Led by veteran impact investor Edward Dugger III and serial pioneer Julianne Zimmerman, Reinventure Capital is a high-impact, high-return venture practice.
Our investment thesis:
- There prevail in plain sight existing and emerging networks of innovative entrepreneurs, many of whom are Black, Indigenous, and other people of color and/or womxn of all identities, overlooked by mainstream investors.
- They are leading scalable for-profit businesses with demonstrated commercial traction and social and environmental impact, yet starved of capital to grow.
- Providing this untapped pool with expansion-stage capital will produce strong, non-concessionary returns for shareholders and intentional, measurable benefits for stakeholders.
We pursue this thesis by:
- Cultivating a more vibrant and equitable ecosystem. Reaching out to womxn and people of color, engaging our networks to connect with innovative entrepreneurs building scalable businesses and investors investing for better.
- Targeting innovators who are radically changing their segments, building businesses that deliver profitable and scalable interventions to persistent impediments to present-day and future well-being.
- Selecting entrepreneurs who are in fragmented industries, at the forefront of one or more unfolding shifts, and growing profitably; as a result, they are positioned to become #1 or #2 in their market segment, improve EBITDA by 30-40%, and self-fund reinvestment.
- Collaborating to drive impact at every stage of our involvement. Each investment we make is a pact with the founders to achieve impact we agree on together. We seek to create close alignment before we invest, encode that alignment in deal structure and terms, and maintain alignment by keeping a clear-eyed focus on our shared commitment.