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Key people at Coastal Ventures.
Coastal Ventures was founded in 2004 by Rich Bravman (Founder & CEO).
Coastal Ventures manages socially responsible venture capital funds, identifying and cultivating growth-oriented businesses that create quality employment opportunities. The firm primarily focuses on regions often overlooked by conventional venture capital, providing capital investment and actively engaging with its portfolio companies. It offers expertise in socially responsible management practices, connecting businesses with resources for workforce development, environmental initiatives, and crucial technical assistance.
Established in 1994, Coastal Ventures was founded on the insight that private capital markets could be mobilized to achieve both strong financial returns and significant social objectives. The firm sought to invest in companies demonstrating the potential for both growth and a positive societal impact, particularly by fostering fair and engaging workplaces that offer living wages and essential benefits.
Coastal Ventures primarily invests in businesses committed to creating good jobs and fostering economic development within underserved communities. Its long-term vision is to drive impactful change by supporting enterprises that prioritize equitable employment practices, demonstrating that purpose-driven investment can yield substantial financial performance alongside meaningful societal benefits.
Key people at Coastal Ventures.
Coastal Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $3.4M Other Equity in Defendify in August 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 18, 2022 | Defendify | $3.4M Other Equity | JOE Powers | 3dot6 Ventures, FreshTracks Capital, Opus Ventures, Wasabi Ventures, York IE |
| Jun 30, 2022 | Ogee | $7.1M Series A | Matthew W. Strobeck | FreshTracks Capital |
Coastal Ventures was founded in 2004 by Rich Bravman (Founder & CEO).