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Ruthless for Good Fund operates as an investment vehicle supporting early-stage technology companies focused on improving learning, work, and life. It targets pre-seed and seed investments in Edtech, workforce development, and access innovation. The fund strategically backs ventures leveraging technology to create societal impact and strong economic returns.
Established in 2021 by Aaron Walker, the fund builds upon his experience as founder of Camelback Ventures, an accelerator for social impact entrepreneurs. Walker observed that companies led by women and people of color outperformed peers but faced disproportionate funding. This market inefficiency and systemic bias fueled his resolve to launch Ruthless for Good.
Ruthless for Good Fund primarily serves diverse founders, particularly women and people of color, who build impactful technology solutions. Its vision is to drive human self-actualization and foster a more equitable society through strategic capital. The fund aims to back "legacy-worthy" companies, ensuring innovative solutions and economic opportunities are accessible.
Ruthless for Good Fund has 3 tracked investments across 2 companies. The latest tracked deal is $2.0M Seed in WorkTorch in November 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2022 | WorkTorch | $2.0M Seed | Tenzing Capital | Gene Camarena, Jennifer Risher, Bloomberg Beta, Leslie Feinzaig, Math Venture Partners |
| Jul 1, 2022 | Guava | $2.0M Seed | TOM Williams | Operator Collective, ED Zimmerman, Edward Zimmerman, Lexi Reese, Backstage Capital, Sydney Paige Thomas |
| Nov 29, 2021 | WorkTorch | $1.4M Other Equity | Dana Wright | Accelerate Venture Partners, ETF@JFFLabs, KCRise Fund, October Minority Impact Fund, Revolution, Sandalphon Capital, Sixty8 Capital, Tenzing Capital |