FDA’s De Novo approval of BrainSee represents a major advancement in Alzheimer’s diagnostics. Utilizing cutting-edge image processing and medical AI, BrainSee establishes a new standard for predicting progression from amnestic mild cognitive impairment (aMCI) to Alzheimer’s dementia. This breakthrough is a significant step in proactive brain health management, offering a fully non-invasive, convenient, and globally accessible screening solution, to be prioritized before other tests or treatments.

SAN FRANCISCO, Jan. 12, 2024 — Today marks a turning point in the battle against Alzheimer’s disease as Darmiyan, Inc., a leading company in brain health innovation announces the FDA’s approval of its first-in-class (De Novo) clinical test, BrainSee. This approval marks a pivotal advancement in brain health and opens the door to untapped market potential in brain disease diagnosis and management.

BrainSee is the first clinical application of Darmiyan’s patented core proprietary technology that is based on 40+ years of cutting-edge brain science, powered by advanced whole-brain image analysis and medical AI. It is a highly-scalable and fully-automated software platform that combines standard clinical brain MRI and cognitive assessments – part of the routine, non-invasive workup of patients concerned with memory loss – and generates an objective score that predicts the likelihood of progression from aMCI to Alzheimer’s dementia within 5 years. BrainSee addresses a critical unmet need for over 10 million Americans and over 100 million patients worldwide grappling with aMCI. With an aging global population, the socio-economic impact of BrainSee is expected to grow rapidly and exponentially.

“Our vision is to redefine brain health screening and monitoring standards and impact the lives of patients and their family members in a meaningful way. BrainSee is the first product of this vision, backed by our solid technological infrastructure that is capable of driving further transformations and scalable innovations in the brain health landscape,” stated Dr. Padideh Kamali-Zare, Founder and CEO of Darmiyan.

Early screening and risk stratification by BrainSee enables timely and personalized treatments for those aMCI patients at high risk of progression to Alzheimer’s dementia, aiming to delay dementia onset, while reassuring those at lower risk of progression, hence reducing the need for costly and invasive tests and the heavy burdens of financial and emotional abuse. This shifts the patient experience from prolonged anxiety to proactive management, which is crucial in an era of emerging Alzheimer’s treatments where accurate prognosis can help determine suitable treatment candidates. The economic impact of BrainSee will be significant for all stakeholders in healthcare, promising to reduce the billions of dollars annually spent on Alzheimer’s care, through more effective management and treatment.

BrainSee was previously granted FDA breakthrough designation in 2021. It stands out for its prognostic accuracy, patient convenience, same-day test results and seamless integration into the clinical workflow. Global availability of MRI significantly enhances BrainSee’s clinical utility. Most notably, BrainSee shifts the paradigm in aMCI workup from biomarker-based methods that have limited real-world capabilities due to their invasiveness, non-specificity, cost, and inaccessibility, to non-invasive and actionable forecasts of future improvement or progression.

BrainSee’s FDA approval coincided with the JP Morgan HealthCare conference in San Francisco. The platform is now available to physicians via a secure and HIPAA-compliant web portal. For more information visit brainsee.ai.

About Darmiyan:

Darmiyan is a pioneering brain technology (deep-tech) company in San Francisco, California, focused on developing innovative and rapidly scalable products for brain health screening and monitoring. The company’s mission is to enhance brain health, equipping physicians with tools for precise and personalized patient care, thereby optimizing health outcomes.

SOURCE Darmiyan

SINGAPORE, Jan. 12, 2024 — OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced that it has led an investment round in BeWater. BeWater is a Web3 venture studio and global developer platform that facilitates the development of open-innovation campaigns and events, including hackathons, in just 10 minutes.

With over 100 campaigns already underway, BeWater boasts a diverse range of coding languages, including Solidity, Rebase and Move, coupled with various Layer 1 chains and toolkits such as Starknet, Bitcoin and Polkadot. The platform has attracted a remarkable talent pool, with over 25,000 GitHub-certified developers from more than 50 countries.

Leveraging their incubation experience and expertise, BeWater’s Web3 venture studio focuses on supporting early-stage startups and nurturing a robust Web3 product ecosystem. BeWater recently achieved success with the ‘ABCDE BTC Hacker Camp‘ held in November 2023. During this event, seven BTC ecosystem projects received oversubscribed funding within just ten days of immersive bootcamps and BTC workshops.

