Forage
EO Ventures is an early-stage venture firm that invests in founders building businesses to expand economic mobility in America. The firm focuses on sectors including public sector technology, AI and data infrastructure, health, education and workforce training, and fintech. Its portfolio includes companies like Forage, which enables SNAP EBT online payments, and Unite Us, a care coordination platform.
- Artificial Intelligence
- Education Technology
- Financial Technology
- Government Technology
- Healthcare Technology
Funding
Founders
Product
Problem
Many Americans face significant barriers to economic mobility, including limited access to quality healthcare, education, workforce training, and financial tools. Government systems and social services are often outdated and inefficient, making it difficult for vulnerable populations to access the support they need to build long-term wealth and stability.
Solution
EO Ventures is an early-stage venture firm that partners with founders building businesses designed to expand economic mobility across America. The firm focuses on five key sectors: public sector and safety technology, AI and data infrastructure, health, education and workforce training, and fintech and financial stability. EO Ventures provides capital, operational support, and data-driven insights to help portfolio companies scale their impact. The firm's approach is grounded in long-standing quantitative research on the forces that shape economic mobility, guiding investments toward companies that modernize government systems, improve care access, and create pathways to higher-wage careers.
Target Audience
EO Ventures serves founders building early-stage companies in healthcare, education, fintech, public sector technology, and AI infrastructure. The firm's primary customers are entrepreneurs whose businesses aim to improve economic mobility for underserved American communities.
Features
- Focus on five core sectors: public sector technology, AI/data infrastructure, health, education/workforce, and fintech
- Data science-led investment approach informed by quantitative research on economic mobility
- Alpha Fellowship program, a partnership with Andreessen Horowitz, placing top talent at portfolio companies
- Portfolio includes Forage (SNAP EBT online infrastructure), Unite Us (cross-sector care coordination), and Stepful (healthcare workforce training)
- Emphasis on companies that modernize government systems and improve access to essential services