San Mateo, CA-based The Employee Stock Option Fund closed ESO Venture Fund V, LP, at $200m.
ESO plans to use this new fund to continue investing in the next generation of innovative private companies by partnering with their employees to finance stock option exercises and provide liquidity for shares already purchased.
Founded in 2012 by Scott Chou, Stephen Roberts, and Jimmy Lackie, ESO has previously raised 4 Funds: Fund I (2012), Fund II (2014), Fund III (2017), Fund IV (2020). Since originating the space in 2012, ESO has helped employees at more than 600 companies and created more than one billion dollars in wealth through exits at notable companies like Robinhood, Snowflake, GitLab, Squarespace, Roblox, Coinbase, and many others.
FinSMEs
26/06/2022