- March Capital (formerly March Capital Partners), a Santa Monica, CA-based venture growth firm, closed March Capital Fund III, at $450M
- With support from both existing and new investors, the fund focused on supporting entrepreneurs developing innovative software and solutions in enterprise AI
- Led by Co-Managing Partners Jamie Montgomery and Sumant Mandal, the firm has 15 investment professionals and $1B+ AUM
- The close of Fund III follows the success of Funds I and II, with over $1 billion in realized profits through investments in breakout enterprise companies
- The firm also announced the March Capital Foundation, formalizing the firm’s longstanding community engagement
- The Foundation’s focus includes homelessness, community health, and inner-city youth advancement