Magnify Ventures Fund II

United States
Pre Seed
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About Magnify Ventures Fund II

Closed Fund II at $46.6M for AI infrastructure for the care economy — health, wealth, and family care. Pivotal Ventures (Melinda French Gates) returned as anchor. Brings total AUM to ~$100M across two funds. Pre-seed and seed checks of $250K-$2M.

Investment Focus

Location / RegionUnited States
Funding StagePre Seed
Industry Focus
Ai Ml
Digital Health
Fem Tech

Investor Signals Profile

active

Sweet Spot

Founder building AI infrastructure for health, wealth, or family care

care economy AI
health-wealth-family
aging-in-place
family fintech
longevity

Bullish Signals

Pivotal Ventures returned as anchor LPblog
~$100M total AUM across two fundsblog
Category-defining Care Summit and researchblog
Unum Fortune 500 insurer as strategic LPblog

Contrarian Signals

Fund II slightly smaller than Fund Iblog
Care economy exits unproven at scaleblog

Founder Do's

Build AI for households or care navigation
Target care economy infrastructure layer
Show how AI changes unit economics
Accept $250K-$2M pre-seed/seed check
Leverage Pivotal Ventures and Unum network

Founder Don'ts

Pitch direct-to-consumer care services
Build without AI cost-reduction thesis
Expect generalist consumer app support

Key GPs & Partners

JD
Joanna Drake
Co-Founder & Managing Partner
community-builderthesis-drivenhands-on
JW
Julie Wroblewski
Co-Founder & Managing Partner
community-builderthesis-driven

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Fund Overview

Fund Size$46.6M
Saves0

Key People

Joanna Drake, Julie Wroblewski

Joanna DrakeCo-Founder & Managing Partner
Julie WroblewskiCo-Founder & Managing Partner

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