Startup Around

Unusual Ventures Closes Second Fund, at $400M


Listen Later

Unusual Ventures, a Menlo Park, California-based venture capital firm that invests in both enterprise and consumer startups, closed its second fund, at $400m.
Backers included existing mission-driven LPs like non-profits, HBCUs, foundations, endowments, and health-related institutions, as well as the Doris Duke Charitable Foundation.
Led by John Vrionis (ex-Lightspeed GP) and Jyoti Bansal (founder of AppDynamics), Unusual aims to redefine seed-stage investing and give entrepreneurs the support they need when they need it most.
Finally, the Unusual Interns program seeks to connect underrepresented students with high-growth tech companies in Silicon Valley.
Since launching two years ago, the firm has invested in 15 core portfolio companies as part of Fund 1 who have access to the complete program of Unusual services, and made several smaller investments in founding teams at the pre-seed stage who have taken advantage of Unusual Academy. | To read full story, visit https://startuparound.com/read/1574101810.313602/Unusual-Ventures-Closes-Second-Fund,-at-$400M?ref=audio_experience
...more
View all episodesView all episodes
Download on the App Store

Startup AroundBy Startup Around