OKX Ventures Founder Dora Yue said: “OKX Ventures is committed to empowering the developer community. By supporting Web3 and crypto builders, we aim to drive their growth on a global scale. BeWater’s vision aligns perfectly with ours, as it seeks to capture the progress achieved through the experience of building from scratch. Together, we aim to advance the widespread adoption of Web3 technology, enhance practical use cases, and deepen engagement in Web3 from Web2. As lead investors in BeWater, we are dedicated to enriching user awareness and amplifying the power of builders as we enter a new era in the crypto and Web3 space.”

To learn more about BeWater, click here

For further information, please contact: 
[email protected]

About OKX Ventures

OKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX, with an initial capital commitment of USD100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.

Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.

Find out more about OKX Ventures here.

Disclaimer

SOURCE OKX Ventures

Venture capital company collaborates with TEDCO to support the next generation technology solutions

COLUMBIA, Md., Jan. 11, 2024 — TEDCO, Maryland’s economic engine for technology companies, announces the selection of 100KM Ventures as one of the early-stage venture capital fund managers supporting the management and investment of up to $10 million U.S. Department of Treasury State Small Business Credit Initiative (SSBCI) funding.

“We are excited about the innovation we have been seeing across the State of Maryland and look forward to partnering with more founders in Maryland to take their companies to the next level,” said Shalanda Armstrong, founder and managing partner of 100KM Ventures.

100KM Ventures, based in Washington, D.C., is a venture capital company dedicated to investing in early-stage, diverse management teams focused on building the next generation of great technology companies addressing untapped customers across the Future of Work and Women’s Health.

Last year, TEDCO announced receiving an infusion of up to $50 million in funding from SSBCI initiative. This funding is being used to support recipients of TEDCO’s Venture Equity Fund, Seeds Funds Equity program, and Social Impact Funds—as well as the $10 million earmarked for the Venture Capital Limited Partnership (VCLP) Equity program. As part of the VCLP Equity program, 100KM Ventures is getting $3 million of the $10 million earmarked funds to oversee.

“With our vast resources and unique opportunities, Maryland has the potential to lead the nation as a booming technology hub,” said Troy LeMaile-Stovall, TEDCO CEO. “By collaborating with companies like 100KM Ventures, TEDCO continues expanding our reach, supporting more entrepreneurs and enabling a diverse and sustainable ecosystem statewide.”

For more information about the SSBCI VCLP funds, go to our website at https://www.tedcomd.com/funding/state-small-business-credit-initiative-ssbci.

About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, [email protected]

SOURCE TEDCO

CAMP PENDLETON, Calif., Jan. 11, 2024 — Semper Fi & America’s Fund (The Fund) partnered with The Bob & Renee Parsons Foundation (The Foundation) and Parsons Extreme Golf (PXG) for the 12^th annual Double Down for Veterans Match Campaign, surpassing their $20 million goal, raising $26.8 million in two months, including a $10 million match from The Foundation and PXG. The Campaign, which started as a $1 million match in 2012, has grown 10-fold over the years. As The Fund’s impact grew, so did the Parsons’ generosity, bringing their total donations to The Fund to over $100,000,000 in 12 years. Proceeds from the Campaign will go directly towards supporting service members, veterans, and military families across all branches of the U.S. Armed Forces. While the goal has been reached, the need to support our Nation’s heroes is greater now than ever!

“It’s a privilege to work alongside Bob and Renee to honor our military families,” said Karen Guenther, President, CEO, and Founder at Semper Fi & America’s Fund. “The unwavering dedication of generous organizations like The Bob & Renee Parsons Foundation and PXG ensures our military families are not alone in their recovery and their sacrifices are honored for a lifetime.”

Semper Fi & America’s Fund began their partnership with The Bob & Renee Parsons Foundation in 2012 to support The Fund’s core mission of assisting combat-wounded, critically ill, and injured service members, veterans, and military families across all branches of the U.S. Armed Forces. Since the beginning of the partnership, the Double Down for Veterans Match Campaign has now raised $220 million for the veteran community, bringing total support from The Bob & Renee Parsons Foundation and PXG to over $100 million.

Since its humble beginnings in 2003 as a small group of military spouses providing bedside support to service members wounded in combat in Iraq and Afghanistan, The Fund has provided $325 million in assistance through programming and support to more than 31,000 service members, veterans, and military families.

