New Stack Ventures Closes Second Fund, at $42.6M

New Stack Ventures, a Chicago, IL-based early-stage venture firm dedicated to investing in Silicon Valley outsiders, closed its second fund, at $42.6m.

Led by Nick Moran, Founder and General Partner, New Stack Ventures makes angel, pre-seed, and seed stage investments into B2B SaaS startups transforming large legacy industries like finance, healthcare, cyber security, supply chain, construction, and real estate.

The single-partner fund makes angel, pre-seed, and seed stage investments–typically between $500K – $1.5M–into early-stage startups,

The firm has a current portfolio of 38 companies including Hologram, Cybrary, Fairmarkit, and Covie. New Stack also seeks deals outside of Los Angeles, New York City, and the San Francisco Bay Area.

FinSMEs

14/03/2022