NewSchools Venture Fund was created in 1998 by social entrepreneur Kim Smith and venture capitalists John Doerr and Brook Byers, each of whom had witnessed the power visionary entrepreneurs held to create dramatic change in other sectors, such as technology. NewSchools’ founders believed that education entrepreneurs could similarly bring about much-needed change in public education if they had access to both early-stage capital and strategic, hands-on support to start and grow their organizations.

Newschools Fund I ($20 million, 1998 – 2002)

Newschools Fund II ($50 million, 2002 – 2006)

NewSchools Fund III ($75 million, 2006 – 2010)

NewSchools Fund IV (2010 – 2012)

NewSchools’ fourth fund included the NewSchools Innovation Fund and our City Funds.