Initialized Capital, a San Francisco, CA-based early stage venture capital firm, closed its $115m third fund.
Initialized III will invests $500K to $1M in early stage tech companies just starting out, when they have zero to 10 employees. It is sector agnostic.
The firm – which has already managed two funds totalling over $45m and has over $160M in assets under management – is led by Managing Partner Garry Tan, General Partners Alexis Ohanian and Alina Libova, Operating Partner/Marketing Kim-Mai Cutler, Part-time Partner Austin Chang VP of Finance Marinda Luk and Director of Operations Tara Perillo.
Porfolio companies include SendHub, Weave, LeadGenius, Zeus, Two Tap, HelloSign, Make School, Flexport, digit.co, NewHive, ParkWhiz, Her, Parsable, Trusted Insight, Cleanly, LiftIgniter, Blend, Egomotion, and Bellhops, among a total of more than 100.