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Pay It Forward VC invests in companies focused on fundamental, "source-solving" solutions rather than symptomatic treatments. The firm supports ventures building new infrastructure and paradigms for a better world, providing capital and strategic guidance to early-stage startups. It cultivates a supportive ecosystem designed to nurture its portfolio through various stages of growth.
Established in 2019, the firm operates under The Pay It Forward Company. Key figures include Raaid Hossain and Partner Grant Trahant, known for founding Causeartist, a platform for social entrepreneurs. The firm's origin reflects an insight that lasting impact stems from investing in fundamental problem-solving, driving systemic change rather than merely addressing superficial issues.
Pay It Forward VC partners with founders constructing essential infrastructure for global improvement. Its vision is to foster better lives for billions by funding ventures that introduce transformative models and create significant societal benefit. The firm demonstrates this commitment by donating 20% of its General Partner profits to philanthropic causes, aligning financial returns with a broader social mission.
Pay It Forward VC has 1 tracked investment across 1 company. The latest tracked deal is $30.0M Series B in Starcity in April 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2020 | Starcity | $30.0M Series B | — | Bullpen Capital, Deciens Capital, Kapor Capital, Khosla Ventures, Kindred Ventures, MS&AD Ventures, QED Investors, Josh Resnick, Louis Beryl, Nick Green, TOM Davis, Peak State Ventures, Reshape, Jared Friedman |