Quick Summary:
- Collab Capital closed $75 million Fund II to invest in early-stage startups focused on work, healthcare, and community infrastructure.
- The fund builds on the success of Collab’s $50 million Fund I, which supported 38 high-growth companies.
- Fund II will make Seed and Series A investments, offering both financial backing and hands-on support through programs like the Executive-in-Residence and Strategic Town Halls.
- Collab Capital continues to prioritize founder well-being, providing free therapy sessions and fostering long-term partnerships to build sustainable companies and generational wealth.
Collab Capital has announced the close of its second fund, securing $75 million in committed capital. This new fund builds on the firm’s successful $50 million Fund I.
Investing in the Future of Work, Care, and Community
Fund II will focus on early-stage startups that are solving critical problems in three key areas:
- The future of work
- Healthcare access
- Community infrastructure
Collab Capital calls these sectors “the building blocks of shared prosperity.” These areas are at the center of the firm’s mission to drive real-world change and create sustainable impact.
Building on a Strong Foundation
The success of Fund I, which launched in 2020, helped validate Collab’s investment thesis. The firm invested in 38 companies, several of which achieved million-dollar revenue months, secured national contracts, and became cash flow positive.
Standout companies include:
- Hairbrella
- Revry
- Intus Care
- Goodr
- Culina Health
“Fund I showed us what’s possible when you back the right people with the right support,” said Jewel Burks Solomon, Collab Co-founder and Managing Partner. “Fund II is about scaling that belief and deepening our conviction that proximity is power.”
A New Chapter with Strong Partners
The $75 million Fund II includes investments from new and returning limited partners, such as:
- Apple
- Leon Levine Foundation
- California IBank
- Goldman Sachs Asset Management’s External Investing Group
With Fund II, Collab will continue to invest at the Seed and Series A stages, focusing on founders with unique market expertise and lived experience.
A Refined Strategy for Growth
Collab Capital has sharpened its investment strategy into three focus areas:
Economic Mobility
Investing in platforms that prepare the workforce for an AI-powered economy. This includes bridging the skills gap, expanding access to high-paying jobs, and ensuring equitable access to resources.
Healthcare Access
Funding healthcare innovations that close equity gaps and deliver better outcomes through scalable, technology-driven care models.
Community Infrastructure
Supporting modern infrastructure solutions that transform how communities access power, transportation, broadband, housing, and food.
These pillars guide Collab’s investments toward areas where changing demographics, market gaps, and systemic inequities intersect.
A Five-Year Investment Plan
Through Fund II, Collab plans to invest $1 to $2 million in approximately 30 companies over five years.
Forty percent of the fund will be reserved for follow-on investments in top-performing companies.
Six companies have already secured funding from Fund II, including:
- SparkCharge: The world’s first mobile, off-grid EV charging platform for fleets.
- River Health: A telehealth provider offering affordable, membership-based healthcare to underserved workers.
- A0: A platform using AI to rapidly generate fully functional React Native mobile apps.
Support Beyond Capital
Collab’s “collaboration-as-a-service” model extends beyond financial investment. The firm provides founders with hands-on, relationship-driven support to help them scale.
This includes:
- Personalized coaching
- Go-to-market planning
- Warm introductions to enterprise partners and investors
Two key programs offer expanded founder support:
- Executive-in-Residence Program: On-demand access to experts in high-growth sectors like AI and fintech. Dr. Nashlie Sephus, former Amazon AI leader, serves as Collab’s inaugural AI Executive-in-Residence.
- Strategic Town Halls: Quarterly events featuring industry experts who provide actionable insights on topics like AI integration, enterprise sales, company culture, and market trends.
Prioritizing Founder Well-Being
Collab Capital also supports the personal well-being of its founders. Through a partnership with CWC Coaching and Therapy, the firm provides free therapy sessions to every founder in its portfolio. This reflects Collab’s belief that healthy leaders build sustainable companies.
“We believe this is the time to lean in, not pull back,” said Barry Givens, Collab Co-founder and Managing Partner. “Fund II is a flywheel that combines early investment, deep support, and long-term partnership to build momentum and multiply outcomes.”
Collab Capital’s mission is to create jobs, drive economic mobility, and build generational wealth.
To learn more about Collab Capital and its portfolio companies, visit www.collab.capital.
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