Venture Capital

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One Better Ventures

One Better Ventures develops consumer-centric businesses that have a positive impact on the world. We advise, help operate and invest in mission-driven...

One Better Ventures logo

One Better Ventures

One Better Ventures develops consumer-centric businesses that have a positive impact on the world. We advise, help operate and invest in mission-driven companies with brands, products, business models and teams that have scalable potential.

General information

Firm type

Venture Capital

Year founded

2013

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Raleigh

Corporate office

Raleigh, NC, United States

Principals

John Replogle

Partner

Doug Haensel

Partner

Jim Geikie

Partner

Peter Graham

Partner

Pete Alberise

Partner

Joe Bowman

Partner

Nana Myhand

Chief of Staff

Sector focus

Consumer ProductsHealth & Wellness

Frequently asked questions

Who runs investment decisions at One Better Ventures?

Investment decisions are made by the partnership, which is led by John Replogle and includes Doug Haensel, Jim Geikie, Peter Graham, Pete Alberise, and Joe Bowman. Each partner brings deep operational experience from companies like Burt's Bees, Seventh Generation, and Unilever, so investment selection is driven by their collective ability to identify brands they can personally help scale.

How is One Better Ventures structured — as a fund or an operating company?

The firm is structured as a partnership, not a traditional fund. It does not raise discrete fund vehicles with limited partners; instead, it partners directly with management teams by providing both capital and embedded operating resources. This gives the firm the posture of a strategic acquirer or operating partner rather than a passive financial investor.

What is One Better Ventures' track record with previous brands?

Multiple partners worked together at Burt's Bees, leading it through rapid growth and eventual sale to Clorox. John Replogle was CEO of Seventh Generation until its 2016 sale to Unilever. Peter Graham served as Chairman of Seventh Generation for 17 years. These exits are part of the partnership's shared operating history, not fund-level returns.

Does One Better Ventures participate in fund commitments or only direct deals?

One Better Ventures pursues only direct, hands-on partnerships with operating companies. There is no public indication that it acts as a limited partner in external venture or private equity funds.

What investment stages does One Better Ventures typically target?

The firm targets growth-stage companies that have a demonstrated track record of success and are ready to scale. It does not focus on seed or very early-stage startups. Its resources are designed to expand distribution, professionalize operations, and build brand marketing — activities suited to companies entering a rapid growth phase.

How is One Better Ventures related to the B Corporation movement?

One Better Ventures is a certified B Corporation, meaning it has committed to legally defined standards of social and environmental performance, accountability, and transparency. The certification is embedded in the firm's governance, and it donates 10% of its profits to charitable causes.

How does One Better Ventures source proprietary deal flow?

Its deal flow is rooted in the personal networks of its partners, who are long-tenured executives across the natural and consumer products industry. The firm's reputation from building Burt's Bees and Seventh Generation, combined with its direct operating model, attracts founders seeking more than just capital.

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