Cowboy Ventures, a Palo Alto, CA-based early stage enterprise capital agency, raised $260M raised for 2 new funds.
The funds are:
- Cowboy Fund IV, a $140M seed fund, and
- its first “Mustang Fund”, a $120M fund for investing in breakout Cowboy portfolio firms.
The agency will proceed to spend money on a mixture of US-based enterprise and consumer-focused startups in classes like vertical SaaS, enterprise infrastructure, developer instruments, large knowledge, safety, fintech of all types, AI-driven software program, and new client alternatives. Healthcare can also be a rising space of funding at Cowboy.
They may carry on investing in founders who’ve a singular perception into fixing an essential enterprise downside in a probably giant and rising market ($Bns). Their product could exchange incumbent software program, or exchange an current enterprise course of with a measurably higher, tech-driven answer. The agency additionally goals to again founders with a imaginative and prescient that may assist create a complete new class.
The founders get personalised assist that leverages all of Crew Cowboy plus advantages from a curated Cowboy group of founders and operators. Assist consists of strategizing, making sensible trade-offs, recruiting, monetary planning, story telling, fundraising, teaching, making introductions, constructing numerous groups, and so on.
FinSMEs
24/01/2023