Underscore VC Closes Second Venture Capital Fund, at $140M

underscore_vcUnderscore VC, a Boston, MA-based Seed-to-A venture capital firm, filed an amended Form D to cap its second fund, at $140M.

Fund II expects to continue to invest in Boston, MA-based companies focused on SaaS applications and infrastructure at the earliest-stage.

The firm also aims to contribute to the Boston startup ecosystem through its continued engagement and the expansion of the Underscore Core Community. The Core Community, which is comprised of Boston’s leading entrepreneurs, executives, and tech experts, provides founders with resources to build enduring businesses.

To support it, Underscore has rounded out its team with four new hires including, most recently, the new Community Manager, Jenni Goodman. Furthermore, in order to support more founders on-site in its office in Boston’s Old City Hall, the firm is doubling the incubation space it makes available to the entrepreneurs in which it invests.

The firm is led by

  • Michael Skok, Co-founder & Partner,
  • John Pearce, Co-founder & Partner, and
  • Richard Dulude, just promoted to Partner.

Dulude, who co-founded Underscore with Skok & Pearce in 2015, began his venture career at Founder Collective after exiting Popt, a machine learning startup he co-founded. Previously, he worked as a developer at Apple and a quantitative analyst at Goldman Sachs.
Dulude holds an MBA from Harvard Business School and a Masters of Engineering and Bachelors of Science from Cornell University.

FinSMEs

20/12/2018

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