/Investor DB

Steele Foundation for Hope

Foundation

17 people tracked

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Investment thesis

The foundation backs individual leaders, creators, and entrepreneurs over institutions, providing patient philanthropic capital to for-profit companies developing essential products and services for humanity's most pressing problems. It funds ventures that deliver sustainable access to healthcare, clean water, food, and education in low-resource settings worldwide, favoring practical, scalable innovations. Investment decisions weigh the leader's character and competence, the ingenuity of their solution, and the economic viability of their business model. Check sizing is collaborative, sufficient to recruit top talent and build the best product while enabling profitable growth. All financial gains from its investments are recycled to fund future companies. The foundation is self-funded and does not accept outside contributions.

Source: firm website, verified Oct 2, 2026.

Leads rounds
Leads
Instruments
Equity · Grants
Founded
2022
AUM
$350M
Tracked investments
25

Team · 17 people

from the firm's website
Jennifer Newell· Foundation Coordinator
Joe Exner· Chairman and CEO
Stuart Steele· Founder
Suzanne Steele· Founder, Board Director
Art Desaulnier· Board Director
Chad Gifford· Board Director
Dr. Rebecca Weintraub· Senior Advisor
Erinn Steele· Board Director
Howard Brodksy· Board Director
Jamie Steele· Board Director
Jane Exner· Board Director
Joe Simone· Board Director
Katie Emond· Board Director
Kevin Curran· Board Director
Mike Emond· Board Director
Tom Warren· Board Director
Tony Schiefert· Due Diligence and Portfolio Analyst

What they invest in

from 7 of 25 portfolio companies

Impact & Social Good ×4Digital Health ×3Healthtech ×3AgTech ×2Hardware ×2Medical Devices ×2SaaS ×2AI & Machine Learning ×1

HQs:United States×4Kenya×2

Investments · 25 tracked

founders shown can be your intro path
AI Diagnosticsaidmedical.carein

AiD Medical develops health technologies, including AI and machine learning tools, aimed at improving health outcomes across the Global South.

AI & Machine LearningDigital HealthHealthtechMedical DevicesFarmington Hills, US

Ravinder Sajwan(Executive Officer)

Co-investorsGlobal Innovation FundSavant Venture FundSavant

CassVitacassvita.comin

CassVita uses a process to extend the shelf-life of cassava from 3 days to 18 months and processes the crop in automated facilities into fufu, flour, starch, and animal feed, which it sells to multinationals including Nestle.

AgTechFoodTechImpact & Social Good

Pelkins Ajanoh(Cofounder)in

Co-investorsDorm RoomFINCA VenturesMulago FoundationSBXi

Dimagidimagi.comin

Dimagi provides CommCare, a digital platform for frontline workers that combines data collection with job aids, decision support, referrals, training, and client messaging, plus SureAdhere for remote treatment support.

Digital HealthGovTechImpact & Social GoodSaaSCambridge, US

Vikram Kumar(Founder & Chief Medical Officer)inJonathan Jackson(Co-Founder & CEO)inNeal Lesh(Executive Officer)inClayton Sims(Executive Officer)inCarter Powers(Executive Officer)inScott Mahar(Director)

Epicore Biosystemsepicorebiosystems.comin

Epicore Biosystems is a digital health company that develops wearable sweat-sensing devices measuring hydration, electrolyte loss, skin temperature, motion and other biomarkers.

BiotechCambridge, US

Roozbeh Ghaffari(CEO/Co-Founder/Board Member)inJohn Rogers(Co-Founder/Board Member)inAlexander J. Aranyosi(Executive Officer)inAJ Aranyosi, PhD(Chief Digital Officer/Co-Founder)Stephen Lee(Chief Technology Officer/Co-Founder)inJames Ryan(Executive Officer)in

Co-investorsAlumni VenturesCastor VenturesJoyance PartnersMilkbox PartnersAtaraxia VCPegasus Tech Ventures

Flarerescue.coin𝕏

Rescue.co operates an emergency response platform connecting people in urgent need with medical, security, and roadside assistance across East Africa.

HealthtechImpact & Social GoodInsurTechLogistics & Supply ChainSaaSNairobi, KE

Co-investorsBlue Haven InitiativeEnza CapitalNairobi Business Angel NetworkVentureSouqBase10 PartnersInovia Capital+1 more

Kickstartkickstart.orgin

KickStart is a nonprofit social enterprise that designs and distributes affordable irrigation pumps to enable smallholder farmers in Sub-Saharan Africa to irrigate fields year-round, grow high-value crops during dry seasons, and increase incomes.

AgTechClimate TechHardwareImpact & Social Good

Co-investorsAutodesk FoundationBlume Ventures

Sibel Healthsibelhealth.comin𝕏

Sibel Health develops wireless vital signs monitoring sensors and data integration technology for healthcare providers, used across neonatal, maternal, adult, remote patient monitoring, and hospital-at-home care.

Digital HealthHardwareHealthtechMedical DevicesEvanston, US

Shuai Xu(Executive Officer, Director, Promoter)John A. Rogers(Executive Officer, Director, Promoter)Jong Yoon Lee(Cofounder)in

Co-investorsSamsung Next

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Absentia LabsAkiraChixAlightBuilding TomorrowCommunity Organized Relief Effort (CORE)EarthEnable Inc.Families in Transition (FIT)Gardens for Health InternationalOpenFnOxbridge ClinicalRhaeosSimprintsThe Community Hospice HouseVillage HopeCoreVula MedicalWater Access RwandaWorld Central KitchenZenysis

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Steele Foundation for Hope made?
Steele Foundation for Hope has 25 tracked investments.
What sectors does Steele Foundation for Hope focus on?
Steele Foundation for Hope focuses on AgTech, AI & Machine Learning, Biotech, Cleantech, Digital Health, EdTech, FoodTech, Healthtech, Impact & Social Good, Medical Devices.
Does Steele Foundation for Hope lead rounds?
Yes, Steele Foundation for Hope leads investment rounds.
Who does Steele Foundation for Hope co-invest with?
Steele Foundation for Hope most often shares deals with Dorm Room, Enza Capital, Joyance Partners, among 16 tracked co-investors.

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