Rethink Impact, a Washington, DC- New York- and San Francisco-based venture capital firm that invests in social impact companies, raised an over $110m fund.
More than half of the investment came from UBS clients, including high net worth individuals, family offices, private foundations, and universities spanning the majority of the states across the country, and balanced in terms of gender.
Led by Jenny Abramson, Founder & Managing Partner, Rethink Impact invests in gender diverse, tech-enabled companies working to solve the world’s biggest challenges based on the UN Sustainable Development Goals (SDG).
The fund is particularly focused on the health, education, environmental sustainability and economic empowerment sectors and includes companies that merge strong businesses with a social mission.
The portfolio includes Change, Classy, Purpose, EverFi, Aclima, etc.