Include Venture Partners

ActiveVenture Capital

Updated: Jan 6, 2026 ·

About

Include Ventures is a U.S. based fund of funds that invests at the intersection of Alpha and Impact, focusing on building relationships and trust in the VC and PE Impact space.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2022	Resilia	$35.0M Series B	—	42Phi Ventures, 9Yards Capital, Accel, Advisors Fund LLC, Asylum Ventures, ATX Venture Partners, Backstage Capital, Bessemer Venture Partners, Bungalow Capital, Collab Capital, Collaborative Seed & Growth Partners, Cultivation Capital, Digital Currency Group, Jenny Fielding, Scott Hartley, Expert Dojo, Fenway Summer, Fika Ventures, First Round Capital, F-Prime Capital Partners, Framework Venture Partners, Gaingels, General Catalyst, GreaterGoodSociety, Haystack, LocalGlobe, M34 Capital, Mucker Capital, NewMe Accelerator, North Island Ventures, Otherwise Fund, Pillar VC, RareBreed Ventures, Sequoia Capital, Share Ventures, TechSquare Labs, Upfront Ventures, Vibe Capital, Aaron Skonnard, Azeem Azhar, Baron Davis, Eric Rea, Esther Dyson, John M. Mueller, Mathilde Collin, Mike Hudack, Oscar Pierre, Sahil Lavingia, Sahin Boydas, Sam Palmisano, Scott Belsky, Zachary Sims
Jul 1, 2022	ImIn	$1.0M Seed	—	42Phi Ventures, Accel, Backstage Capital, Collab Capital, Haystack, M34 Capital, NewMe Accelerator, RareBreed Ventures, Share Ventures, TechSquare Labs, Upfront Ventures, Aaron Skonnard, Baron Davis, Eric Rea
Apr 1, 2022	Hairtelligence	$5.0M Seed	—	42Phi Ventures, Accel, Backstage Capital, Collab Capital, Convoz, Haystack, M34 Capital, NewMe Accelerator, RareBreed Ventures, Serena Ventures, Share Ventures, TechSquare Labs, Upfront Ventures, Aaron Skonnard, Baron Davis, Eric Rea
Mar 1, 2022	Donde	$3.0M Seed	—	42Phi Ventures, Accel, Backstage Capital, Collab Capital, Haystack, M34 Capital, NewMe Accelerator, RareBreed Ventures, Share Ventures, TechSquare Labs, Upfront Ventures, Baron Davis, Eric Rea
Jul 1, 2021	Acquire.com	$6.0M Seed	—	10100, 2xN, 42Phi Ventures, 8VC, Kevin Hartz, Accel, Acrew Capital, Active Capital, Adapt Ventures, AirAngels, Alliance Healthcare Foundation, Altair Capital Management, Alt Capital, Alumni Ventures, Andreessen Horowitz, Angel investor, AngelList, Anthemis Group, Anti fund, Array Ventures, Audacious Ventures, Authentic Ventures, Awesome People Ventures, Awesome Ventures, Backstage Capital, Bain Capital, Bain Capital Ventures, Base10 (Base10 Partners), TJ Nahigian, Bedrock Capital, Bessemer Venture Partners, Bond, BoxGroup, Brainchild, Breakthrough Energy Ventures, Browder Capital, C2 Investment, Capital Factory, CapitalX, Chemistry VC, Chicago Ventures, Climate Capital, Collab Capital, Color Capital, Comal Ventures, Contrary Capital, Convective Capital, Craft Ventures, Cubit Capital, Cyphr VC, Daffy, Define Ventures, Dell Technologies Capital, Kevin Ding, DOMO Invest, Elephant Partners, Emergent Ventures, Fifth Wall, FirstMark Capital, FJ Labs, Foundation Capital, Founder Collective, Founders Fund, FreshTracks Capital, General Catalyst, Greylock, Harlem Capital, Haystack, Heavybit, Helion Venture Partners, Helium-3 Ventures, Hyde Park Venture Partners, Hyper, IDEO CoLab Ventures, Immeasurable, Infinite Niches, Initialized Capital, In-Q-Tel, Intuition Capital, Investo, Jetstream, JLL Spark, KAAN Ventures, Kepler Operator’s Fund, Kima Ventures, LAUNCH, Lightspeed Venture Partners, LocalGlobe, Locus Ventures, Logos Labs, LOI Venture, LombardStreet Ventures, Long Journey Ventures, M13, M34 Capital, Mucker Capital, Musha Ventures, NewMe Accelerator, NextView Ventures, Not Boring Capital, Notion Capital, Offline