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Inspired Capital secures $330M fund to take venture capital ‘back to the studs’

TechCrunchTechCrunch · 8m
Inspired Capital secures $330M fund to take venture capital ‘back to the studs’

Inspired Capital, an early-stage venture firm founded in 2019, has closed its Inspired Capital Fund III with $330 million in capital commitments. This brings the firm's total assets under management to almost $900 million. The New York-based firm, led by entrepreneurs Alexa von Tobel and Penny Pritzker, focuses on investing in fearless founders solving significant challenges. With a portfolio of over 50 companies that have raised $1.5 billion in follow-on capital, Inspired Capital aims to invest in 25-30 companies with its third fund, targeting innovations that drive the world forward. The firm's manifesto emphasizes its commitment to supporting founders who tackle meaningful problems.

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