Rethink Impact

Rethink Impact has raised $182 million for its second fund.

Ellevest, a digital investment platform built by women for women, has secured $33 million in funding. Rethink Impact and PSP Growth led the round with participation from other investors that included Melinda Gates, Valerie Jarrett, Eric Schmidt, Aspect Ventures, Khosla Ventures, Morningstar, Astia Angels, Creditease Fintech Investment Fund and Ulu Ventures.

FutureFuel.io, a provider of student debt employer benefits solutions, has secured $11.2 million in Series A financing. Rethink Impact led the round with participation from other investors that included Breton Capital, First Data, G9 Ventures, The Impact Engine, Reach Capital, Salesforce Ventures, SixThirty and Vulcan Capital. As part of the round, Jenny Abramson, founder and managing partner of Rethink Impact will join the company’s board of directors.

Sempre Health, a provider of solutions for behavior-based healthcare pricing, has secured $8 million in Series A financing. Rethink Impact led the round with participation from other investors that included Social Capital.

Redwood City, California-based Neurotrack, a creator of a digital memory health platform, has raised $13.7 million in Series B funding. Sozo Ventures led the round with participation from Marc Benioff, Khosla Ventures, Founders Fund, Social Capital, AME Cloud Partners and Rethink Impact.

Univfy, a predictive machine learning and fintech platform that provides fertility patients with personalized probabilities of IVF success, has secured $6 million in Series A funding. Rethink Impact led the round.

Ellevest, a digital investment platform for women, has secured $34.6 million in funding. Rethink Impact led the round with participation from other investors that included PSP Growth, Salesforce Ventures, CreditEase Fintech Investment Fund, LH Holdings, SK Impact Fund, LLC, Morningstar, Khosla Ventures, Mellody Hobson, Ulu Ventures, Contour Venture Partners and Astia Angels. In addition to the funding, Jenny Abramson, Rethink Impact’s founder and managing partner, will join Ellevest's board.

San Francisco-based Savonix, a digital cognitive assessment platform provider, has secured $5.1 million in Series A funding. DigiTx Partners led the round with participation from Rethink Impact. Concurrent with the funding, Dr. David Kim, CEO at DigiTx Partners and Heidi Patel, a partner at Rethink Impact, have been added to Savonix's board of directors.

Fundraising for women-led venture firms dipped again in 2025, but our analysis of four years of research shows that women-led firms' share of total industry fundraising is still growing.

A total of 127 women-led venture capital funds closed on a combined $2.45 billion in 2025, according to Venture Capital Journal's exclusive research.

Fundraising by women-led venture firms dipped last year, but our analysis of three years of research shows female venture capitalists have plenty to be happy about.

They make up just a small portion of the venture industry, but women who have managed to break into the business are thriving, judging by Venture Capital Journal's most popular stories this week.

Monarch Collective co-founder Jasmine Robinson says that growing viewership trends, NIL and interest from institutional investors led to the firm’s close on $100m for its debut fund.

The Los Angeles-based firm is nearing a final close on its $100m debut fund, which will invest in women’s sports.

Impact investor Rethink Capital Partners adds Amy Nelson as chief strategy officer and Alison Smith as a partner focused on growth.

EveryDay Labs, which helps school districts combat chronic absenteeism, has raised $8 million in Series A financing.