Ventures, Operator Collective, Anh-Tho Chuong Degroote, OS Fund, Outcast Ventures, Outlander Labs, Paradigm, Paradox Capital, Pareto Holdings, Pioneer Fund, Point72 Ventures, Positive Sum VC, Practical Venture Capital, Predictive VC, Proton Enterprises, Prototype Capital, Quartz, Rainfall Ventures, Range VC, RareBreed Ventures, Ravelin Capital, Redpoint Ventures, REMUS Capital, Rising Tide Partners, SaaSholic Fund, Saga, SailPoint, Sandalphon Capital, Scale Asia Ventures, Sequoia Capital, Shaan's All Access Fund, Share Ventures, Shield Capital, Shrug Capital, Silence, Slow Ventures, SNR, Soma Capital, SRB Ventures, Starship Ventures, TechSquare Labs, Techstars, The Club, The Hit Forge, Thirty Five Ventures, Todd and Rahul's Angel Fund, Trajectory Ventures, Tribe Capital, Trucks Venture Capital, Trust Fund, Twenty Two Ventures, Uncork Capital, Upfront Ventures, Upside Partnership, Venrock, Vertical Venture Partners, Vibe Capital, Victress Capital, Alex Rodriguez, Weekend Fund, WorkLife Ventures, Y Combinator, York IE, Aaron Skonnard, Adam Guild, Alex Lieberman, Anthony Pompliano, Babak Nivi, Baron Davis, Ben Tossell, Bryce Hall, Catherine Wood, Chris Herd, Chris Murphy, Cory Levy, Daniel Kan, Dharmesh Shah, Dylan Field, Eric Rea, Evan Moore, Frederic Kerrest, Gabriel Jarrosson, Greg Isenberg, Griffin Johnson, Harry Hurst, Ian Hogarth, Immad Akhund, Jaime Schmidt, James Park, Jesse Leimgruber, Jonathan Wasserstrum, Joshua Webster, Julian Shapiro, Justin Mateen, Justin Welsh, Karim Atiyeh, Keith Masback, Kevin Hart, Kunal Shah, Kyle Vogt, Kyle York, Larry Gadea, Marc Benioff, Marcy Simon, Mark Benning, Mathilde Collin, Matt Bellamy, Matt Gibstein, Matthew Dellavedova, Max Mullen, Moshe Lifschitz, Musaab Hakami, Nate Cavanaugh, Paulo Silveira, Paul Yacoubian, Priyank Chandra, Quinn Slack, Rajiv Bala, Rich Miner, Ron Pragides, Roxanne Varza, Sahil Lavingia, Sahin Boydas, Sam Altman, Sam Parr, Scott Belsky, Scot Wingo, Siqi Chen, Steve Schlafman, Tony Jamous, Vinay Hiremath, Yumin Choi, Zach Segal, Zack Kanter
Jul 1, 2021	Plerk	$1.0M Seed	—	42Phi Ventures, Accel, Amadeus Capital Partners, Backstage Capital, Collab Capital, EWA Capital, Haystack, Iluminar Ventures, Latitud, M34 Capital, Magma Partners, NewMe Accelerator, RareBreed Ventures, Share Ventures, Soma Capital, Sommet AB, TechSquare Labs, Twenty Two Ventures, Upfront Ventures, Upload Ventures, Aaron Skonnard, Baron Davis, Claire Diaz-Ortiz, Eric Rea, Javier Diaz Evans, Miguel Mc Allister
Jun 1, 2021	Givingli	$4.0M Seed	—	186 Ventures, 2xN, 42Phi Ventures, Kevin Hartz, Accel, Afore Capital, Andreessen Horowitz, Backstage Capital, Caffeinated Capital, Cherry Ventures, Coatue, Collab Capital, Construct Capital, Countdown Capital, Craft Ventures, Cubit Capital, Electric Capital, Flexcap, Floodgate, Founders Fund, Goat Capital, Gumi Cryptos Capital, Haun Ventures, Haystack, Incisive Ventures, Lux Capital, M34 Capital, Monta Vista Capital, NewMe Accelerator, NOMO Ventures, Paradigm, Picus Capital, RareBreed Ventures, Ravelin Capital, Saga, Scalar Capital, Seven Seven Six, Share Ventures, Sound Ventures, Stash Ventures, TechSquare Labs, The Hit Forge, Thirty Five Ventures, Upfront Ventures, Y Combinator, Aaron Skonnard, Andrew Steinwold, Balaji Srinivasan, Ben Silbermann, Chris Schaepe, Dylan Field, Eric Rea, Julian Wright, Justin David Blau, Justin Mateen, Koen Koeppen, Mark Cuban, Regan Bozman, Rob May, Rob Meyerson, Scott Belsky, Tim Ferriss
