Subscribe to our newsletter and stay informed

Check out our list of top companies

Check out our carefully compiled lists of the most relevant and impactful companies within their fields.

Check out our list of top unicorns

Read and learn about the biggest companies that various countries have produced, how they made it, and what the future looks like for them.

Inspired Capital's $330M Fund III Marks 5-Year Milestone

Inspired Capital hits its fifth birthday bash comes with a bang as the curtains close on Inspired Capital Fund III
March 1, 2024

Celebrating five years of trailblazing in the venture capital arena, Inspired Capital announces the successful closure of its Inspired Capital Fund III, securing an impressive $330 million in capital commitments. With this latest milestone, the New York-based early-stage venture firm elevates its total assets under management to nearly $900 million, affirming its position as a dominant force in the startup ecosystem.

Founded in 2019 by seasoned entrepreneurs Alexa von Tobel and Penny Pritzker, Inspired Capital has swiftly emerged as a beacon of innovation and investment prowess. With an initial fund of $200 million followed by a second fund of $281 million in 2021, the firm has continually expanded its footprint, catalyzing the growth of disruptive startups across various sectors.

Backed by a diverse array of institutional investors, including leading endowments, pensions, and foundations, Fund III embodies Inspired Capital's unwavering commitment to fostering groundbreaking ventures that push the boundaries of possibility. General partners Lucy Deland and Mark Batsiyan, also co-founders, bring a wealth of expertise and vision to the table, driving the firm's mission to support visionary founders poised to redefine industries.

At the heart of Inspired Capital's investment philosophy lies a dedication to nurturing fearless founders tackling humanity's most pressing challenges. Managing partner Alexa von Tobel champions a bold vision, emphasizing the transformative potential of venture capital as a catalyst for societal change. With a focus on pre-seed to Series A investments ranging from $1 million to $15 million, Inspired Capital has cultivated a diverse portfolio of over 50 companies, collectively raising a staggering $1.5 billion in follow-on capital.

Among its notable investments stand property tech startup Habi, valued at $1 billion, alongside pioneering ventures such as Teamshares, Rho, and Paytient, each making significant strides in their respective fields. With Fund III, Inspired Capital remains steadfast in its commitment to identifying and supporting visionary founders driving innovation across various sectors.

Guided by a manifesto that encapsulates its core values and investment thesis, Inspired Capital continues to champion "An Inspired Future," epitomizing its unwavering belief in the power of entrepreneurship to effect meaningful change. As the firm embarks on the next chapter of its journey, it remains dedicated to building enduring partnerships with founders who dare to defy convention, paving the way for a future defined by innovation and possibility.

More about: 

Last related articles

chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram