What does Collaborative Fund do?

Collaborative Fund is a venture capital firm based in New York City, founded in 2010 by Craig Shapiro. The firm manages around $1 billion in assets and employs approximately 25 full-time staff. Its mission focuses on supporting companies that blend for-profit goals with positive social impact. The firm specializes in seed and early-stage funding across various sectors, including food, healthcare, climate technology, and consumer industries. Collaborative Fund has invested in over 300 companies, achieving nearly 60 successful exits and contributing to the growth of more than 24 unicorns and IPOs. Notable investments include Sweetgreen, Beyond Meat, and Lyft. Collaborative Fund has also launched specialized investment vehicles, such as the Shared Future Fund for climate technology and the Collab SOS Fund for sustainability. In 2023, the firm expanded its reach into Asia by acquiring a stake in Korean venture capital firm Sopoong Ventures. Additionally, it emphasizes thought leadership through content created by partner Morgan Housel.