Commonweal Ventures

commonwealventures.com

contact@commonwealventures.com

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Nate Loewentheil, Founder and Managing Partner

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Ron Bloom, General Partner

ron@commonwealventures.com

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Harrison Marks, VC

harrison@commonwealventures.com

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Sonali Sanjay, VC

sonali@commonwealventures.com

Commonweal Ventures backs pre-seed and seed-stage startups where government serves as a customer, investor, regulator, research partner, or market maker.

The firm prioritizes healthcare, government services, energy, public safety, defense, and manufacturing, favoring companies solving problems with durable, cross-administration support rather than a single marquee policy initiative.

Commonweal can lead or follow investments and invests primarily in the United States.

On September 23, 2026, Commonweal Ventures closed its second fund at $51 million, alongside a separate $3 million New York co-investment vehicle, bringing total capital raised in the close to $54 million.

The close builds on Commonweal's debut fund, which raised $23.2 million and backed 21 companies; as of June 30, 2026, Fund I reported a 17% net IRR and 1.5x net TVPI.

Leadership

• Nate Loewentheil, Founder and Managing Partner. He previously served as Special Assistant to the President at the National Economic Council under the Obama administration.
• Ron Bloom, General Partner. He previously held roles at Brookfield and Lazard and worked on the Obama administration's auto-industry restructuring, alongside prior work with the United Steelworkers.

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Investment Strategy

Commonweal writes checks of $500,000 to $2.5 million at the pre-seed and seed stages, and can lead or follow investments.

The firm targets a portfolio of approximately 20 companies for Fund II and draws on an advisory network spanning former government officials, regulators, and industry operators to support portfolio companies engaging with public-sector customers.

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Notable Investments

• Concourse
• Crux
• Starbridge
• Advocate

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