Fund profile
Reinventure Capital
Boston, United States
Leading
About
Reinventure Capital is a mission-driven venture capital firm focused exclusively on investing in U.S.-based companies led by Black, Indigenous, and People of Color (BIPOC) and/or female founders. Founded by Edward Dugger III, a pioneer in impact investing, Reinventure seeks to address the persistent racial and gender inequities in venture capital. The firm’s strategy targets companies that are at breakeven and poised for profitable growth, aiming to deliver both financial returns and meaningful social impact. Reinventure Capital operates with a philosophy of "radical innovation, solid returns," and it emphasizes the importance of investing in underrepresented founders as a pathway to generating wealth and economic opportunity. The firm’s portfolio spans various sectors, including technology, healthcare, and financial services, and it has a track record of high-impact investments that also achieve top-quartile financial returns. The leadership team at Reinventure brings decades of experience in venture capital, business development, and social justice, making them uniquely positioned to support the next generation of diverse entrepreneurs. Their approach is grounded in a deep commitment to economic justice and a belief in the untapped potential of underrepresented founders to drive innovation and growth.
Details
Highlights
$7.2M
Historical average check
$32M
Historical max check
January 2024
Last investment date
7
Investments
Media, Events & Entertainment
Advertising & Marketing
Software & Apps
Education
Transportation & Mobility
Other
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