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Better Ventures

North America, California, United States, Oakland

Description

Better Ventures is an Oakland, California-based early-stage venture capital firm with a distinct focus on impact investing. Established with the core belief that businesses can be powerful forces for good, the firm actively seeks out and supports mission-driven entrepreneurs who are leveraging technology to address pressing global challenges. Their investment thesis centers on the conviction that companies generating significant positive social and environmental impact can simultaneously achieve robust financial returns, thereby proving the viability of a 'for-profit for-good' model.

The firm primarily targets Seed and Series A stage companies, providing crucial capital and strategic guidance during their formative years. Better Ventures' investment scope spans a range of critical sectors, including climate technology, health technology, education technology, and other areas that promote sustainable systems and social equity. They are known for their hands-on approach, working closely with founders to help them scale their solutions and maximize both their impact and their market potential.

Better Ventures has demonstrated consistent activity in the impact investing space. For instance, their third fund, Better Ventures III, successfully closed at $30 million in 2019, enabling them to expand their portfolio. Building on this momentum, they subsequently launched a fourth fund, targeting $40 million, to further their investment strategy. To date, Better Ventures has invested in over 70 companies, building a diverse portfolio that reflects their commitment to fostering innovation that benefits both people and the planet.

Investor Profile

Better Ventures has backed more than 84 startups, with 6 new investments in the last 12 months alone. The firm has led 17 rounds, about 20% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Kenya, Germany.
  • Strong thematic focus on Health Care, Software, Biotechnology.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $2M.

Stage Focus

  • Seed (76%)
  • Series A (8%)
  • Pre Seed (8%)
  • Series B (6%)
  • Convertible Note (1%)

Country Focus

  • United States (89%)
  • Kenya (6%)
  • Germany (2%)
  • The Netherlands (1%)
  • Canada (1%)

Industry Focus

  • Health Care
  • Software
  • Biotechnology
  • Artificial Intelligence (Ai)
  • Information Technology
  • Analytics
  • Financial Services
  • Food And Beverage
  • Education
  • Mobile
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Better Ventures frequently co-invest with?

Cantos
North America, California, United States, San Francisco
Co-Investments: 5
Impact America Fund
North America, California, United States, Oakland
Co-Investments: 4
KdT Ventures
North America, Texas, United States, Austin
Co-Investments: 4
Urban Innovation Fund
North America, California, United States, San Francisco
Co-Investments: 4
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 4
Sierra Ventures
North America, California, United States, San Mateo
Co-Investments: 4
Bee Partners
North America, California, United States, San Francisco
Co-Investments: 5
Impact Engine
North America, Illinois, United States, Chicago
Co-Investments: 4
IndieBio
North America, California, United States, San Francisco
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 5

Which angels does Better Ventures often collaborate with?

TW
North America, California, United States, San Jose
Shared Deals: 1
Justin Hamilton
Oceania, Wellington, New Zealand, Wellington
Shared Deals: 1
LL
North America, California, United States, Santa Clara
Shared Deals: 1
SK
North America, Virginia, United States, Fairfax
Shared Deals: 1
MG
Europe, Grad Sofiya, Bulgaria, German
Shared Deals: 1
RL
North America, California, United States, San Francisco
Shared Deals: 1
RS
North America, California, United States, Cupertino
Shared Deals: 1
AA
North America, California, United States, San Francisco
Shared Deals: 1
AN
North America, California, United States, San Francisco
Shared Deals: 1
IA
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Better Ventures?

NuCicer

Davis, California, United States

NuCicer offers high-protein chickpea ingredients with added value in the agri-food system.

BioinformaticsBiotechnologyFood and BeverageFood ProcessingGenetics
Series AJul 30, 2025
Amount Raised: $11,500,000
EDEN

Seattle, Washington, United States

EDEN develops operation management software to automate and streamline home service business, customer acquisition, and sales.

AnalyticsArtificial Intelligence (AI)Information TechnologyMarketingProduct Management
SeedApr 29, 2025
Amount Raised: $3,700,000
Avalo

Durham, North Carolina, United States

Avalo is a plant biotech company using AI and evolution to make a more sustainable and resilient food system.

AgricultureBiotechnologyMachine Learning
Series AMar 6, 2025
Amount Raised: $11,000,000
Cold

Minneapolis, Minnesota, United States

Cold is a sustainability compliance platform for startups and medium-sized businesses.

Pre SeedOct 31, 2024
Amount Raised: $2,650,000
Frate

Toronto, Ontario, Canada

Frate pioneers peer-to-peer returns to save retailer profits and our planet.

Peer to PeerRetail TechnologyShippingSoftware
SeedSep 18, 2024
Amount Raised: $2,645,337
Skillfully

San Francisco, California, United States

Skillful.ly builds AI-powered simulations enabling employers to see skills in action before they hire.

Artificial Intelligence (AI)Generative AIHuman ResourcesRecruiting
SeedAug 1, 2024
Amount Raised: $2,500,000
Matereal

Denver, Colorado, United States

Matereal is a biobased polyurethane manufacturer that seeks to replace the toxic polyurethane industry.

ChemicalManufacturing
SeedJul 25, 2024
Amount Raised: $4,500,000
RxDiet

New York, New York, United States

RxDiet works with payers to launch best-in-class Food As Medicine programs.

Health Care
SeedJul 23, 2024
Amount Raised: $3,000,000
Doowii, Inc

Boulder, Colorado, United States

A predictive, generative-AI data platform that delivers meaningful insights to educators by re-imagining analytics for K-12 education.

Artificial Intelligence (AI)ChildrenEdTechEducation
SeedJun 6, 2024
Amount Raised: $4,100,000
Rock Rabbit

Palo Alto, California, United States

Rock Rabbit is an AI-powered energy rebate platform that makes access to home incentives more transparent and efficiently distributed.

AppsArtificial Intelligence (AI)Consumer SoftwareProductivity Tools
SeedFeb 22, 2024
Amount Raised: $3,100,000