Act One Ventures, a Los Angeles, CA-based early stage venture capital firm, closed its third fund, at $73m.
Fund III will allow Act One to continue to invest in business software companies at the Seed stage, specifically those in vertical SaaS, fintech, compliance, and ecommerce infrastructure. The firm led four of the five deals made from the new fund so far, with initial checks ranging from $1m to $2m.
Read more on VCWire.tech, our new website dedicated to the tech venture capital industry.
FinSMEs
18/01/2024