Vintage Investment Partners Closes $200M Growth IV Venture Fund
Vintage Investment Partners, a global venture capital platform, has announced the successful close of its fourth Growth-Stage Venture Fund, referred to as Growth IV. The fund reached a total of $200 million, surpassing its initial target. Growth IV will focus on investing in 15-20 growth-stage technology startups from Israel, Europe, and the United States. The investments will be made in collaboration with Vintage’s trusted network of tier-one venture capital funds. With the addition of Growth IV, Vintage now manages a total of 16 funds, bringing its assets under management to approximately $4 billion.
Vintage’s Growth IV Fund Exceeds Target With $200 Million Close
The recent closing of Vintage Investment Partners’ Growth IV Fund has exceeded its target with a final amount of $200 million. This accomplishment is particularly notable given the challenging fundraising environment for venture capital funds. The strong support from limited partners has played a significant role in the success of the fund. The closing of Growth IV comes at a time of great excitement for Vintage, with rapid innovation and disruption across various sectors and attractive valuations following the recent bubble years.
Vintage’s 16th Fund, Growth IV, to Invest in Growth-Stage Startups
Vintage’s newly closed Growth IV Fund will focus on investing in growth-stage startups from Israel, Europe, and the United States. The fund will adopt a strategy similar to Vintage’s prior Growth funds, which have successfully supported leading companies in their growth stages. Notable companies that have received support from Vintage include JFrog, Honeybook, Minute Media, Mirakl, Monday.com, SentinelOne, Silverfort, Wiliot, Wolt, and Yotpo. The investment range for Growth IV Fund is expected to be between 15-20 companies.
Vintage’s Growth IV Fund Boosts Total Assets to $4 Billion
The closing of Vintage’s Growth IV Fund marks a significant milestone for the venture capital platform, as it brings their total assets under management to approximately $4 billion. Vintage manages a diverse range of funds, including Growth-Stage Funds, Secondary Funds, and Fund-of-Funds. With the addition of Growth IV, Vintage now has a total of 16 funds in operation. The growth of Vintage’s assets is a testament to the success and trust they have gained from investors over the years.
Vintage’s Value+ Services Generate $200 Million in Business
One of the key strengths of Vintage Investment Partners is its Value+ services, which aim to provide meaningful business engagements for startups, funds, and corporate partners. Through its Value+ team, Vintage has cultivated relationships with over 500 leading corporations, resulting in over 3,300 meetings and introductions between startups and corporations. This has led to nearly 300 known purchase orders or paid proof of concepts for startups from global corporations, amounting to a total of $200 million in business. Vintage’s Value+ services will continue to support its portfolio companies and funds, adding value beyond just capital.
Overall, Vintage Investment Partners’ successful close of its Growth IV Fund highlights the firm’s ability to identify and support promising growth-stage startups. With its extensive network and database, Vintage is well-positioned to connect startups to investors, corporations, and industry experts. The growth of Vintage’s assets to $4 billion reflects the trust and confidence it has earned from its investors, and the strong support from its limited partners.
Analyst comment
Positive news: Vintage Investment Partners has closed its fourth Growth-Stage Venture Fund, surpassing its target with $200 million. This achievement is notable in the challenging fundraising environment. The fund will focus on investing in growth-stage technology startups, enhancing its portfolio of 16 funds and bringing its assets under management to approximately $4 billion. The fund’s success is a testament to Vintage’s ability to support promising startups and its strong investor and limited partner support.
