Collaborative Fund
Collaborative Fund is a venture capital firm focused on providing seed and early-stage funding to technology companies. It is a network of fund managers investing across asset classes, identifying and supporting companies[2].
Overview
Collaborative Fund was founded in 2010 by Craig Shapiro, the firm is based in New York City and manages approximately $100 million of investor capital. Its portfolio includes Kickstarter, Lyft, Neverware, Quora, Blue Bottle, and Reddit.
It is a leading source of capital for entrepreneurs pushing the world forward.
Invested Sectors
At collab Fund, Collab = (people x stuff) + new technologies^creativity
The VC ha supported diverse ompaniies and startups in different niche around human's existence including
- Climate: Examples include (AlgiKnit, Brimstone, Commonwealth Fusion Systems, Dandelion, Kula Bio, Lyft, Mango Materials, Modern Meadow, Noon Energy, Perennial, Quaise, Span, Socar, Therma, Zitara, among others).
- Food: Examples include (Benson Hill, Beyond Meat, CookUnity, Daily Harvest, Fork & Goode, Foxtrot, Good Eggs, Immi, Magic Spoon, OLIPOP, Omsom, Prime, among others).
- Money: Examples (AngelList, Camino Financial, Dreambound, Kickstarter, LTSE, Spruce, Step, Tagomi, Tala, Taxbit, Teamshares, Upstart, among others).
- Kids: Examples include (Brave Care, Mighty, Lovevery, OK Play, Osmo, Sawyer, Outschool, Yup, among others).
- Companies: Examples include (AngelList, Camino Financial, Dreambound, Kickstarter, LTSE, Spruce, Step, Tagomi, Tala, Taxbit, Teamshares, Upstart, among others).[3]
Collab+Currency
This is the cryptocurrency investment niche of the Collaborative Fund ecosystem-- supporting early-stage projects building the next generation of financial infrastructure, culture, and human organization.
The platform has supported diverse project including:
- Aave
- Ample
- Bright Moments
- Deca
- Ethereum
- Flipside
- Gm
- HolaAplx, etc.[4]
Its investment portfolio ranges from Pick&Shovels, to Layer1, DeFi, to NFT/Culture.[5]
Partnerships
In 2014, Collaborative Fund launched a $10 million joint investment vehicle with Line, a Japanese messaging service.
In early 2016, Collaborative Fund partnered with Sesame Workshop to form a $10 million joint fund, aimed at investing in startups focused on education, health, and social welfare for children.
Recent Project Fundings
Collaborative Fund led AlgiKnit's $13M Series A. AlgiKnit is a seaweed-based materials company helping create a cleaner future through sustainable yarn and fibers.
The venture capital also supported Verne, a climate tech startup providing high-density, low-cost, lightweight hydrogen storage for zero-emission trucks and other heavy transportation. Verne was also featured in Bill Gates’ recent GatesNotes on hydrogen[1].
