Area served Indian states Type of business Venture capital firm | AUM USD 50 million Founded 2012 Assets under management 50 million USD | |
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Founders Will Poole (Founding Partner)
Dave Richards (Founding Partner) Headquarters Bengaluru, Seattle, Washington, United States Profiles | ||
Investor s perspective by srikrishna ramamoorthy partner unitus seed fund
Unitus Seed Fund is an social impact investment venture fund based in Bangalore and Seattle. It funds early-stage Indian technology startups, primarily in the healthcare, education and financial sectors. As an impact investment fund, its focus is on startups that serve low and middle-income consumers.
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Sankalp unconvention summit 2013 dave richards founder unitus seed fund
History
Unitus Seed Fund was started in 2012 by Unitus Group, a financial services group founded in 2000 with the goal of making money while reducing global poverty. In the summer of 2012, Unitus Seed Fund spun out of Unitus Group as a separate venture investment management company and fund in order to scale-up investing operations. Its first fund was USD 23 million and in 2016 it started raising a second fund with a target of USD 50 million. Its early investors included Bill Gates, Vinod Khosla, and the Michael and Susan Dell Foundation.