Third Sphere
Third Sphere
New York, New York, United States
New York, New York
Stage
Debt, Early Stage, Private Equity, Seed, Venture
Type
Venture Capital
Description
Third Sphere is Pre-Seed and Seed stage fund focused on rapid, scalable climate action and targeting outsized impact and outsized returns. Third Sphere works for founders transforming global systems. We’ve made over 100 investments in notable firms like Cove Tool, OneWheel and Bowery Farming. We’re usually a pre-customer investor and offer traditional venture as well as credit finance, along with coaching and connections to over 12,000 customers, investors focused on re-imagining our planet. Our team is ranked in the 99th percentile of climatetech investors on NFX Signal, and Techcrunch named us one of the top 10 VCs founders love the most.
Mission
The Third Sphere platform helps to connect portfolio founders with leading founders, investors, and customers in climatetech. We use it internally to source the most promising investments and to make introductions within our network in order to increase our portfolio’s chances of achieving rapid impact at scale. We support founders who turn theory into action as they work to build a better world for everyone. We fundamentally reshape broken global systems by connecting the best people reimagining our world to resources and each other.
Beauty Investments #
1
Primary Sector
Climate/Consumer/Beauty
Beauty Exits #
- 0
Last Beauty Invest
Jun, 2023-SOS-$7.6M
BEAUTY PORTFOLIO
| How to Apply? | Contact Email hello@thirdsphere.com |
| Criteria |
Our network empowers us to raise capital for, and expand the impact of, productive new businesses that advance society. It does that by quickly connecting founders not just to customers, but to the talent they need to help realize their vision. That includes other founders, functional or industry experts, and especially other investors. Our investments are designed to minimize dilution and preserve ownership for your team without compromising on rapid growth and impact. That’s why in addition to venture investment, we lend and create asset finance structures like leasing vehicles. In all cases, we’re focused on accelerating growth, which requires more than capital. It takes direct coaching, and connecting teams to customers, talent, and co-investors. They support founders who turn theory into action as they work to build a better world for everyone. We use early stage capital to upgrade systems. That starts with finding the sectors currently not working with consideration for people, businesses, or general public responsibility – everything from infrastructure to supply chains. Because ensuring our future takes more than reducing carbon emissions. |
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IMPERATIVE: CULTURE & VALUES
Productive
Inventive
Valuable relationships
Responsible consumption & production
TBD
TBD
BEAUTY FUNDER FIT SCORE
Resources
Education
Accelerator
Network
1:1
3.6/10
*This score calculates the likelihood of any beauty brand getting funded by the investor. The score gives weights to number of beauty investments, recency of beauty investment, number of beauty exits, inclusivity inclination, resources offered, etc.
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LEAD DETAILS
Lead Contact
Shaun Abrahamson
Title
Managing Partner
Email Id
Twitter Handle
JUMP CONCLUSION
Third Sphere targets early-stage ventures focused on scalable climate action solutions, prioritizing companies that can reduce greenhouse gas emissions and enhance resilience without a cost premium. They prefer to be first-in capital in pre-seed and seed rounds, facilitating institutional funding and ownership expansion before Series A, with a geographic focus on U.S. innovation hubs like California, New York, and Massachusetts, and select international cities like Berlin and Toronto. Their diverse industry interests include software, clean energy, transportation, and hardware, aiming to foster climate tech advancements with significant environmental impact.
SOS has signed a deal with Ulta and can be a great network partner to both get inside information, category information as well as the right introductions to pitch, sell-in and win with the beauty retailer.
Casual Beauty Funder Fit but if your beauty brand is trying to solve a big climate or eco problem and an impact that is significant for all to pay attention, then worth a shot.