52 million in 2015, followed by Fund II at $87 million in 2018, and Fund III at $105 million in 2021. Their most recent fund, Fund IV, closed at a substantial $150 million, underscoring investor confidence in their specialized strategy and performance within the EdTech space. For initial investments, Reach Capital typically deploys checks ranging from $1 million to $5 million, though they also participate in follow-on rounds to support their portfolio companies' continued growth. This enables them to be a significant partner for early-stage EdTech ventures looking to scale their impact.