The venture firm SOSV has already raised its biggest fund to date, and it isn’t quite closed

SOSV, a sprawling, multi-stage venture firm that was founded as the personal investing vehicle of entrepreneur Sean O’Sullivan after his company went public in 1994, then re-launched as a traditional venture firm with outside backers in 2015, has raised $218 million for its third fund.

The vehicle has a $250 million target that SOSV expect to meet by year end, but already, it’s substantially larger than the firm’s previous fund, which closed with $150 million.

SOSV is best-known for the numerous accelerators it has created and oversees, including hardware-focused HAX, and IndieBio for life sciences startups. Yesterday, we were in touch with SOSV partner Daniel Eichner — who’s in charge of raising capital for the outfit, as well as introducing its portfolio companies to potential future investors — to learn more what else is new at its eight offices around the world, including in Cork, Ireland; Princeton, N.J.; New York; San Francisco; London; Shenzhen; Shanghai; and Tapei.

Among the many things we learned: the firm now has eight senior partners who ultimately decide where capital gets invested, and a whopping 110 people across the U.S.,

 » Read More

Loading...

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

Comments

comments

AT&T Reveals Massive 17-Inch Tablet: The Samsung Galaxy View 2

AT&T Reveals Massive 17-Inch Tablet: The Samsung Galaxy View 2

Google Pixel 3 and Pixel 3 XL are $200 off

Google Pixel 3 and Pixel 3 XL are $200 off