Venture For America ceased operations in August of 2024 after financial struggles that led to three rounds of layoffs.

[2][3] In its first year, 2012, Venture for America placed 40 fellows in five cities: Cincinnati, Detroit, Las Vegas, New Orleans, and Providence.

In 2016, a documentary about Venture for America titled Generation Startup was released, co-directed by Cynthia Wade, an Academy Award winner, and Cheryl Miller Houser.

[3] Fellows were then placed in startups in cities like Baltimore, Detroit, and San Antonio in industries such as education innovation, biotechnology, VC firms, media, and clean technology.

[17] In June 2019, Theodore Schleifer of Vox wrote that VFA's positive early publicity can be attributed to marketing efforts by Andrew Yang.