January Ventures Closed $21M Fund II

January Ventures, a Boston, MA- and London, UK-based venture capital firm, closed its second fund, at $21M.

Fund II investors include institutions like Wellington Management, Bank of America, IDEAL Investments, and The Kapor Foundation.

The fund will continue investing in formation stage B2B software startups. Out of this new $21M Fund II, the firm plans to invest in 35 to 40 companies.

Led by Maren Bannon, and Jennifer Neundorfer, January Ventures provides funding and connects founders to an operator network with more than 100 tech leaders who have worked at over 50 unicorn companies, including Uber, Twitter, Miro, Compass, Toast, Airbnb, Google, Amazon, and Stripe.

Since 2018, the firm has invested in 50 early stage tech startups including Ethena, Kapwing, PlanetFWD, Sonantic, Ntropy, Sorcero, Gable, Oula Health, Kinside and Elektra Health.

January Ventures has proactively built an investor base that reflects the diversity of its portfolio –  60% of its LPs identify as women.