Designer Fund Raises Fund III, at $40M
Summary
Launched in 2014 by Ben Blumenrose and Enrique Allen, Designer Fund invests in early-stage tech companies that use design to improve health, sustainability, and prosperity for all people. The firm has invested in and partnered with nearly 100 startups, including Stripe, Gusto, Notion, Commure, and Netlify, to help hire and manage design teams, provide expert design advice, and offer professional development with a network of top designers and founders. In addition to the new fund, the firm is growing its Designer Fund Collective, a community of hundreds of founders, advisors, and design leaders who are committed to improving the world with good design. Collective members can participate in a members-only Slack workspace, virtual events, and in-person gatherings around subjects ranging from scaling early-stage design teams to driving business impact through design. Designer Fund was and is now open for new investments.