Reach Capital

Last month we closed Reach, a $53M edtech fund focused on improving educational access and opportunity for children in the K-12 demographic. We first introduced Reach, a spin-out of NewSchools Venture Fund, when we began fundraising back in May. I could not be happier with the set of investors who have joined our fund. They are a diverse group of individuals, foundations and education organizations, united by the belief in mission-driven entrepreneurs and their unique ability to leverage technology to re-imagine education. At Reach, we are believers in Sam Altman's maxim: "Only invest in things you understand. Our team has been actively investing in K-12 education for 8 years and has made over 40 investments since 2011. We will continue with a focus on underserved children, schools and teachers. That said, let us walk you through a few more details on the new fund.