May 1, 2021	Rally	$30.0M Series B	—	42Phi Ventures, Accel, Backstage Capital, Better Tomorrow Ventures, Collab Capital, Drive Capital, FJ Labs, Haystack, M34 Capital, Matchstick Ventures, NewMe Accelerator, RareBreed Ventures, Rucker Park Capital, Share Ventures, Social Leverage, TCG (The Chernin Group), TechSquare Labs, Techstars, Upfront Ventures, Aaron Skonnard, Baron Davis, Eric Rea, Mark Pincus
May 1, 2021	Esper	$30.0M Series B	—	42Phi Ventures, Accel, Alumni Ventures, Backstage Capital, Bascom Ventures, Battery Ventures, Collab Capital, Energy Impact Partners, Haystack, M34 Capital, Madrona Ventures, NewMe Accelerator, O'Reilly AlphaTech Ventures, Parkway VC, Pioneer Fund, Qualcomm Ventures, RareBreed Ventures, Root Ventures, Sapphire Ventures, Scale Venture Partners, Sequoia Capital, Share Ventures, SOSV, Spero Ventures, TechSquare Labs, Ubiquity Ventures, Upfront Ventures, Aaron Skonnard, Alain Hanover, Baron Davis, Eric Rea, Naveen Jain
Mar 1, 2021	Bevy	$40.0M Series C	—	2045 ventures, 42Phi Ventures, Accel, ACME Capital, Acre Venture Partners, Alpha Edison, Altalurra Ventures, Andreessen Horowitz, Backstage Capital, Chingona Ventures, Collab Capital, Jenny Fielding, Scott Hartley, Gaingels, Ganas Ventures, Haystack, Jett Fein, Insight Partners, M13, M34 Capital, NewMe Accelerator, New Voices Fund, NFX, Openview Venture Partners, OVO Fund, Plug & Play Ventures, RareBreed Ventures, Reign Ventures, Serena Ventures, Seven Seven Six, Share Ventures, SNR, Soma Capital, Supply Change Capital, TechSquare Labs, Tribe Capital, Twenty Two Ventures, Ulu Ventures, Upfront Ventures, Vamos Ventures, Vitalize Venture Group, Y Combinator, Zeev Capital, Aaron Skonnard, Baron Davis, Bradley Horowitz, Charlie Songhurst, Dennis Steele, Eric Rea, George Ruan, Matt Brezina
Dec 1, 2020	Bot MD	$5.0M Series A	—	42Phi Ventures, Accel, Backstage Capital, Collab Capital, Floodgate, Haystack, M34 Capital, NewMe Accelerator, RareBreed Ventures, SeaX Ventures, Share Ventures, TechSquare Labs, Upfront Ventures, Vertex Ventures HC, Y Combinator, Aaron Skonnard, Baron Davis, Eric Rea
Feb 1, 2020	Esper	$8.0M Series A	—	42Phi Ventures, Accel, Alumni Ventures, Backstage Capital, Bascom Ventures, Collab Capital, Energy Impact Partners, Haystack, M34 Capital, Madrona Ventures, NewMe Accelerator, O'Reilly AlphaTech Ventures, Parkway VC, Pioneer Fund, Qualcomm Ventures, RareBreed Ventures, Root Ventures, Sequoia Capital, Share Ventures, SOSV, Spero Ventures, TechSquare Labs, Ubiquity Ventures, Upfront Ventures, Aaron Skonnard, Alain Hanover, Baron Davis, Eric Rea, Naveen Jain, Bessemer Venture Partners, Cota Capital, DFJ, Streamlined Ventures, Thomson Reuters Ventures, Threshold Ventures
Aug 1, 2018	Bot MD	$2.0M Seed	—	42Phi Ventures, Accel, AME Cloud Ventures, Backstage Capital, City Light Capital, Collab Capital, First Round Capital, Floodgate, M.G. Siegler, Hardware Club, Haystack, Klossy, KRM Interests LLC, M34 Capital, NewMe Accelerator, Next Play Ventures, Night Capital, Owl Capital, Pareto Holdings, Point72 Ventures, RareBreed Ventures, SeaX Ventures, Share Ventures, Spark Capital, SV Angel, TechSquare Labs, Upfront Ventures, Aaron Skonnard, Baron Davis, Charlie Cheever, Eric Rea, Jeremy Stoppelman, Mark Pincus, MG Siegler, Mike Krieger, Scott Belsky, Spencer Kimball, Taz Patel
May 1, 2018	Esper	$4.0M Seed	—	42Phi Ventures, Accel, Alumni Ventures, Backstage Capital, Bascom Ventures, Collab Capital, Energy Impact Partners, Haystack, M34 Capital, NewMe Accelerator, O'Reilly AlphaTech Ventures, Parkway VC, Pioneer Fund, Qualcomm Ventures, RareBreed Ventures, Root Ventures, Sequoia Capital, Share Ventures, SOSV, Spero Ventures, TechSquare Labs, Ubiquity Ventures, Upfront Ventures, Aaron Skonnard, Alain Hanover, Baron Davis, Eric Rea, Naveen Jain

