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Bridge Builders Collaborative
A group of successful business leaders investing in startups in the space of mental wellness, consciousness spirituality
Bridge Builders Collaborative
A group of successful business leaders investing in startups in the space of mental wellness, consciousness spirituality
General information
Firm type
Generalist
Year founded
2013
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Minneapolis
Corporate office
Minneapolis, MN, United States
Principals
Charlie Hartwell
Managing Partner
Maureen Pelton
Co-Founder
Austin Hearst
Partner
Scott Kriens
Partner
Jeff Walker
Partner
Randall Mays
Partner
Sabrina Gracias
Partner
Sector focus
Frequently asked questions
Who makes investment decisions at Bridge Builders Collaborative?
Charlie Hartwell and Maureen Pelton serve as the primary deal leads and managing partners. The collaborative operates with a streamlined decision process given the syndicate structure — each partner reviews opportunities and opts in on a deal-by-deal basis. No external investment committee or LP advisory board governs allocations.
How does Bridge Builders source deals differently from traditional VCs?
The collaborative's narrow thesis and operator-heavy partner base create founder-led inbound deal flow. Portfolio founders and wellness-industry networks — including Charlie Hartwell's participation in the Global Wellness Institute — feed the pipeline. The group's early backing of Calm and Headspace established credibility that attracts entrepreneurs building mental-health technology before they shop to generalist VCs.
Does Bridge Builders operate as a venture fund or a family-office syndicate?
Bridge Builders is structured as a syndicate, not a blind-pool venture fund. Partners invest personal capital through special-purpose vehicles on a per-deal basis. There is no committed fund vehicle, no LP base beyond the named partners, and no external fundraising cycle — a structure that enables speed and thesis purity at the expense of institutional scale.
Which investment stages does Bridge Builders typically target?
The collaborative concentrates on early-stage companies, typically seed through Series A. Portfolio commitments span the earliest institutional rounds for consumer wellness apps and neurotechnology platforms. Growth-stage follow-ons are less common given the deal-by-deal syndicate model and the absence of a reserve-allocation mandate.
How are the philanthropic foundations linked to the investment activity?
Several partners maintain separate philanthropic vehicles — including the 1440 Foundation (Scott Kriens), the Mays Family Foundation (Randall Mays), New Profit (Jeff Walker), and the Ortus Foundation (Sabrina Gracias). These foundations operate independently from the investment syndicate, though thematic overlap exists: the 1440 Foundation funds decision-education curricula, while Bridge Builders invests in for-profit companies applying similar cognitive-science principles to consumer products.
What is the Hearst family's role in Bridge Builders Collaborative?
Austin Hearst, a member of the Hearst Corporation board and grandson of William Randolph Hearst, participates as a named partner alongside his wife, designer Gabriela Hearst. The Hearst connection brings media, luxury, and cultural-institution relationships that complement the syndicate's wellness focus. Hearst Tower in New York and the Faena Hotel in Buenos Aires reflect the broader asset base of the collaborative's members.
What sectors does Bridge Builders Collaborative explicitly avoid?
The collaborative does not invest outside human wellness and brain health. Explicit gaps include enterprise SaaS, industrial technology, fintech, and life-sciences therapeutics. Even within digital health, the group avoids provider-focused clinical workflow tools and payer-tech platforms, concentrating exclusively on direct-to-consumer and research-backed interventions for mental and cognitive well-being.
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