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Acrew Capital hits five years, raises $700M
Acrew Capital's latest fundraise brings the firm's assets under management to $1.7 billion.
The San Francisco-based venture capital firm announced in a blog post on Thursday that it raised $700 million to invest in companies building in data and security, healthcare, or fintech. Acrew has seen multiple exits so far including corporate spending platform Divvy, which sold to BILL for $2.5 billion in May 2021, and creator platform, Superpeer, which was acquired by Skillshare for an undisclosed amount earlier this year, among others. Acrew was launched in 2019 by Theresia Gouw, Lauren Kolodny, Vishal Lugani, Asad Khaliq, and Mark Kraynak, all of whom are still in the same roles at the firm.
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