“I know firsthand what military service members endure in service to this country – and just how critical community support is at every stage,” said Bob Parsons, Marine Corps Vietnam war veteran and co-founder of The Bob & Renee Parsons Foundation. “Through this partnership, we are reminding veterans and their families that they are never alone when returning home.”

“The Fund stands out among the many veteran-centered organizations for its holistic commitment to health and wellness,” said Renee Parsons, co-founder of The Bob & Renee Parsons Foundation. “Physical health is important, especially to combat-wounded individuals, but mental and spiritual wellbeing are just as critical while service members adjust to their new normal.”

About Semper Fi & America’s Fund:

Semper Fi & America’s Fund was started by and is led by military spouses who immediately jumped in to provide bedside support to early wounded and injured service members from Iraq and Afghanistan. The Fund’s model of lifelong relationships between service members and our team is unique among veteran service organizations. The Fund is run today by those same military spouses, and now includes a patriotic staff of veterans, community members, and volunteers. Learn more at: TheFund.org.

About The Bob & Renee Parsons Foundation:

The Bob & Renee Parsons Foundation offers support to nonprofit organizations successfully working to empower, educate, nurture, and nourish people during what is often the darkest time of their lives. Founded in 2012 by philanthropists and business leaders Bob and Renee Parsons to provide hope and life-changing assistance to the country’s most vulnerable populations, The Bob & Renee Parsons Foundation offers critical funding at critical times to those in need. The Foundation’s giving is driven by the core belief that all people – regardless of race, religion, roots, economic status, sexual orientation or gender identity – deserve access to quality healthcare, education and a safe place to call home. Follow @WeDealInHope on social media or visit TBRPF.org to learn more about partner organizations and the important work being done in the community.

About Parsons Xtreme Golf (PXG)

Founded by entrepreneur and self-proclaimed golf nut Bob Parsons, PXG embodies his belief that every new product – from golf clubs to sports fashion apparel – should be markedly better. Every innovation should noticeably improve your performance. And every moment of impact should elevate your enjoyment.

A direct-to-consumer brand, PXG now offers a complete lineup of right- and left-handed golf clubs, including drivers, fairway woods, hybrids, irons, wedges, and putters engineered to be custom-fitted. The company also designs and delivers high-performance golf and lifestyle apparel and accessories. To learn more or to book a club fitting visit PXG.com.

SOURCE Semper Fi & America’s Fund

WILMINGTON, Del., Jan. 11, 2024 — WaveBL, the market leader in the digital trade document sector, announced today that it has raised an additional $11 million from new investors who specialize in the bulk-liquid and smart logistics sectors. This additional amount adds to the Series B funding, which was led by NewRoad Capital Partners, and will help the company continue to solidify its position as an industry leader by expanding new offerings and supporting scenarios that establish a new benchmark of trust and efficiency in international trade.

“This additional funding illustrates the importance of moving to digital documents for the global trade industry and the interest of the investor community in our WaveBL platform,” stated Micha Shahaf, CFO at WaveBL. “With this latest investment, we have closed our 2023 financing round of $37M, of which the latest Series B funding round of $11 million is a combination of equity and venture debt.”

“The investment round further emphasizes the significance of our robust patented blockchain-based technology for international trade,” added Noam Rosenfeld, CEO at WaveBL. “The additional investment, originating from strategic ventures deeply rooted in the supply chain and trade finance, will expedite our plans to offer a comprehensive digital trade documents solution from issue to customs. It bolsters our vision for a secure solution in transferring original and unique documents for every requirement across any domain worldwide.”

WaveBL has become the premier digital platform for the swift, secure, and authenticated transfer of original and unique electronic trade documents. The WaveBL multi-carrier solution is trusted by the world’s largest ocean carriers, freight forwarders, and industry players while complying with universal processes and regulations.

About WaveBL

WaveBL is a digital platform using proprietary blockchain technology to electronically transfer trade documents. The WaveBL solution enables the instant, encrypted, and authenticated transfer of electronic Bills of Lading and related trade documents. The platform complies with universal processes and regulations in use. The platform is designed to meet the needs of all parties involved in trade, including shipping companies, agents, brokers, and banks. WaveBL has strong alliances with leading companies in global trade to drive faster digitalization and adoption.
www.wavebl.com

Media contact 
[email protected]

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Terrance Kennedy joins as Director of Business Development

STAMFORD, Conn., Jan. 11, 2024 — Today Gainline Capital Partners announced that Terrance Kennedy has joined the firm as its Director of Business Development, overseeing deal origination and sourcing. This announcement follows the successful close of the firm’s $400 million second fund, Gainline Equity Fund II LP (Fund II) in 2023.

