Investor profile

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Reinventure Capital

VC

USFintechHealthtechClimateEnterpriseB2B SaaSConsumerDeep TechOther

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Investment thesis

Reinventure Capital focuses on US-based companies led and controlled by Black, Indigenous, people of color (BIPOC), and women founders — founders its 30-year track record shows are systematically undervalued by traditional capital and who have delivered superior risk-adjusted returns. The firm targets the post-seed, early-growth stage: specifically the 14% of seed-stage companies that have achieved product-market fit and are at or near breakeven but lack the capital needed to scale profitably. Reinventure provides $500K–$3M in growth capital alongside hands-on strategic support in fundraising, governance, and operations. The firm's thesis holds that overlooked founders — who typically bring 10–15 years of mainstream business experience and an average age of 47 — possess exceptional resilience, adaptability, and unique market insight that positions them to outperform traditional benchmarks through superior capital efficiency and sustainable growth. Unlike conventional VCs chasing unicorn outcomes, Reinventure prioritizes building sustainable, scalable businesses with a higher rate of success, creating a 'triple win': top-tier returns for investors, transformative wealth for founders and stakeholders, and a more inclusive and equitable economy.

Notable quotes

We invest exclusively in U.S.-based companies led and controlled by BIPOC and/or female founders, and we invest in those companies when they're at or on the cusp of breakeven. Then we work with them to grow more profitably. And we do that by design, because our focus is on creating wealth and opportunity with and alongside and for those founder teams and their employees and their wider stakeholders.

Julianne Zimmerman · Forbes, 'Reinventure Capital Re-Envisions The Venture Capital Market To Bridge Racial And Gender Wealth Gaps' · 2022-09-13

When you look at the distribution of capital, consistently more than 90% of venture capital goes to an extremely narrow demographic — in broad strokes, straight, white, U.S.-born men from a dozen universities. That concentration of capital lands primarily in a half-dozen metropolitan areas, further exacerbating inequities.

Julianne Zimmerman · Forbes, 'Reinventure Capital Re-Envisions The Venture Capital Market To Bridge Racial And Gender Wealth Gaps' · 2022-09-13

We have a policy at Reinventure Capital: Every founder should be better off for having met us, even if we don't invest. This isn't charity. It's ecosystem building.

Edward Dugger III · LinkedIn post, Edward Dugger III

Team

Edward Dugger III

Managing Partner

B2B SaaSFintechHealthtechClimateDeep TechConsumerEnterprise

Shijiro Ochirbat

Partner

B2B SaaSFintechHealthtechClimateEnterprise

Langston Dugger

Partner, Operations

EnterpriseB2B SaaS

Itzel Moncada

Associate

B2B SaaSFintechHealthtech

Recent investments

CompanyRoundSizeDate
ANRA TechnologiesLater Stage VC2025-07-11
CareCarGrowth2025-01-10
Novo SpaceGrowth2024-06-12
AdventrGrowth2024-01-18
OpConnectGrowth2023-07-06
AgtoolsSeed$2m2023-03-08
MicroviGrowth2022-10-24
Canela MediaSeries A$42m2022-02-24
ZirtueSeed
LivegisticsSeed$6m2022-04-01

Frequent co-investors

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