VMG Catalyst, a San Francisco, CA and NYC-based enterprise capital agency, closed Fund II, at $400m, bringing the whole capital raised to $650m throughout each funds.
Led by Companions Carle Stenmark, Brooke Kiley, and Jeff Truong, VMG Catalyst is a enterprise capital agency that invests in know-how that helps shopper companies. The agency leverages its entry to the patron ecosystem via the VMG Companions franchise, which was based in 2005, to determine acute ache factors and assist software program founders prioritize their product roadmaps.
In an ongoing effort to bolster the VMG community of over 32,000 professionals, VMG Catalyst has been actively rising its personal expertise perform underneath the management of Expertise Accomplice, Brianna Rizzo. Her workforce works with portfolio firms to optimize recruiting, foster neighborhood and knowledge-sharing amongst leaders, and facilitate introductions to prime manufacturers.
VMG Catalyst launched its inaugural Commerce Council alongside Fund II, which invests aspect by aspect with the Fund and seeks to additional increase the patron ecosystem accessible to the Fund II portfolio firms. The Commerce Council is comprised of seasoned founders, operators, and digital leaders from shopper manufacturers.
The agency has invested in 22 firms so far, throughout all funding phases. The roster consists of commerce enablement firms akin to cell messaging chief Attentive, ethnic grocery supply service Weee! Grocery, headless commerce platforms Shogun and Swell, financing supplier Ampla, e-commerce analytics platform Daasity, and extra.
FinSMEs
03/08/2022
