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Maddie's Fund

North America, California, United States, Pleasanton

Description

Maddie's Fund is a prominent philanthropic foundation dedicated to revolutionizing the status and well-being of companion animals in the United States. Established in 1999 by Dave and Cheryl Duffield, the organization operates with the ambitious goal of creating a "no-kill nation" where every dog and cat is guaranteed a healthy home or habitat. Unlike traditional venture capital firms that invest for financial returns, Maddie's Fund primarily functions as a grant-making entity, channeling its substantial resources into animal welfare organizations, shelters, rescue groups, and veterinary educational institutions across the country.

The foundation's strategic approach involves funding innovative programs, research, and educational initiatives aimed at increasing live outcomes for shelter animals, promoting adoption, and advancing veterinary medicine. Over its operational history, Maddie's Fund has made a significant impact, having awarded more than $300 million in grants and other support to various animal welfare causes. Their funding supports a diverse range of activities, from large-scale university shelter medicine programs, such as a notable $3.5 million investment in the University of Florida's program, to smaller, targeted grants for community-based animal welfare initiatives and operational support for shelters.

Given its nature as a philanthropic foundation focused on grant-making rather than equity investments, Maddie's Fund does not operate with typical venture capital "check sizes" for startup funding. Their financial contributions are structured as grants, varying widely in amount based on the specific program, recipient organization's needs, and the scope of the initiative. Therefore, defining a standard "min_check_size" or "max_check_size" in the context of venture capital investments is not applicable to their operational model, as they do not engage in equity-based venture capital funding rounds.

Investor Profile

Maddie's Fund has backed more than 220 startups, with 1 new investments in the last 12 months alone. The firm has led 108 rounds, about 49% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant, Series Unknown, Seed rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Non Profit, Pet, Veterinary.
  • Led 1 rounds in the past year.

Stage Focus

  • Grant (99%)

Country Focus

  • United States (98%)

Industry Focus

  • Non Profit
  • Pet
  • Veterinary
  • Health Care
  • Homeless Shelter
  • Communities
  • Government
  • Education
  • Charity
  • Animal Feed
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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 Maddie's Fund frequently co-invest with?

BF
North America, Utah, United States, Kanab
Co-Investments: 1
NM
North America, Arizona, United States, Phoenix
Co-Investments: 1
StartX (Stanford-StartX Fund)
North America, California, United States, Palo Alto
Co-Investments: 1

What are some of recent deals done by Maddie's Fund?

The Inner Pup

New Orleans, Louisiana, United States

The Inner Pupa non-profit organization is advancing equitable access to pet health, behavior, and resources.

Pet
GrantJun 26, 2025
Amount Raised: $567,000
Companions and Animals for Reform and Equity

Baltimore, Maryland, United States

Companions and Animals for Reform and Equity is an organization inspired to rethink and rebuild Animal Welfare [Animal Protection].

Non Profit
GrantJul 14, 2023
Amount Raised: $6,500,000
Best Friends Animal Society

Kanab, Utah, United States

Best Friends Animal Society is a nonprofit organization,operates the nations largest sanctuary for homeless animals,provides adoption.

EducationGovernmentNon Profit
GrantJun 28, 2023
Amount Raised: $30,935
Faunalytics

San Diego, California, United States

Faunalytics empowers animal advocates with access to essential research and resources that inform and accelerate their campaigns.

AdvocacyNon Profit
GrantJun 28, 2023
Amount Raised: $3,000
HeARTs Speak

Poughkeepsie, New York, United States

HeARTs Speak develops resources that help shelter animals to be seen and find homes.

Non Profit
GrantJun 22, 2023
Amount Raised: $84,700
Reigning Era

Rio Verde, Arizona, United States

Reigning Grace Ranch AZ is a Non-profit Organization.

Non Profit
GrantJun 22, 2023
Amount Raised: $10,000
Emancipet

Austin, Texas, United States

Emancipet is a veterinary clinic that provides veterinary care.

Health CareNon ProfitPetVeterinary
GrantJun 21, 2023
Amount Raised: $50,000
Tehama County

Red Bluff, California, United States

Tehama County is a organizationn that provides various animal services.

CommunitiesGovernmentPublic SafetyRecreation
GrantJun 21, 2023
Amount Raised: $18,500
Happy Stripes Cat Rescue

Cleveland, Ohio, United States

Happy Stripes Cat Rescue is an animal shelter and cat care and rescue service provider in Cleveland, Ohio.

Health CarePetWellness
GrantJun 21, 2023
Amount Raised: $5,000
Cornell University

Ithaca, New York, United States

Cornell University is a federal land-grant research university that offers major, minor, and challenging dual-degree programs.

AssociationComputerEducationInformation TechnologySearch Engine
GrantJun 16, 2023
Amount Raised: $15,000

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