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Reach Capital has raised $265 million for its fifth fund to invest in early-stage AI applications across learning, health, and work. The fund targets investments from pre-seed to Series A in approximately 50 companies.
PRIVATEAug 18, 2026•about 5 hours ago
Amount Raised
$265 Million
Round Type
Pre-Seed
Investors
College BoardLego FoundationLos Angeles Fire And Police PensionsCapricorn Investment Group
Description
Reach Capital has closed a $265 million fifth fund to back early-stage founders building AI applications. The fund will invest from pre-seed through Series A, focusing on companies enhancing human capabilities. Limited partners include respected institutions such as Capricorn Investment Group and the LEGO Foundation. No investments have yet been made from this new fund.
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Based on industry dataVC-backed spending patterns
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