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New York-focused VC Work-Bench has raised a fresh $160M


Work-Bench, whose portfolio includes unicorns Spring Health and Socure, just raised a $160 million Fund IV to quadruple down on backing companies in New

Work-Bench, whose portfolio includes unicorns Spring Health and Socure, just raised a $160 million Fund IV to quadruple down on backing companies in New York City. The firm announced the raise in a blog post on Monday, saying the latest fund will support seed-stage founders building enterprise software. He said that this was the smoothest fundraise yet for his firm, owing it to the fact that Work-Bench has stayed “disciplined” since launching in 2013, “which matters more than ever in today’s AI frenzied environment.”

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