
Investments
140Portfolio Exits
28Funds
7Service Providers
2About SJF Ventures
SJF Ventures is a venture capital firm with offices in Durham, NC, New York, NY, San Francisco, CA and Seattle, WA. Through its investment funds, the firm provides equity financings from $1MM to $10MM, solo or in syndicates, to high growth, positive impact companies seeking expansion capital. SJF Ventures invests across both environmentally- and societally-focused sectors including clean energy and efficiency, asset recovery and logistics, sustainable foods, education and employment, health and wellness, and consumer and enterprise software.
Expert Collections containing SJF Ventures
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find SJF Ventures in 1 Expert Collection, including Packaging & Labeling Tech.
Packaging & Labeling Tech
39 items
Companies providing traditional and tech-enabled packaging and labeling solutions for brands.
Latest SJF Ventures News
Sep 27, 2023
Take Command – a Dallas-based SaaS platform and leader in the rapidly growing employer-sponsored, personalized health benefits space – recently announced it secured $25 million in growth stage financing led by growth equity investor Edison Partners, with participation from current investors LiveOak Venture Partners and SJF Ventures. Take Command is considered the first and largest company in the U.S. to offer end-to-end individual coverage health reimbursement arrangements (ICHRAs), an administrative platform, and access to an individual health marketplace. And ICHRAs are a new alternative to traditional group health insurance. In the past, employees have had to enroll in coverage from prescribed, one-size-fits-all insurance plans, paying for benefits they may not need. ICHRAs instead provide employees with a tax-free stipend they can use to select the plan of their choice and provide employers with a way to mitigate or avoid rate increases. ICHRAs offer employers a savings average of 10-20% in costs while providing employees with unprecedented choice when choosing the right plan for them and their families. And they are compliant with the Affordable Care Act, and their popularity has driven over 10,000 employers to adopt this new benefits model since its inception in 2020, marking 355% growth. With a defined contribution model, the market transformation is often likened to the shift from pension plans to 401(k)s. Companies offer ICHRAs through Take Command, and many small and medium-sized employers are using this HRA model to advance recruitment and retention in a tight job market and as an onramp to offer benefits for the first time. Plus, large employers (Take Command’s fastest growing segment) are utilizing ICHRAs to mitigate annual renewals, improve minimum participation rates, and upgrade from more expensive one-size-fits-all traditional employer-sponsored coverage. Take Command will deploy the investment to build out further an infrastructure that pioneered and continues to shape the future of health benefits. And the company will specifically use the new funding to expand its go-to-market strategy, boost payment functionality across its platform, and innovate new marketplace offerings. KEY QUOTES: “If you look at those growth statistics, it’s clear American employers are eager to invest in their employees while providing themselves the opportunity to take back control of how they spend their healthcare dollars. Our team is looking forward to partnering with Edison, with its reputation for strong, customized value creation support as Take Command continues to build its capabilities to meet the rising demand for ICHRAs as more companies learn about and adopt them.” — Jack Hooper, Founder and CEO of Take Command “As the first-in-market alternative health insurance solution, Take Command is well positioned to capitalize on ICHRA’s meteoric growth. Edison is proud to play a role in helping the company scale into their next phase of growth and further accelerate Take Command’s journey to building the leading health benefits technology company.” — Edison Partners General Partner Gregg Michaelson, who led the investment and will join the board of directors Trending on Pulse 2.0
SJF Ventures Investments
140 Investments
SJF Ventures has made 140 investments. Their latest investment was in Take Command Health as part of their Series B on September 9, 2023.

SJF Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/19/2023 | Series B | Take Command Health | $25M | No | 3 | |
7/27/2023 | Series A | Revalue Nature | $10.01M | Yes | 1 | |
7/19/2023 | Series C | Terabase Energy | $25M | No | 5 | |
6/22/2023 | Series B | |||||
4/13/2023 | Series A |
Date | 9/19/2023 | 7/27/2023 | 7/19/2023 | 6/22/2023 | 4/13/2023 |
---|---|---|---|---|---|
Round | Series B | Series A | Series C | Series B | Series A |
Company | Take Command Health | Revalue Nature | Terabase Energy | ||
Amount | $25M | $10.01M | $25M | ||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 3 | 1 | 5 |
SJF Ventures Portfolio Exits
28 Portfolio Exits
SJF Ventures has 28 portfolio exits. Their latest portfolio exit was MediaMath on August 23, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/23/2023 | Asset Sale | 6 | |||
4/27/2023 | Acquired | 5 | |||
8/31/2022 | Acq - Fin | 2 | |||
SJF Ventures Fund History
7 Fund Histories
SJF Ventures has 7 funds, including SJF Ventures V.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
2/4/2021 | SJF Ventures V | $175M | 2 | ||
12/15/2016 | SJF Ventures IV | ||||
10/24/2016 | SJF Ventures IVA | ||||
3/11/2013 | SJF Ventures III | ||||
3/11/2013 | SJF Ventures IIIA |
Closing Date | 2/4/2021 | 12/15/2016 | 10/24/2016 | 3/11/2013 | 3/11/2013 |
---|---|---|---|---|---|
Fund | SJF Ventures V | SJF Ventures IV | SJF Ventures IVA | SJF Ventures III | SJF Ventures IIIA |
Fund Type | |||||
Status | |||||
Amount | $175M | ||||
Sources | 2 |
SJF Ventures Service Providers
2 Service Providers
SJF Ventures has 2 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel | General Counsel | ||
Service Provider | ||
---|---|---|
Associated Rounds | ||
Provider Type | Counsel | |
Service Type | General Counsel |
Partnership data by VentureSource
SJF Ventures Team
11 Team Members
SJF Ventures has 11 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Rick Defieux | Allegra Partners | Founder | Current |
Name | Rick Defieux | ||||
---|---|---|---|---|---|
Work History | Allegra Partners | ||||
Title | Founder | ||||
Status | Current |
Compare SJF Ventures to Competitors
DBL Partners is a venture capital firm that invests in the cleantech, information technology, sustainable products and services, and healthcare sectors to deliver venture capital returns and enable social, environmental, and economic benefits. It was founded in 2002 and is based in San Francisco, California.

CleanTechnica is a news website. It provides information about the cleantech industry. It focuses on solar energy, wind energy, electric cars, and other clean technologies. The company was founded in 2008 and is based in El Cerrito, California.
Discovery Ventures is a healthcare venture capital fund. The firm seeks to invest in the health tech, gene therapy, bionics, stem cells, nanotechnology, and biotechnology sectors. It was founded in 1998 and is based in Wilmington, Delaware.
Metrodora Ventures is a venture capital firm with a focus on the health and learning sectors. The company primarily invests in early-stage businesses, providing financial backing to help them grow. It was founded in 2020 and is based in New York, New York.
Horizon Technology Finance (NASDAQ: HRZN) is a specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries. The company was founded in 2003 and is based in Farmington, Connecticut. In July 2023, Horizon Technology Finance was acquired by Monroe Capital. the terms of the transaction were not disclosed.
SOCAP Global provides a thought leadership platform and a global ecosystem and marketplace featuring social entrepreneurs, investors, foundation and nonprofit leaders, government and policy leaders, creators, corporations, academics, and others. It organizes live and digital experiences that educate, spur conversation, and inspire investment in positive impact. The company was founded in 2008 and is based in Princeton, New Jersey.
Loading...