newschools-venture-fund
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Jennifer Carolan
Jennifer Carolan is co-founder and general partner at Reach Capital, a San Francisco-based venture capital firm she helped build from the ground up to become the most active dedicated edtech investor in the US. A former K-12 history teacher in Chicago who spent nine years learning venture capital at NewSchools Venture Fund, she has since deployed four funds totaling over $500M across 100+ education technology companies. Her portfolio has produced five unicorns including ClassDojo and Handshake, and she continues to teach at Stanford while backing the entrepreneurs she believes are removing the obstacles standing between people and opportunity.
Wayee Chu
Wayee Chu is Co-Founder and General Partner at Reach Capital, a San Francisco-based venture firm with $570M+ under management and 140+ portfolio companies across learning, health, and the future of work. A daughter of Chinese immigrants who came to the US for education, Wayee spent eight years at NewSchools Venture Fund - co-founding its Seed Fund in 2006 - before building Reach Capital into one of edtech's defining early-stage firms. She is a founding member of All Raise, sits on the SFMOMA board, and was named an ASU+GSV Power of Women honoree in 2025. Her portfolio spans Replit, ClassDojo, Clayful, Gradescope, and dozens of other companies reshaping how people learn and work.