About Rethink Impact
Rethink Impact is a venture capital firm founded in 2015. It is primarily based out of Washington, DC, United States. As of Sep 2026, Rethink Impact is an active investor, having invested in 52 companies, with 3 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and HealthTech. Most recently it participated in the $***** Series B round of Evvy Overall, Rethink Impact portfolio has seen 3 unicorns and 8 acquisitions including key companies like Spring Health, EVERFI and Incredible Health. A lot of funds co-invest with Rethink Impact, with names like GingerBread Capital sharing a substantial percentage of its portfolio. Rethink Impact has team of 6 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Rethink Impact's List of Top Investments
Rethink Impact has a portfolio of 52 companies, including 3 unicorns. Their most notable investments are in Clarity Pediatrics and Allswell.Their portfolio spans across United States and India. They have invested in Enterprise Applications, Consumer, HealthTech and 19 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by Rethink Impact:
Tech enabled mental healthcare solutions and health plans for employers. It offers a platform that leverages data to match individuals with care, ranging from digital support to in person therapy. The platform includes personalized care plans, appointment scheduling, and access to on demand wellness exercises. The solution also incorporates an employee assistance program with assessment, personalized recommendations, and access to a diverse network of providers.
Key facts about Spring Health
- Founded Year: 2016
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $474M
- Employee Count: 3,902 as on Sep 30, 2026
- Investors: Generation Investment Management, Northzone and 31 Others
- Latest Funding Round: Series E, Jul 16, 2024, $*****
- Highlight: Editors' Pick
2. EVERFI
Everfi provides online courses for workplace training, higher, and school educational institutes. It provides courses on various life skill topics including health and wellness, adult consumer education, entrepreneurship, workplace training, people management, finances, drug safety, professional development courses for teachers, etc. It works on a subscription-based model.
Key facts about EVERFI
- Founded Year: 2008
- Location: Washington, DC (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $252M
- Employee Count: 264 as on Sep 30, 2026
- Investors: Allen & Company, Savano Capital Partners and 22 Others
- Latest Funding Round: Series D, Apr 26, 2017, $*****
- Highlight: Acquired
3. Wellthy
Online platform to guide families and patients with long term health conditions. It provides care concierge for caregivers with a digital dashboard and real-time advice from care experts, health plans to enhance care management and improve the member experience.
Key facts about Wellthy
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $80M
- Employee Count: 326 as on Sep 30, 2026
- Investors: Workday Ventures, India Infoline and 24 Others
- Latest Funding Round: Series B, May 11, 2023, $*****
- Highlight: Editors' Pick
4. Change
Provider of an online platform for creating and sharing petitions. This platform allows individuals and organizations to initiate petitions on various issues, garner support from others, and engage with decision-makers. The platform facilitates the sharing of petitions through social networks and other channels to build momentum. The goal is to enable users to collectively advocate for change on matters of importance to them.
Key facts about Change
- Founded Year: 2005
- Location: India
- Stage: Series C
- Total Funding till date: $73.4M
- Employee Count: 375 as on Sep 30, 2026
- Investors: Western Technology Investment, Obvious Ventures and 23 Others
- Latest Funding Round: Angel, May 26, 2017, $*****
- Highlight: Editors' Pick
5. Evidation
Real-world health data insights for better healthcare decisions and research. The company connects directly with individuals to gather real-world health data, providing valuable insights for healthcare and research. They empower individuals to contribute their health data and benefit from its value, fostering a community focused on improving health outcomes. The company partners with organizations across life sciences, healthcare, government, and research to drive discoveries and advance healthcare. They offer solutions for patient insights, recruitment, real-world studies, and data analysis, leveraging diverse data sources like electronic health records, patient-reported outcomes, and data from devices. The company is committed to building trust and transparency, ensuring individuals have control over their data and are rewarded for engaging with their health. Their platform facilitates research and programs across various health conditions, contributing to a deeper understanding of health and disease.
