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Reach Capital

Reach Capital

A San Francisco based venture capital firm targeting investment in educational technology startups

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

Company
Description
Industry
Website
Location
Repl.it

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

Volley Labs is developing a knowledge engine leveraging AI and natural language processing to generate and reccomend ways to learn information on any topic.

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.

Epic! is a company founded by Suren Markosian.

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.

22 Results
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People

Name
Role
LinkedIn

Jennifer Carolan

Founder

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
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Companies

Company
CEO
Location
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News

Title
Author
Date
Publisher
Description
Natasha Mascarenhas
February 11, 2021
TechCrunch
Shauntel Garvey and Jennifer Carolan liked edtech before the sector was cool, so the duo co-founded Reach Capital in 2015 with a $53 million debut fund. The San Francisco-based venture firm has since put checks into education startups including Newsela, Sketchy, ClassDojo and Outschool, landing six exits so far. Now, after seeing its portfolio accelerate [...]
Meagan Simpson
March 12, 2020
BetaKit
Three Canadian startups have announced funding rounds. Here's the latest on who raised how much, from whom, and what they'll be putting the new funds toward.

References

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