Reach Capital

What Reach Capital does

Reach Capital is a San Francisco-headquartered early-stage venture capital firm founded in 2015 by Jennifer Carolan, Wayee Chu, and Esteban Sosnik after they spun out of NewSchools Venture Fund (NSVF), where the founding partners had launched the NewSchools Seed fund in 2011 and the Zynga co.lab accelerator, completing more than 40 early-stage investments including Newsela, Nearpod, and ClassDojo. The firm invests in mission-driven founders across three interconnected sectors—Learning, Health, and Work—deploying capital from Pre-seed through Series A in check sizes that range from $100K at the Pre-seed stage to over $12M in later rounds, with a portfolio of more than 140 companies that includes category leaders such as Replit, ClassDojo, Handshake, Lovevery, Brilliant, Stepful, and Cartwheel.

The firm's platform extends beyond capital deployment into a suite of founder services and proprietary knowledge assets: a curated Playbooks library covering fundraising, hiring, product, and sales; a proprietary Reach Impact Framework tracking portfolio companies along Access, Scale, and Quality dimensions, with annual sector impact reports (Reach II 2020, K-12 2022/2024, Higher Ed 2023, Healthcare 2025); an emerging AI diligence infrastructure built around Senior Associate Harry Luo's open-source vc-diligence-skill agent repository; an owned The Wire newsletter; a Conference Calendar; a portfolio Jobs Board; and a technical-talent community called Repo. Reach's go-to-market is community-led and event-driven, anchored in long-running convenings such as Founders' Day (held since 2012), monthly AMAs, and intimate dinners co-hosted with SVB and Ulu Ventures, supported by an advisory network spanning ADP, Boeing, IBM, Goldman Sachs, Kraft Heinz, Stanford Medicine Children's Health, One Medical, and Cambridge Health Alliance.

Reach generates revenue through standard venture fund economics: management fees on assets under management across multiple successor funds (Reach II and subsequent vehicles are referenced), carried interest on fund performance, and capital gains on portfolio exits, with Nearpod's $650M sale to Renaissance standing as a notable realized liquidity event. The firm does not publicly disclose AUM, fund size, management fee rates, or LP composition, and its team of 11–50 employees is distributed with primary operations in the San Francisco Bay Area and ecosystem presence in New York.

Name

Reach Capital

Legal name

Reach Capital

Website

https://reachcapital.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Reach Capital is a San Francisco-based early-stage venture capital firm founded in 2015 that invests in mission-driven founders across Learning, Health, and Work sectors, deploying $100K to $12M+ checks from Pre-seed through Series A across a 140+ company portfolio.

Ownership category

akta.pro rank

Product category

Early-Stage Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Intermediation (52391)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

akta.pro secondary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Early-stage venture capital
• Pre-seed startup investing
• Edtech venture capital
• Impact venture investing
• Healthcare startup funding

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Fund Management & Investment Returns: As an early-stage venture capital firm founded in 2015, Reach Capital raises capital from limited partners and deploys it across Pre-seed, Seed, and Series A rounds. The firm generates returns through capital gains on successful portfolio exits (e.g., Nearpod's $650M exit to Renaissance), management fees on assets under management, and carried interest on fund performance. Reach has invested in over 140 companies across learning, health, and work since inception.

Pricing tiers

Go-to-market motion2 records

Marketing channels9 records

Core offering

Reach Capital is an early-stage venture capital firm founded in 2015 that invests across three interconnected sectors — Learning, Health, and Work. The firm raises capital from limited partners and deploys it in Pre-seed, Seed, and Series A rounds, with check sizes typically ranging from $100K (Pre-seed) to upwards of $12 million for later-stage startups. Reach has invested in over 140 companies and supplements capital with hands-on founder support including hiring, go-to-market strategy, product development, and access to an operator network.

Product overview

Reach Capital is a venture capital firm rather than a traditional software product company. Its core offering is its early-stage venture capital fund investing across three interconnected focus areas: Learning, Health, and Work. The firm's overarching platform consists of the main Reach Capital website (reachcapital.com) with sector-specific investment pages, the Reach Platform for founder services, the Playbooks resource library, The Wire newsletter, the Conference Calendar, the Reach Scouts community, and the Jobs Board (jobs.reachcapital.com) plus Repo talent community. Reach supports its portfolio of over 140 companies through distinct programs: Founders' Day events, monthly AMAs, workshops, and the Founder Services platform providing go-to-market support, hiring assistance, knowledge resources, and fundraising preparation. Content outputs include the annual State of Early-Stage Fundraising report, Big Ideas series (Learning, Health, Work), Impact Reports (Healthcare 2025, K-12/Workforce 2024, Higher Ed 2023, K-12 2022, Reach II 2020), and ongoing thought leadership articles.

Differentiator

Problem solved

Functional benefit

Products and services

• Reach Capital Fund (Pre-seed, Seed, Series A Investments) Early-stage venture capital fund investing in Pre-seed, Seed, and Series A rounds across learning, health, and work sectors; over 140 portfolio companies to date.
• The Wire Newsletter Reach Capital's owned email newsletter providing updates on portfolio investments, sector insights, and thought leadership for the learning, health, and work communities.
• Playbooks Library Curated collection of founder resources across Market Sector and Topic categories including Benchmarks, BizOps, Board Management, Customer Success, Fundraising, HR & Hiring, Market Research, Marketing & PR, Privacy & Legal, Product, and Sales — combining original Reach materials with trusted third-party content.
• Reach Platform (Founder Services) Service offering providing portfolio founders with go-to-market support, hiring assistance, design support, product testing, content development, user discovery, fundraising preparation, and access to curated playbooks.
• Conference Calendar Curated public calendar of workforce, healthcare, and education conferences and industry events organized by sector associations and industry groups, with tips for founders on maximizing event ROI.
• Repo (Technical Talent Community) Jobs community for early-stage technical talent connecting software engineers and technical candidates with opportunities at Reach Capital portfolio companies.
• Reach Impact Reports
• State of Early-Stage Fundraising Report
• Founders' Day Event
• AMAs (Ask Me Anything)
• Portfolio Jobs Board

