Get the latest tech news
Pre-seed investor Wonder Ventures secures $102M, including new later-stage fund
Wonder Ventures is the latest to inject additional capital at the pre-seed stage, an area where many investors continue to be bullish.
Companies would get to a Series A level and go up to the Bay Area to raise from the big brand name funds, but that first million dollars was still — and I’d argue even today in 2024 — too hard to come by, and that’s where Wonder Ventures came from.” Over 60 limited partners support Wonder Ventures, including early employees and executives from such companies as Snap, Honey and ZipRecruiter, and come from those same LA and SoCal communities, Rosen said. Meanwhile, the opportunity fund is Wonder Ventures’ first, continuing a trend we’ve seen in recent years of firms wanting to support their successful portfolio companies as they mature.
Or read this on TechCrunch
