Posted 1/16/2024, 2:03:03 PM
Thomvest Ventures Raises $250M Fund to Invest in Fintech, Cybersecurity, and AI Startups
- Thomvest Ventures closed a new $250M fund to invest in fintech, cybersecurity, and AI
- The VC firm was founded 25 years ago and now manages $750M in total assets
- Thomvest focuses investments in fintech, cybersecurity, cloud, AI/data infrastructure, and real estate tech
- The new fund will make 25-30 investments of $5M-$15M in early-stage and $7M-$25M in later stage
- Notable Thomvest portfolio companies include Blend Labs, Carta, Cohere, Kabbage, LendingClub, SoFi, and Vungle