Michael & Susan Dell Foundation logo

Michael & Susan Dell Foundation

North America, Texas, United States, Austin

Description

The Michael & Susan Dell Foundation, established in 1999 by Dell Technologies founder Michael Dell and his wife Susan, operates as a private philanthropic organization based in Austin, Texas. Its core mission is to transform the lives of children living in urban poverty, primarily through strategic investments in education, health, and family economic stability. The foundation distinguishes itself by focusing on scalable solutions and leveraging technology to drive systemic change, aiming to create lasting impact rather than just providing direct services. Their approach emphasizes data-driven decision-making and partnerships with high-potential organizations that demonstrate a strong capacity for measurable results.

The foundation's philanthropic efforts span across the United States, India, and South Africa, reflecting a global commitment to addressing the multifaceted challenges of urban poverty. In education, they focus on improving K-12 public education, fostering college readiness, and supporting post-secondary success, notably through programs like the Dell Scholars, which has supported thousands of students in their pursuit of higher education. In health, their initiatives aim to improve access to quality healthcare for children, while their family economic stability programs work to empower families through financial literacy and workforce development.

While primarily a grant-making entity, the Michael & Susan Dell Foundation also engages in program-related investments (PRIs) and impact investing, which can resemble venture capital "cheques" by providing capital to mission-aligned enterprises that generate both social and financial returns. These investments are typically deployed to scale innovative solutions and build sustainable models for social good. To date, the foundation has committed over $2.2 billion to various initiatives globally, reflecting its substantial financial capacity and long-term dedication to its mission. Typical first commitments for their strategic grants or PRIs often range from $500,000 to $5,000,000, though specific allocations can vary significantly based on the project's scope and potential for impact.

Investor Profile

Michael & Susan Dell Foundation has backed more than 73 startups, with 4 new investments in the last 12 months alone. The firm has led 35 rounds, about 48% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in India, United States, South Africa.
  • Strong thematic focus on Education, Financial Services, Finance.
  • Led 2 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series A (29%)
  • Seed (23%)
  • Series B (15%)
  • Series Unknown (12%)
  • Private Equity (7%)
  • Grant (5%)
  • Series C (4%)
  • Debt Financing (3%)
  • Pre Seed (1%)

Country Focus

  • India (77%)
  • United States (18%)
  • South Africa (5%)

Industry Focus

  • Education
  • Financial Services
  • Finance
  • Fintech
  • Lending
  • Edtech
  • E-learning
  • Software
  • Business Development
  • Information Technology
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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 Michael & Susan Dell Foundation frequently co-invest with?

Catamount Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Naspers Foundry
Africa, NA - South Africa, South Africa, Cape Town
Co-Investments: 2
Draper Associates
North America, California, United States, San Mateo
Co-Investments: 2
Gaja Capital
Asia, Maharashtra, India, Mumbai
Co-Investments: 4
GAWA Capital
Europe, Madrid, Spain, Madrid
Co-Investments: 4
Chiratae Ventures
Asia, Karnataka, India, Bangalore
Co-Investments: 2
Capria Ventures
North America, Washington, United States, Seattle
Co-Investments: 2
Unitus Ventures
North America, Washington, United States, Seattle
Co-Investments: 7
Patamar Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Omidyar Network
North America, California, United States, Redwood City
Co-Investments: 4

Which angels does Michael & Susan Dell Foundation often collaborate with?

Rahul Chaudhary
Asia, Karnataka, India, Bangalore
Shared Deals: 1
Rajnish Kumar
Asia, Haryana, India, Gurgaon
Shared Deals: 1
Ronnie Screwvala
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
Arihant Patni
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
Vikram Chachra
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
Mekin Maheshwari
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
Dr Ritesh Malik
Asia, Delhi, India, Delhi
Shared Deals: 1
Shared Deals: 1
Aloke Bajpai
Asia, Haryana, India, Gurgaon
Shared Deals: 1
JP
North America, Maryland, United States, Baltimore
Shared Deals: 1

What are some of recent deals done by Michael & Susan Dell Foundation?

EVeez

Gurgaon, Haryana, India

EVeez is one of the pioneers in Electric Vehicle subscription ecosystems

Electric Vehicle
Series AJul 24, 2025
Amount Raised: $5,400,000
Bizloan

Delhi, Delhi, India

Bizloan provides financial support to micro, small and medium enterprises.

FinanceFinancial ServicesSmall and Medium Businesses
Series AJan 28, 2025
Amount Raised: $4,044,978
Eleos Health

Boston, Massachusetts, United States

Eleos Health is a mental health startup that focuses on using voice analysis and NLP to improve treatment outcomes and workflow efficiency.

Artificial Intelligence (AI)Health CareInformation TechnologyMental Health
Series CJan 22, 2025
Amount Raised: $60,000,000
Kaleidofin

Chennai, Tamil Nadu, India

Kaleidofin is a digital financial service platform that provides savings, investment, credit, and insurance services.

CreditFinanceFinancial ServicesFinTechInsurTechPaymentsRisk Management
Series UnknownSep 18, 2024
Amount Raised: $13,800,149
Futwork

Mumbai, Maharashtra, India

Futwork helps students in India get micro-jobs to add to their pocket money

MarketingVirtual Workforce
Series ASep 12, 2024
Amount Raised: $2,490,368
byteXL

Hyderabad, Andhra Pradesh, India

byteXL is an experiential learning platform for IT career aspirants.

E-LearningEdTech
Series AJul 18, 2024
Amount Raised: $5,900,000
Arthan Finance

Mumbai, Maharashtra, India

Arthan Finance is a non-banking financial company that provides loans to self-employed nano and micro-entrepreneurs.

BankingFinancial ServicesFinTechLending
Series BJun 10, 2024
Amount Raised: $5,988,204
ConveGenius

Noida, Uttar Pradesh, India

ConveGenius is an EdTech company that provides personalized and adaptive learning solutions to improve learning outcomes.

E-LearningEducationSoftware
Series AJan 11, 2024
Amount Raised: $6,981,740
Airblack

Gurgaon, Haryana, India

Airblack offers online courses for entrepreneurs, designers, teachers, artists and engineers.

EdTechEducation
Series BDec 7, 2023
Amount Raised: $3,958,982
JOBJACK

Cape Town, NA - South Africa, South Africa

Online platform for entry-level jobs.

Software
SeedNov 7, 2023
Amount Raised: $2,452,396