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JFF Ventures
JFF Ventures, the venture capital arm of Jobs for the Future, invests in early-stage startups building the future of work and education.
JFF Ventures
Jobs for the Future (JFF) is a Boston-based nonprofit founded in 2017. It focuses on transforming U.S. education and workforce systems. JFF aims to create equitable economic advancement and expand access to quality jobs for underserved populations.
General information
Firm type
Venture Capital
Year founded
2017
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Boston
Corporate office
Boston, MA, United States
Additional offices
Oakland, CA · Washington, DC
Principals
Maria Flynn
President and CEO, Jobs for the Future
Yigal Kerszenbaum
Managing Director, JFF Ventures
Sector focus
Frequently asked questions
How does JFF Ventures source proprietary deal flow?
JFF Ventures leverages the parent nonprofit's deep employer and policymaker networks. Jobs for the Future works directly with more than 1,000 employers and hundreds of education institutions, giving the venture team visibility into workforce challenges before they become widely recognized. Portfolio companies are often identified through pilot programs or research initiatives that JFF runs with corporate and philanthropic partners.
Is JFF Ventures structured as a corporate venture arm or an independent fund?
JFF Ventures operates as the venture capital division of Jobs for the Future, a 501(c)(3) nonprofit. It is not a corporate venture arm tied to a single operating company, but it functions with similar strategic intent—investing in startups that align with JFF's broader workforce-development mission. Fund returns are reinvested into the nonprofit's programs.
What investment stages does JFF Ventures typically target?
The fund focuses on early-stage companies, primarily Seed and Series A rounds. Initial check sizes typically range from $250,000 to $1 million, with reserves for follow-on investments in portfolio companies that demonstrate product-market fit and measurable impact on workforce outcomes.
Which sectors does JFF Ventures explicitly avoid?
JFF Ventures has publicly stated it does not invest in companies whose primary business is standardized test preparation, for-profit college management, or platforms that replace rather than augment human workers. The fund's explicit mandate excludes ventures that deepen rather than close economic mobility gaps, according to public statements from the firm's leadership.
Does JFF Ventures maintain philanthropic structures, and how are they separated?
JFF Ventures exists within Jobs for the Future, a 501(c)(3) nonprofit that also receives major grants from philanthropic foundations including the Bill & Melinda Gates Foundation and the Walmart Foundation. The venture arm's investments are structured as program-related investments or through separate LLC vehicles to maintain legal separation between charitable assets and equity holdings.
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