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Homebrew targets $50M for new fund


Homebrew nearly two years ago said it was pursuing a more stage-agnostic evergreen model that would be funded solely by its GPs.

It has backed the likes of Winnie, Finix, Concentric AI, Mercury and Plaid, among others. Homebrew has seen at least three dozen portfolio companies exit, including Cruise, Weave and Cheddar. Most recently, it led the$12 million Series A round into Slang.ai, a platform that automatically answers the phone for restaurants, retailers and other types of brick-and-mortar businesses.

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