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SOSV: Closes $100M Growth Stage Fund | Fintech InShorts: Latest fintech news, analysis by experts

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SOSV: Closes $100M Growth Stage Fund

By Steve Sam

June 15, 2021

SOSV Closes $100M Growth Stage Fund

SOSV, a Princeton, N.J.-based venture capital firm, closed the SOS’V Select Fund, at $100m
The platform Select Fund is the firm’s first fund designed to invest in series B and later rounds
Over the next three years, the company plans to tap the Select Fund to invest $2 to $5 million in 20 to 30 startups at Series B and beyond
The fund will invest exclusively in its existing portfolio, almost all of which are firms from companies startup development programs
The company is a global venture capital firm with over $900m in assets under management and more than 1,000 portfolio companies
Alongside the new Select Fund, the company will continue to deploy capital from the $277m SOS’V Fund IV

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