Rebalance Capital invests in FinTech and WorkforceTech startups that aim to enable financial security and career success for low and middle income Americans.

Rebalance Capital

Rebalance Capital is venture capital firm dedicated to propelling upward economic mobility for low and middle income communities. We invest in Series A and B FinTech and WorkforceTech companies, and pride ourselves on the trust we’ve earned as an innovation screen for Human Resources and Financial Services leaders in regulated and complex organizations.

I’m thrilled to share that I’ll be speaking at Finovate Fall 2024 alongside a fantastic lineup including Kelly Bryan, Munish Mohit Aggarwal, CFA, Paula Grieco, and Lauren Ashcraft. We'll be presenting an executive briefing on going Beyond Financial Inclusion: The New Customer Base You May Not Have Thought About on September 9th. 

Come join us and say hello!

#Finovate #finance #technology #networking #upwardmobility

CC: Rebalance Capital

Acquisition alert! It's been quite the up-tempo quarter for Rebalance Capital
portfolio company Summer - now adding its acquisition of Vault.co! Kudos to Will Sealy, Daniel Macklin, Ritu Tandon, and the whole Summer team for getting this competitive opportunity across the finish line. We recognize the immense potential in these two companies joining forces to empower employers to help address the student debt crisis - and welcome Heather Lowe and co to the team! It was a pleasure to support the team in this transaction, and partner with Matthew Risley at QED Investors and Robby Peters at SemperVirens Venture Capital . Looks like this 🚀is taking off.

CC: Barr Even, Robert Torres, Robert Rush, Melody Koh at NextView Ventures, Adam Valkin and Alexander Chen at General Catalyst, Jake Yormak at Story Ventures

#studentdebt #retirementmatching #tuitionassistance

Welcome to Yael Kaufmann to the Rebalance Capital family! Yael joins us as a Venture Partner with a focus on WorkforceTech and Human Resources-facing startups. She brings over a decade of experience as a founder, investor and operator across workforce, education, fintech and impact investing, including most recently at unicorn startup Degreed. Yael was Co-founder & COO of Learn In and led its acquisition by Degreed, where she was Interim CFO, SVP Finance & Operations and Head of Partnerships. Yael began her career as an investor in pri­vate equity and was a VC, impact investor, and fintech entrepreneur before co-founding Learn In. Learn In has been recognized as a leader in the future of work for its innovative education benefits and talent academy platform and as a Best Workplace by Inc. Magazine.

Yael, we and our startup founders are so fortunate to have you!

Rebalance is excited to announce its recent investment in Upright Education, a tech-enabled bootcamp provider. Upright partners with regional and community colleges to offer in-work learners access to upskilling courses in high-demand digital-economy careers. Unlike traditional bootcamps, Upright is addressing the enormous, unmet needs of nearly 2,000 local colleges. After completing an Upright course, learners report an average salary increase of $29,000, a 62% raise from their prior roles. In partnering with Upright, Rebalance joins other leading workforce investors including Learn, JFFVentures, and the Strada Education Foundation.

Congratulations to Benny Boas and the entire Upright team!
#WorkforceTech #ImpactInvesting #Upskilling Dan Sommer, Lou Pugliese, David Berger

Rebalance is pleased to welcome Robert Rush, an MBA student at the Stanford Graduate School of Business, to the team in New York for the summer as an Impact Capital Managers (ICM) Mosaic Fellow! The ICM Mosaic Fellowship seeks to build a pipeline of diverse, skilled talent in the alternative investment industry. We are excited to continue learning with and from Rob as he continues the summer with us in New York!

We're buzzing and inspired after last week’s Impact Capital Managers Spring Convening! It was great to engage with peer managers, Limited Partners, and government officials on topics core to our work at Rebalance Capital. Here are some of our key takeaways:
• 𝗧𝗵𝗲 𝗳𝘂𝗻𝗱𝗿𝗮𝗶𝘀𝗶𝗻𝗴 𝗳𝗿𝗲𝗲𝘇𝗲 𝗶𝗻 𝗶𝗺𝗽𝗮𝗰𝘁 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝘀 𝘀𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝘁𝗼 𝘁𝗵𝗮𝘄: Allocators are working through backlogs following slow activity in recent years, but deployment into impact funds and companies is heating up again
• 𝗚𝗿𝗼𝘄𝗶𝗻𝗴 𝗱𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘇𝗲𝗱 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀: NextGen asset owners are driving the increased interest in impact, but their focus areas are highly fragmented. That means “one size fits most” funds no longer fit many investors’ preferences, accelerating the rise of impact specialists with a thematic or sector focus
• 𝗜𝗺𝗽𝗮𝗰𝘁 𝘁𝗿𝗮𝗰𝗸𝗶𝗻𝗴 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝘀 𝘁𝗼 𝗴𝗿𝗼𝘄: 80%+ of impact fund managers are now tracking impact outcomes - the minority have Limited Partners pay for this – and about a quarter of managers are using a third-party service to validate their tracking and methodologies
• 𝗪𝗲 𝘀𝘁𝗶𝗹𝗹 𝗵𝗮𝘃𝗲 𝗮 𝗹𝗼𝗻𝗴 𝘄𝗮𝘆 𝘁𝗼 𝗴𝗼 𝗼𝗻 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆: Even within the impact investment community, only 25% of funds’ teams have greater than 50% representation from underrepresented groups. Even measurement is still weak on representation of groups such as Veterans, LGBTQ+ individuals, and individuals with a disability 
• 𝗙𝗿𝗼𝗺 “𝗚𝗿𝗲𝗲𝗻𝘄𝗮𝘀𝗵𝗶𝗻𝗴” 𝘁𝗼 “𝗚𝗿𝗲𝗲𝗻𝗵𝘂𝘀𝗵𝗶𝗻𝗴”: with the unfortunate politicization of topics such as ESG and DEI, incentives have swung from trumpeting your impact work to doing it quietly in the background. But behind the volatility in the volume of press releases, the work being done by allocators and GPs is continuing at a steady pace 

Thank you to the Impact Capital Managers team for their leadership in our community and for organizing a fantastic event!

REBA

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