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Reach Capital closes $265M fifth fund

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Reach Capital closed its fifth fund at $265 million, bringing the San Francisco education and AI investor's assets under management to nearly $1 billion, the firm said. The fund targets pre-seed, seed and Series A rounds. Reach, which spun out of NewSchools Venture Fund in 2015, has backed more than 180 companies and plans to invest in roughly 50 more teams through the new vehicle.

AI-generated from reports · 2 hours agoUpdate

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Oct 21
  1. Crunchbase News
    How Reach Capital Spots Its Venture Winners, From ClassDojo to GPTZero

    Reach Capital, the San Francisco firm spun out of NewSchools Venture Fund in 2015.

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