Reinventure Capital

Profile

Reinventure Capital is a venture capital firm based in Boston, founded in 2020 by Edward Dugger III. The firm focuses on investing in US-based companies led by Black, Indigenous, people of color, and women founders, aiming to generate superior risk-adjusted returns while addressing systematic undervaluation from traditional capital markets. The firm's team reflects the diversity of the founders they support, spanning a wide range of identities and professional backgrounds.

Reinventure Capital invests across multiple sectors including Financial Services, HealthTech, Business Services (B2B), and Digital. The firm targets companies at various growth stages, and while specific check sizes are not disclosed, they typically engage in Series A through late-stage investments. Reinventure Capital does not publicly disclose its total assets under management or specific fund sizes. They are notable for their impact-focused investment strategy, aiming to expand opportunities for minority entrepreneurs.

Some of their notable portfolio companies include ventures that have secured conventional capital and contributed significantly to diversity in management and job creation. The firm's founder, Edward Dugger III, has an extensive track record in impact investing and has played a pivotal role in the growth of successful African American-led companies.