Venture Capital

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Rhia Ventures

Rhia Ventures is a social impact investment firm focused on innovative solutions in reproductive health. With investors, activists, innovators, and...

Rhia Ventures logo

Rhia Ventures

Rhia Ventures is a social impact investment firm focused on innovative solutions in reproductive health. With investors, activists, innovators, and entrepreneurs, it works to create a vibrant, just reproductive and maternal health market in the United States. Its activities include systems change to build an inclusive women’s reproductive and maternal health market; capital strategies to leverage private sector investment in women’s health; and advising organizations, investors, and entrepreneurs on health equity and racial equity in capital strategy. RH Capital, a Rhia Ventures fund, is an impact-first venture capital fund investing in early-stage startups in women’s health and health equity.

General information

Firm type

Venture Capital

Year founded

2018

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Principals

Ruth Shaber

Co-Founder and Board Chair

Keisha

Chief Operating Officer

Sector focus

Digital HealthHealthcare Services

Frequently asked questions

Who runs investment decisions at Rhia Ventures?

The firm identifies its core investment vehicle as RH Capital, an impact-first venture fund. It does not publish an investment committee roster or named deal leads. The board — which includes institutional figures such as Janet Yearwood, a former J.P. Morgan Asset Management portfolio manager — provides governance, but day-to-day deployment authority is not publicly attributed to named individuals.

How does Rhia Ventures source proprietary deal flow?

Rhia Ventures combines conventional venture sourcing with a corporate engagement and policy practice that gives it visibility into employer health needs. Its team runs shareholder advocacy campaigns at large public companies, creating a pipeline signal: startups that can solve the reproductive health gaps Rhia is already pressing corporations to close. The firm’s advising practice with foundations and institutional allocators widens the network further.

How is Rhia Ventures related to the Tara Health Foundation?

Ruth Shaber founded both the Tara Health Foundation — a philanthropic vehicle using grants and program-related investments to advance women's health and economic outcomes — and Rhia Ventures, where she serves as board chair. The foundation is a separate entity, while Rhia Ventures functions as a market-facing investment and advocacy platform that can also raise external capital.

Does Rhia Ventures participate in fund commitments or only direct deals?

Public disclosures show Rhia Ventures making direct venture investments through RH Capital. The firm’s website refers to an emerging 'catalytic capital fund' in addition to RH Capital but does not specify whether the firm also allocates to external venture funds. No public record of fund-of-fund commitments was identified.

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