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Ventureforgood functions as an investment holding company, deploying strategic capital into ventures across various sectors. Its model integrates financial performance with social impact, allocating a portion of carried interest to philanthropic initiatives. This structure ensures investment success directly generates funds for meaningful societal contributions.
John Simon, a seasoned entrepreneur and investor, founded Ventureforgood. His pedigree includes co-founding General Catalyst and serving as a managing director at Sigma Prime Ventures. Simon’s insight was to create an investment vehicle inherently linking financial gains with philanthropic efforts.
Ventureforgood invests in diverse ventures, providing capital and support to its portfolio companies. The company’s vision is to establish a model where successful investments consistently generate resources for charitable causes. It aims to show strategic capital deployment can drive financial returns and societal well-being.
Ventureforgood has 1 tracked investment across 1 company. The latest tracked deal is $4.0M Seed in HelloTeam in August 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2020 | HelloTeam | $4.0M Seed | Michael Skok | Angular Ventures, CP Ventures, Geek Ventures, Osage Venture Partners |