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NaHCO3 operates as a venture capital firm, dedicating its resources to early-stage investments in companies led by transformational figures. The firm specifically seeks out organizations poised to drive progress globally, foster community connections, and enrich the overall human experience through their initiatives. Its investment strategy centers on identifying and empowering innovators who are developing solutions designed to propel societal advancement.
The firm was established in 2016, with Ashley Merrill recognized as a principal and key figure. Merrill’s professional journey began within the venture capital and digital technology sectors, later expanding into online consumer brands, notably through her founding of Lunya. This background in both investment and direct consumer business likely informs NaHCO3’s strategic approach to supporting new enterprises.
NaHCO3 directs its investments toward founders and organizations that align with its core philosophy of positive global impact. The firm’s long-term vision is centered on facilitating communities to achieve their utmost potential, actively working to remove impediments that might hinder teams and ventures from realizing their full capabilities. It aims to back entities that ultimately enhance life experiences for a broad audience.
Key people at NaHCO3.
NaHCO3 has 1 tracked investment across 1 company. The latest tracked deal is $6.5M Seed in Mighty in July 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 2, 2021 | Mighty | $6.5M Seed | Animo Ventures | Collaborative Fund, Humbition, Maveron, Sesame Workshop |
Key people at NaHCO3.