Reach, LP

United States of America

Last updated 11 May 2020, by Impactyield.

Edit this fund

Reach Capital makes early stage investments in education technology tools that close the opportunity gap through scalable solutions to problems facing the education sector in North America. We have invested in companies in early childhood through lifelong learning/workforce development.



Financial description

The primary purpose of the Partnership is to make
venture capital investments, principally by investing in and holding equity and equity-oriented
securities of privately held companies in early- and seed-stage education technology and related
companies (i) primarily within the pre-K-12 demographic and with a United States target user
base, and (ii) primarily focused on issues of educational access and opportunity.

6 years

of track record

2016

the year funded

52,525,000 USD

AUM

Asset manager

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Free primary and secondary education

Key performance indicators

Fund overview

Asset manager: Reach Capital

Product track record: Fund has 6 years of track record

Target IRR: n.a.

Committed Capital: n.a.

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:

Style/Stage:

Inception year: 2016

Vintage year: 2016

Target region: , , ,

Target close date: 01/07/2016

Product term: 10

Assets under management: 52,525,000 USD (US Dollar)

Investment size: Min: 250,000; Max: 6,000,000; Avg: 525,000

Co-investment policy: ,

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 33

Fund investments to date exited or repaid: 0

Management fee: n.a.

Carried interest: 20%

Hurdle rate: 1x%

GIIN Investors' Council Investment: Yes

Limited Partners / Investors: n.a.

Limited Partner / Investor Type: Endowments/Foundations, Family Office, Other Institutional Investors, Retail Investors

Contact

E-mail: n.a.

Website: http://www.reachcap.com

Phone number: 6503916884.00

If you wish to have your details removed from this database please email gdpr@impactyield.com


Chian Gong

Senior Associate

Jennifer Carolan

GP / Co-Founder

Impact Performance

Notice: Trying to access array offset on value of type null in /var/www/html/wp-content/plugins/advanced-custom-fields-table-field/acf-table-v5.php on line 568

n.a.

Impact thesis

Reach Capital aims to close the educational achievement and opportunity gap in the United States by empowering educators and families, and by inspiring children. We look for opportunities where the advantages of technology can uniquely address a challenge in education, with a focus on US K-12 public schools. Specifically are target areas are 1) bringing data to bear in instructional decision making, 2) facilitating personalized learning in the classroom, 3) strengthening the connection between parent, teacher and student, 4) connecting instructional goals with the knowledge and skills required for students to become engaged, active members of their community and economy, and 5) supporting the development of age-appropriate literacy and grade-level mastery of academic materials in both English and Spanish.

Impact Management

n.a.

Request information about this fund