Reinventure Capital

Reinventure Capital is a Somerville-based venture capital firm that invests in companies led and controlled by women and BIPOC founders, many of them building businesses outside the major coastal hubs. Its current fund leads seed extension and Series A rounds for capital-efficient companies with at least $1 million in revenue that are at or near breakeven, a stage the firm sees as underserved by conventional venture investors. Founders it backs average more than 20 years of experience in their fields.

The firm frames returns and impact as complementary, backing companies that address social and environmental challenges at scale, from family lending to waste digitization and player safety. Portfolio revenue from its first fund has grown roughly tenfold since the firm’s initial investments, and that fund is now returning capital to investors. Reinventure also emphasizes creating ownership for founders and employees.

What to Know

• Fund II is actively investing.
• A structured program called Co-Pilot gives founders two months of fundraising preparation and hands-on help through their next raise.
• The firm helps founders build investor-ready narratives, financial models and data rooms and makes warm introductions to investors.
• Reinventure is a member of the Sustainable Business Network of Massachusetts.