Tusk Ventures, a NYC- and Chicago, IL-based venture capital firm, closed its second fund, at $70m.
Founded by Bradley Tusk, Tusk Ventures focuses on investing solely in high growth startups facing political and regulatory challenges. It is one-part venture capital firm, one-part political strategy firm that deploys both capital and political expertise to allow startups to break through regulatory barriers and operate at full speed.
To this end, Tusk Ventures provides startups with access to political, investment and operational expertise via a diverse team of regulatory and political experts who take on entrenched interests and politicians trying to stifle innovation.
The firm has worked with over 30 different startups on a wide variety of issues – communications, legislation, regulations, grassroots organizing, opposition research, partnerships, procurement – at every level of government and virtually every market in the United States. It has also worked in white spaces like crypto, drones, cannabis and autonomous, figuring out a regulatory structure and getting that structure enacted in law for the advantage of its portfolio startups.
Portfolio companies include Alma, Bird, Boost Insurance, Care / Of, Coinbase, FanDuel, Flip, Kodiak, Lemonade, Loftsmart, Lyric, Nexar, and Radar.
Bradley Tusk is the Founder and CEO of Tusk Holdings, which includes Tusk Ventures, Tusk Strategies, Kronos Archives, Ivory Gaming and Tusk Philanthropies.