Susa Ventures, a San Francisco, CA-based early-stage venture capital firm, closed a total ofĀ $375mĀ for two new funds.
These are:
- Susa Ventures IV, aĀ $125mĀ seed-stage fund makingĀ $1-2m investments at the seed stage, and
- Susa Ventures Opportunities II, aĀ $250mĀ opportunity fund making $10-15m investments at the Series B and C, primarily into existing portfolio companies. Ā
The venture capital firm will continue investing in a variety of industries, but focus primarily on fintech, health care, supply chain and software-as-a-service.
The new funds will be used to make key hires and continue to find creative ways to build a strong community. Out of the firm’s 41 initial investments from the firstĀ $25mĀ fund, five are valued overĀ $1 billionĀ from seed, and seven have already had exits, valued at more thanĀ $323m.
Led by Leo Polovets and Chad Byers, co-founders and general partners, Susa Ventures is an early stage technology fund investing in entrepreneurs building defensible products, technologies and tools that create, capture, distribute and leverage proprietary and unique data. Ā
FinSMEs
31/08/2021