It has been almost 10 years since Union Square Ventures launched the first Opportunity Fund,…
Version One
We are very happy to announce the launch of Version One Ventures III with $45M USD ($57M CAD) in commitments. With Fund III, we’re doubling down on all that has worked in our previous funds – our strategy, geography, investment thesis and philosophy. It’s an exciting time to be launching a new fund as our […]
It has been almost 10 years since Union Square Ventures launched the first Opportunity Fund,…
On behalf of our team at Version One, I am incredibly excited to announce that…
We are very happy to announce the launch of Version One Ventures III with $45M USD ($57M CAD) in commitments. With Fund III, we’re doubling down on all that has worked in our previous funds – our strategy, geography, investment thesis and philosophy. It’s an exciting time to be launching a new fund as our focus on network effects and broad geography are driving opportunities in both existing and emerging markets.
About Fund III
Acknowledgements and gratitude
The start of a new fund is a good time to reflect on the six years since Version One launched; we want to thank the many, many people who have helped us along the way.
First, we are so grateful for the 40+ portfolio entrepreneurs who inspire us every day in their relentless push to use technology and innovation to solve very hard problems. Building companies is hard and we have the greatest respect for everyone we get to work with. It is a true honor to be a partner of yours!
Secondly, there are amazing people in the VC industry who have provided mentorship, challenged our thinking, and shared interesting opportunities with us over the years. As competitive as venture capital often seems, we are incredibly humbled by the amount of support and love we have gotten over the years from our community.
And last but not least, we thank our investors, the LPs. Many of you have been investors since the first fund and we are thankful for all the continued support and confidence. We are proud of the broad LP support we have received in this (and previous) funds, from large institutional LPs like Invesco, Harbourvest, Northleaf, and Kensington to entrepreneurs from Shopify, Slack, Hootsuite, Wattpad, and Salesforce.
We look forward to continuing to work with everyone, as well as teaming up with another group of great entrepreneurs on this incredible journey!
News
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