Quantifiable outcome

• Over 140 portfolio companies invested in across learning, health, and work since 2015
• +4 more outcomes

Named customers32 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Stanford Medicine Children's Health (Rick Majzun)coreStrategic or Co-development PartnerRick Majzun, President and COO of Stanford Medicine Children's Health, joined Reach Capital as a healthcare advisor in 2026, bringing leadership experience from a major health system to support Reach's health portfolio companies.
• Kraft Heinz Company (Pamay Bassey)coreStrategic or Co-development PartnerPamay Bassey, formerly of Kraft Heinz Company and BlackRock, serves as a Reach Capital advisor supporting work portfolio companies with talent, learning, and development expertise.
• Boeing (Guillermo Miranda)coreStrategic or Co-development PartnerGuillermo Miranda, formerly of Atlas Copilot, Boeing, and IBM, serves as a Reach Capital advisor for the work sector, bringing executive experience from major aerospace and technology corporations.
• Goldman Sachs (David Landman)coreStrategic or Co-development PartnerDavid Landman, formerly of HR Elevate and Goldman Sachs, serves as a Reach Capital advisor for the work sector.
• One Medical / Cambridge Health Alliance (Stuart Parmenter, Dr. Hannah Galvin)coreStrategic or Co-development PartnerStuart Parmenter (formerly One Medical, Rise Labs, Mozilla, Netscape) and Dr. Hannah Galvin (Cambridge Health Alliance, Harvard Medical School) serve as Reach Capital health advisors, bringing clinical and digital health expertise to portfolio companies.
• ADPcoreStrategic or Co-development PartnerReach Capital's work advisory board includes talent and learning leaders from ADP and other major global brands. Reach's portfolio founders gain access to these talent, learning, and development executives.
• IBMcoreStrategic or Co-development PartnerReach Capital's work advisory board includes executives from IBM and other major global brands including Boeing, Kraft Heinz, and Goldman Sachs, supporting portfolio founders in talent and workforce strategies.
• SVBminorStrategic or Co-development PartnerSVB co-hosted with Reach Capital and Ulu Ventures a Women in Healthcare Dinner in the NYC healthcare ecosystem, supporting female founders and operators in the healthcare space.
• Ulu VenturesminorStrategic or Co-development PartnerUlu Ventures co-hosted with Reach Capital and SVB a Women in Healthcare Dinner in the NYC healthcare ecosystem, supporting female founders and operators in the healthcare space.
• MicrosoftminorGTM or Marketing PartnerReach Capital made key introductions to Microsoft on behalf of portfolio company Replit, supporting enterprise partnership development for the AI software creation platform.
• Stepful (Healthcare System Partners)coreOthersPortfolio company Stepful works with 35+ major healthcare systems including Ochsner Health, Providence Foundation Health Partners, Ohio State University Physicians, and Mount Sinai, deploying its healthcare training platform at enterprise scale.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Ulu Ventures: Ulu Ventures is a seed-stage VC investing in EdTech and enterprise software, with a particular emphasis on Stanford-affiliated founders. Reach has co-hosted events with Ulu Ventures, and the two firms overlap materially in Learning and enterprise SaaS deal flow.

Direct peers

• Kapor Capital: Kapor Capital is an early-stage impact VC investing in EdTech, health, and future-of-work startups with a focus on closing opportunity gaps. Highly comparable to Reach in sector specialization, mission-driven mandate, and check size profile.
• NewSchools Venture Fund: NewSchools Venture Fund is the predecessor institution from which Reach Capital's founding partners spun out in 2015. It continues to invest in education ventures and is directly comparable in EdTech/learning focus and mission orientation.
• Learn Capital: Learn Capital is a dedicated EdTech venture capital firm investing across the learning lifecycle from early childhood through workforce. Directly comparable to Reach's Learning pillar in deal stage and category focus.
• GSV Ventures: GSV Ventures is an EdTech-focused fund that has invested in many of the same category leaders as Reach (including Outschool). It is a direct competitor for EdTech seed and Series A deals.
• Owl Ventures: Owl Ventures is one of the largest dedicated EdTech venture capital firms, investing across stages in learning and workforce technology. It is the closest direct competitor to Reach's Learning pillar, often co-investing or competing for the same K-12 and higher-ed deals.

Broad incumbents

• Emerson Collective: Emerson Collective is a mission-driven investment and philanthropy organization with significant EdTech and impact exposure. Comparable as a broader impact investor overlapping with Reach's Learning and Work verticals.
• Omidyar Network: Omidyar Network is a philanthropic investment firm focused on impact across education, economic opportunity, and governance. Comparable in mission and sector overlap, though with a broader portfolio and larger check sizes.

Emerging players

• Rethink Education: Rethink Education is an early- and growth-stage EdTech venture fund. Comparable to Reach in K-12 and higher-ed focus, though generally deploys larger checks at later stages.

Others

• Charter School Growth Fund: Charter School Growth Fund is a non-profit impact investor in K-12 education that co-led Reach's Journify Learning seed round. Comparable as a co-investor in mission-driven education deals and adjacent as a sector-aligned impact investor.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@reachcapital
• LinkedInlinkedin.com/company/reach-capital
• Xx.com/reachfund

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments213 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Reach Capital