Turning bold ideas into impact
Blue Ridge Labs
Blue Ridge Labs is Robin Hood's venture studio for scaling innovations to solve the most pressing social challenges.
Follow-On Fund
BRL provides follow-on funding ranging from $150K-$400K+ to support portfolio companies as they scale past the initial pre-seed accelerator stage ($100K check size/grant via Catalyst Accelerator)
For Companies and Non-Profits
Mission-Aligned Capital
The Follow-On Fund helps ventures expand their operations, reach a wider audience, and build a stronger team. Follow-on funding from Blue Ridge Labs is a signal of confidence, reflecting our long-term commitment to the founders we believe in.
How it Works
First check from Robin Hood
Startups receive their initial investment during the Founder Fellowship or Catalyst, often at the earliest stages of company formation and validation.
Raising the next round
After completing our program, ventures begin raising their next round of capital from outside investors including angels, VCs, and foundations.
Follow-on investment from Robin Hood
Typically if a venture secures commitments from professional investors and meets our Foundation’s charitable purpose, we may participate in the same round (i.e., on the same terms) to help close the round and sustain momentum.
Eligibility
Founders who have participated in BRL’s Fellowship or Catalyst programs and are building on work that emerged from those programs, or launching a new company that extends prior work in furtherance of Robin Hood’s charitable purpose.