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Reinventure Capital is a venture capital firm dedicated to investing in early-growth stage companies led by founders from underrepresented groups. The firm employs a rigorous investment approach, targeting US-based businesses poised for profitable growth, while simultaneously driving significant social impact. Its core capability lies in identifying and nurturing companies with compelling financial prospects that are often overlooked by traditional investment channels, focusing on those led by Black, Indigenous, People of Color (BIPOC) and/or female entrepreneurs.
The firm was founded by Edward Dugger III and Julianne Zimmerman, who identified a substantial market inefficiency in the venture capital landscape. Edward Dugger III brought decades of experience as a pioneer in impact investing, returning to the field with the insight that a high-return, high-impact investment strategy could effectively bridge racial and gender wealth gaps. This foundational belief guided the establishment of Reinventure Capital, recognizing the untapped potential within diverse founder teams.
Reinventure Capital serves a portfolio of post-seed companies, providing essential capital and strategic guidance to accelerate their expansion. The firm's long-term vision is to demonstrate that an investment thesis centered on overlooked founders not only delivers institutional-grade financial returns but also fosters broader economic empowerment. They aim to reshape venture capital by proving the competitive advantage of inclusivity and creating new wealth and opportunity for a diverse entrepreneurial ecosystem.
Key people at Reinventure.
Reinventure was founded in 2014 by Danny Gilligan (Co-Founder & Managing Director) and Simon Cant (Co-founder and Managing Partner).
Reinventure was founded in 2014 by Danny Gilligan (Co-Founder & Managing Director) and Simon Cant (Co-founder and Managing Partner).
Key people at Reinventure.
Reinventure has 13 tracked investments across 11 companies. The latest tracked deal is $4.8M Pre-Series A in Curious Thing AI in May 2022.