Fund profile
Socially Financed
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About
Socially Financed is a venture capital firm based in New York, focused on early-stage investments with a strong emphasis on social impact. Founded in 2020 by Aaron LaRue, Albert Cheng, and Stephen Sikes, the firm aims to invest in companies that generate both financial returns and measurable positive social outcomes. Their portfolio includes notable investments like AppFlowy and Plane, which highlight their commitment to fostering innovative solutions in software development and business productivity. Socially Financed operates under a mission to amplify the impact of their investments by offering comprehensive support, including mentorship and strategic guidance. They prioritize investments in sectors such as workforce and economic mobility, health, and housing. The firm has mobilized over $400 million towards improving lives and communities through various impact-first investment products, including the Google Career Certificates Fund and the Dreamers Graduate Loan Program. Their approach is to create partnerships that drive positive change, working closely with individuals, family offices, and foundations to direct capital towards impactful social and environmental outcomes. This strategy ensures that their investments not only yield financial returns but also contribute to a more inclusive and equitable society.
Details
Highlights
$2.9M
Historical average check
$19M
Historical max check
June 2023
Last investment date
23
Investments
Fintech & Financial services
Software & Apps
Real Estate & Proptech
Web 3.0
Gaming
Healthtech & Wellness
Lifestyle
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