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Jobs for the Future’s new $50M fund looks to invest in underrepresented founders
Two years ago, Jobs for the Future (JFF), a non-profit dedicated to helping low-wage workers attain upward mobility, established a venture arm,
Two years ago, Jobs for the Future (JFF), a non-profit dedicated to helping low-wage workers attain upward mobility, established a venture arm, JFFVentures, to back innovative employment tech. “We’re looking to invest in 30 to 35 pre-seed- and seed-stage startups, with initial check sizes between $250,000 to $1 million, with the ability to lead rounds,” Raja told TechCrunch. Founders in Fund II will be able to tap at least one dedicated person who is focused on connecting portfolio companies to experts and networks across the JFF ecosystem, Raja added.
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