Strategy
Geographies
Santa Monica, CA
Funds
1| Fund | Vintage | Size | Strategy | Stage | Status |
|---|---|---|---|---|---|
| Magnify Ventures Fund II | 2026 | $46.6M | — | — | closed As of 2026Value Add VC funds tracker |
Latest Pulse
- Jul 2, 2026Melinda Gates' Pivotal Ventures Backs Magnify Ventures' $46.6M Fund IIMagnify Ventures, the care-economy-focused firm founded by Joanna Drake and Julie Wroblewski, closed a $46.6 million Fund II with Melinda French Gates' Pivotal Ventures as an anchor LP, following Pivotal's similar anchor role in the firm's $52 million Fund I.→
- Jul 2, 2026Melinda Gates' Pivotal Ventures Backs Magnify Ventures' $46.6M Fund II for the Care EconomyPivotal Ventures, Melinda French Gates' investment firm, anchored Magnify Ventures' second fund, which closed at $46.6 million on July 2 to back AI tools for households, health and home systems, and fintech infrastructure for families. Magnify, founded by Joanna Drake and Julie Wroblewski in 2021, previously raised a $52 million Fund I in 2022 also anchored by Pivotal Ventures, and counts childcare platform Kinside and children's expense app Till Financial among its portfolio.→
Sources & methodologyshow
Where these figures come from
- Value Add VC funds trackerValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.