Reach Capital is a venture capital firm headquartered in San Francisco. It was founded in 2015 by Jennifer Carolan and Shauntel Garvey. The firm was started by former educators and educational product managers whose goal was to empower educators and learners through technology and expand educational access and opportunities. It targets investment in innovative education technology startups.
Reach's initial fund was valued at $53 million and focused on K-12 educational products. The company launced its second fund in 2018 with aim of expanding the firm's financial reach past K-12 focused startups and into secondary education, continuing education, early childhood development, and financial technology that assists students. Reach Capital II was valued at $85 million.
Timeline
Funded Companies
Repl.it is a San Francisco-based IDE and software development environment company making a browser application platform for coding in over 50 programming languages.
A company developing a virtual science expert as aid to STEM elementary teachers
Newsela is an Instructional Content Platform.
Lingokids is a San Francisco-based company.
FutureFuel.io provides a platform to help employees pay down their student debts.
Volley Labs is developing a knowledge engine leveraging AI and natural language processing to generate and reccomend ways to learn information on any topic.
A community marketplace of classes for kids
AdmitHub is an artificial intelligence and chatbot company offering educational organizations a system for recruiting, enrolling, retaining, and advancing students in an automated way.
Winnie enables parents to search local child care providers, including daycare and preschools for their children. Winnie provides parent-trusted child care resources and community.
Company
PeopleGrove is a company founded by Reilly Davis.
Aura Health is a San Francisco-based machine learning company.
Tinkergarten provides early childhood education with outdoor classes and activities. They match families with local community leaders who offer play-based classes.
Mrs. Wordsmith is a London-based company.
Frank is a New York-based company.
Lightneer is a Finland-based company.
Software for master scheduling for schools.