Key facts about Evidation
- Founded Year: 2012
- Location: Menlo Park (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $259M
- Employee Count: 91 as on Sep 30, 2026
- Investors: Cross Creek, G Squared and 16 Others
- Latest Funding Round: Grant (prize money), Jul 14, 2025, $*****
- Highlight: Editors' Pick
Rethink Impact's Year-on-Year Investment Trends
Rethink Impact has invested in 52 companies over the last 11 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Sep 2026, it has made 3 investments in this year. Its most recent first time investment was in Evvy and most recent follow-on round was in Clarity Pediatrics.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 6 | 1 | 7 |
2024 | 5 | 2 | 7 |
2023 | 1 | 1 | 2 |
2022 | 4 | 1 | 5 |
2021 | 4 | 3 | 7 |
2020 | 4 | 4 | 8 |
2019 | 2 | 4 | 6 |
2018 | 8 | 2 | 10 |
2017 | 4 | 0 | 4 |
Rethink Impact's Investments by Stage
Rethink Impact has made 17 investments in Series A stage with an average round size of $12.5M, 15 investments in Series B stage with an average round size of $31.1M, 7 investments in Seed stage with an average round size of $5.71M, 3 investments in Series C stage with an average round size of $52.9M and 1 investment in Series D stage with an average round size of $45M.Stage of entry | No. of Investments |
|---|---|
Series A | 17 |
Series B | 15 |
Seed | 7 |
Series C | 3 |
Series D | 1 |
Note: We have considered here, only first round of investments
Rethink Impact's Investments by Sector
Rethink Impact has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Consumer, EdTech and Sustainability Tech. Notably, it has invested in 45 Tech companies, 35 Enterprise (B2B) companies, 29 Consumer (B2C) companies and at least 25 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 19 |
HealthTech | 14 |
Consumer | 13 |
EdTech | 7 |
Sustainability Tech | 7 |
Others | 45 |
Note: We have considered here, only first round of investments
Rethink Impact's Investments by Geography
Rethink Impact has made most investments in United States (43).Rethink Impact's recent investments
Rethink Impact has made 3 investments in 2026 so far. Evvy and Allswell are the latest among them.Here are the most recent investments by Rethink Impact:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 15, 2026 | United States | Series B | 5792 | ||
Jun 25, 2026 | United States | Seed | 2991 | [+4] | |
Mar 10, 2026 | United States | Series A | 6815 | [+1] | |
Dec 17, 2025 | United States | Series A | 8355 | ||
Sep 05, 2025 | United States | Series A | 8292 | [+5] |
Unicorns in Rethink Impact's Portfolio
Rethink Impact has 3 unicorns in its portfolio - Incredible Health, Spring Health and Guild. The most recent unicorn in their portfolio is Incredible Health. It became a unicorn in 2022.Here is a list of unicorns in Rethink Impact's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Online job board platform for healthcare nurse jobs | 2017 | San Francisco | Series B | cbpojtn | ||
82 | Tech enabled mental healthcare solutions and health plans for employers | 2016 | New York City | Series E | gawfzyn | ||
59 | Provider of corporate training solutions | 2015 | Denver | Series F | ufnizym |
Acquired companies in Rethink Impact's Portfolio
8 companies from Rethink Impact's portfolio have been acquired. The most recent acquisition was CareAcademy in Nov 2025 by Activated Insights for $*****.Here are Rethink Impact's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 12, 2025 | Jun 11, 2020 | Series A | 4377 | |
Jan 02, 2025 | Aug 03, 2016 | Series C | 4557 | |
Jan 24, 2022 | Aug 23, 2017 | Series B | 7703 | |
Jan 13, 2022 | Jul 01, 2015 | Series B | 2799 | |
Aug 04, 2021 | - | - | 9277 |
Team profile of Rethink Impact
Rethink Impact has a team of 6 members including 1 Partner and 2 Principals located in United States. Rethink Impact's team sits on the board of 3 companies.Here is a list of all team members in Rethink Impact:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | Spring Health, Ketos Water and 1 more | ||
Principal | Oakland | - | ||
Principal | Brooklyn | - |
Co-investors of Rethink Impact
Over the past 11 years, 435 investors have co-invested in Rethink Impact's portfolio companies. This includes funds and angels.
- Invested before Rethink Impact: Rethink Capital Partners, Khosla Ventures and 183 others have invested in rounds before Rethink Impact. There are 3 companies where Rethink Capital Partners has invested before Rethink Impact and 3 companies where Khosla Ventures has invested before Rethink Impact.
- Top Co-investors of Rethink Impact: 139 investors entered a company along with Rethink Impact. These include investors like GingerBread Capital (5 companies).
- Invested after Rethink Impact: A total of 111 investors have invested in Rethink Impact's portfolio after their investments. Top Investors include GingerBread Capital (4 companies), Citi Impact Fund (3 companies) and Eric Schmidt (2 companies).
Recent News related to Rethink Impact
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Allswell Raises $7M Seed to Build the Insurance-Covered Behavioral Health Home for the LGBTQ+ CommunityPr•Oct 14, 2026•Allswell, Rethink Impact, Techstars, Magnify Ventures and 1 other
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Nectir Secures $12.5M to Scale AI Infrastructure for Educational InstitutionsPR Newswire•Mar 10, 2026•Strada Global, GingerBread Capital, Rethink Impact, Strada Partners
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AI-based water analytics startup Ketos raises $18 millionAIBusiness•Feb 24, 2026•Ketos Water, better ventures, Illuminated Funds Group, Ajax Strategies and 5 others
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The AlleyWatch Startup Daily Funding Report: 12/9/2025AlleyWatch•Dec 09, 2025•Parallel, Manuatelier, Rethink Impact, Valspring Capital
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Seven Starling Secures $8M to Expand Maternal Mental Health Platform NationallyHIT Consultant•Sep 18, 2025•Zeal Capital Partners, Seven Starling, Magnify Ventures, Rethink Impact and 10 others
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Nursing home robots startup Andromeda powers up on $23 million Series AStartup Daily•Sep 09, 2025•Andromeda, Rethink Impact, Forerunner Ventures, Visible Ventures and 3 others
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Flex Secures $15M to Unlock $150B in Untapped Pre-Tax SpendingGlobeNewswire•Sep 03, 2025•Flex, First Round Capital, Flex, Y Combinator and 10 others
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Parallel gets new funding for its teletherapy platform for kids with special needsTechCrunch+•Jul 15, 2025•Parallel, Rethink Impact
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AllSpice raises $15M Series A to be GitHub for Electrical Engineering TeamsTechCrunch+•Jun 23, 2025•AllSpice, Rethink Impact, L’ATTITUDE Ventures, GingerBread Capital and 1 other
