Silicon Valley based venture capital firm Kleiner Perkins has launched its nineteenth fund, KP19, with $700M.
The new fund will focus on early stage investments in:
- Fintech, and
- Healthcare companies.
Along with the launch of the new vehicle, the firm announced the promotions of Annie Case, Monica Desai Weiss, Josh Coyne, to Principal.
Case will lead investments in Consumer and Healthcare startups. She is involved with the boards of Future, Inkitt, and Modern Health.
Coyne will lead investments in Enterprise and Fintech. He was involved in KP’s investments in Epic Games, Rippling, Robinhood, and UIPath. He is involved with the boards of Moveworks, Stord, and Viz.
Desai Weiss will lead investments in Fintech and Consumer. She is involved with the boards of Bison Trails, Loom, Pillar, Propel, and Nova Credit.
Read more about the new fund on the firm’s website here