FUNDRAISING NEWS | December 18, 2024
Tags: Private Equity, Venture Capital, Fundraising
Benchstrength on December 18 announced closing its early-stage venture capital fund with capital commitments of $62M.
The New York City-based venture capital firm's maiden fund garnered support from investors including the Ford Foundation, GCM Grosvenor, Goldman Sachs Asset Management, Churchill Asset Management, Fairview Capital, Bank of America, Citi Impact Fund, General Catalyst, Village Global, The Kapor Foundation, The Equity Alliance, and First Close Partners.
Benchstrength targets high-potential pre-seed and seed-stage technology companies involved in the enterprise, consumer, fintech and healthcare sectors. So far, it has 20 portfolio investments.
Written By: Dakota
VC Shift4Good Closes First Fund Above Target at €220M
January 27, 2025
Gaming and Digital Entertainment VC Transcend to Launch Third Seed Fund
January 21, 2025
Apollo-backed New Catalyst Plans Sale of A Shares in Debut Fund
January 21, 2025
VCFA Raises $122.5M for Venture Secondaries Fund VII, Makes Two Promotions
January 16, 2025
Seed-stage VC Root Ventures Targets $250M for Fourth Fund
January 14, 2025
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy