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The Partnership Fund for New York City acts as the investment arm of the Partnership for New York City, focusing on urban economic development. It has a portfolio of four companies and aims to create jobs and provide services to low-income communities. The fund emphasizes collaboration with public sector partners to address critical urban challenges.
This fund invests in seed, Series A, and growth equity stages across sectors such as consumer, healthcare, fintech, and commerce. The primary goal is to support businesses, nonprofits, and public-private partnerships that create jobs and enhance economic opportunities for disadvantaged populations in New York City.
Notable portfolio companies include Citi Bike, which provides sustainable transportation; Grameen America, offering financial mobility to low-income women; Greenpoint Manufacturing & Design Center, supporting small manufacturers; and Hot Bread Kitchen, which helps marginalized groups achieve financial stability through food careers.
Submit through their form at partnershipfundnyc.org.
The fund typically participates in rounds but may lead depending on the specific investment opportunity and alignment with its mission.
The fund is open to follow-on investments, particularly for companies that demonstrate significant impact and growth potential in underserved communities.
The specific size of the current fund is not disclosed, but it focuses on impactful investments in New York City.
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