Transform Capital's $100M Fund Will Share Returns with Nonprofits
Venture capital firm Transform Capital is raising $100 million for a growth fund that seeks to inspire more philanthropy in venture capital by committing a portion of returns to nonprofit organizations that its LPs choose.
Axios
April 4, 2022
Transform Capital Disrupting the Traditional VC Profit Sharing Model: Weaving in Philanthropy to Fund Non-Profits Initiatives in Health, Environment and Education
Transform Capital announces today how they are disrupting the traditional Venture Capital (VC) profit-sharing model with an innovative structure where investors can earn outsized returns like a traditional VC fund while weaving in philanthropy without affecting an investor’s profits.
Yahoo Finance
April 4, 2022
Unique Firm Makes Landmark Donation to Unique Initiative
When Jonathan Ebinger (FIN ’86) was presented with the opportunity to help fund Pamplin Engage, a new initiative from the Pamplin College of Business, he knew that it would be the perfect platform for his firm, Transform Capital, and was the first among companies to commit support.
Virginia Tech
August 22, 2020
Venture Capitalists Raise Unique Fund With Profit and Purpose to Benefit UVA, Darden
“Jonathan said, ‘I have an idea for a fund. We’re going to raise a fund and then give away our personal profit,’” said Foote, the founder and managing director of Co=Creation=Capital. “Why would I possibly spend my time doing that?” As Ebinger, general partner at BlueRun Ventures, offered his vision in greater detail, Foote’s skepticism turned to enthusiasm.
Darden School of Business
December 6, 2019