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Include Venture Partners.

Taj Ahmad Eldridge

General Partner

Leadership Team

Key people at Include Venture Partners.

Taj Ahmad Eldridge

General Partner

Deep Dive

High-Level Overview

Include Ventures is a San Francisco-based fund of funds manager founded in 2020 that invests at the intersection of alpha (financial returns), inclusion, and sustainability. The firm focuses on accelerating investment into emerging fund managers, particularly those led by women, Black, Latinx, Indigenous, and LGBTQ individuals, aiming to unlock untapped market opportunities and drive both strong financial returns and social impact. Its key sectors include cleantech, edtech, healthtech, fintech, and media, primarily in North America. Include Ventures operates within a holistic ecosystem that supports emerging managers and founders, fostering innovation and sustainable economic growth while addressing diversity and inclusion gaps in venture capital[1][2][5][6].

Origin Story

Include Ventures was launched as part of the broader VC Include platform, which was created in 2018 by Bahiyah Yasmeen Robinson, a recognized thought leader in asset management and impact investing. The firm officially formed in 2020 with key partners including Robinson and Taj Eldridge, who brings experience from banking and entrepreneurship. The idea emerged from the recognition that traditional venture capital overlooks vast opportunities by underinvesting in diverse founders and fund managers. Early traction includes managing a $250 million fund split between investments in Black and Brown-led fund managers and direct investments, emphasizing environmental, social, and governance (ESG) criteria[1][4][6].

Core Differentiators

Unique Investment Model: Focuses on emerging fund managers from underrepresented groups, combining alpha generation with impact investing.
Network Strength: Leverages a dynamic platform connecting General Partners and Limited Partners, supported by a broad ecosystem including mentorship and deal flow.
Track Record: Supports firms managing over $4 billion in targeted assets under management (AUM) and has invested in 15 VC, growth, and buyout funds.
Operating Support: Provides infrastructure and resources to build institutional-grade asset management firms, integrating United Nations Sustainable Development Goals (SDGs) into investment strategies[1][2][4].

Role in the Broader Tech Landscape

Include Ventures rides the growing trend of diversity, equity, and inclusion (DEI) in venture capital, addressing systemic funding gaps for diverse founders and managers. The timing is critical as investors increasingly seek sustainable and impact-driven opportunities alongside financial returns. Market forces such as heightened awareness of social justice, ESG investing, and the economic imperative of inclusive growth favor Include Ventures’ approach. By bridging capital to overlooked talent and sectors like cleantech and healthtech, the firm influences the broader ecosystem by expanding access, improving representation, and fostering innovation in emerging markets[1][2][3][4].

Quick Take & Future Outlook

Looking ahead, Include Ventures is poised to expand its influence by scaling investments in diverse fund managers and direct portfolio companies, further integrating impact metrics with financial performance. Trends such as increased institutional focus on ESG, growing demand for cleantech solutions, and the push for racial and gender equity in finance will shape its trajectory. The firm’s holistic ecosystem model positions it to be a leader in transforming venture capital into a more inclusive and sustainable industry, potentially setting new standards for how alpha and impact coexist in investment strategies[1][2][4]. This aligns with its founding mission to unlock untapped opportunities and drive long-term value for both investors and society.

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Focuses on emerging fund managers from underrepresented groups, combining alpha generation with impact investing.
Network Strength: Leverages a dynamic platform connecting General Partners and Limited Partners, supported by a broad ecosystem including mentorship and deal flow.
Track Record: Supports firms managing over $4 billion in targeted assets under management (AUM) and has invested in 15 VC, growth, and buyout funds.
Operating Support: Provides infrastructure and resources to build institutional-grade asset management firms, integrating United Nations Sustainable Development Goals (SDGs) into investment strategies[1][2][4].