Gainline is a middle-market private equity firm that invests in profitable businesses with prospects for substantial growth. Focused on first institutional capital opportunities, Gainline specializes in partnerships with family or founder owned businesses, corporate carve-outs, management led buyouts, structured minority investments, and buy-and-build strategies. In doing so, Gainline takes a partnership-oriented approach to align Gainline’s interests with those of its management team partners, professionalizes businesses while preserving the culture and legacy built by founders, and supports organic and inorganic growth initiatives.

“We are thrilled to welcome Terrance to the Gainline team as we continue to enhance our business development team,” said Gainline’s Managing Partner, Allan Weinstein. “Not only does Terrance have significant experience sourcing opportunities directly aligned with the Gainline strategy, his relationship-building capabilities and work ethic are a great reflection of the firm’s values and will further establish Gainline as a partner of choice for middle-market businesses and executives.”

Mr. Kennedy joins Gainline from Prospect Capital Management, where he was Vice President and Head of Business Development. While at Prospect, he was responsible for originating middle-market debt and equity investments with a focus on sourcing platforms and add-on opportunities. Prior to Prospect, Terrance was Director of Business Development at MTN Capital Partners. Mr. Kennedy earned a B.A. from the University of Pennsylvania.

Gainline’s business development team also includes Associate Jacob Pion. Mr. Pion has been with Gainline for 2 years and is a graduate of Cornell University.

About Gainline Capital Partners

Gainline Capital Partners LP is a private equity firm that invests in profitable U.S.-based middle-market companies, prioritizing first institutional capital partnership opportunities. Founded in 2015, Gainline partners with exceptional management teams to help execute their vision while driving sustainable growth, long-term value, and outsized returns. For more information, please visit www.gainlinecapital.com.

SOURCE Gainline Capital Partners

Led by investor General Catalyst, Harbor Health Further Accelerates Growth

AUSTIN, Texas, Jan. 11, 2024 — Harbor Health, a primary and specialty clinic group whose mission is to put the consumer at the center of their own health, today announced that it has secured an additional $95.5 million in funding. General Catalyst leads this additional round of funding with strong participation by Alta Partners and continued support by 8VC. Total investment to date is more than $128 million.

This additional funding will allow for continued growth in providing primary care services, broadening the scope of specialty care offerings, and developing plan designs that support care journeys co-created by consumers and their clinicians. Texas employers can use these plan designs to lower their costs while incorporating an improved, coordinated care system that results in healthier and happier employees.

Harbor Health was founded by Dr. Clay Johnston, Eric Scott (from 8VC) and Tony Miller. The idea of building Harbor was sparked by conversations Tony and Clay had as the leaders of their previous organizations (Bind/Surest and University of Texas at Austin Dell Medical Center, respectively).

“We realized in order to maximize the impact of our innovations, we needed to combine our efforts into one enterprise as a vertically integrated ‘pay-vider’ – both a payer and a provider,” explains Clay. “We have built a geographically dense care model that is organized around integrated practice units and focused on member health conditions. This new investment and our rapid growth confirm our innovative care model is working, and we’re meeting more people where they are with collaborative, team-based care.”

Harbor Health is leading the transformation of care that employers, providers and consumers alike are all seeking. The team is implementing a unique approach focused on helping consumers get healthier faster by connecting them to a dedicated health team and customized care pathways. This personalized and relationship-driven approach helps to lessen the emotional and financial burden our current healthcare system has on consumers.

Harbor believes that care models have to be paired with longitudinal coverage models that make insurance subsidies aligned to better care journeys. This process will help consumers understand that they really are co-creators of their health. “Eventually, we see a future where current care design and benefit design models become obsolete, replaced by a health-producing and health-promoting system that follows people along their life journeys,” says Miller.

This new approach and the history of success by both Johnston and Miller have attracted attention in the marketplace and from investors. “There’s a strong appetite for a fresh approach to healthcare delivery among employers that prioritizes outcomes, enhances consumer engagement, and is proactive by design,” says Chris Bischoff, Managing Director at General Catalyst. “We believe Harbor Health is providing ease of access to the largest covered population in the U.S. and bringing much-needed change as the company seeks to transform value-based care for the commercial sector. This aligns with our Health Assurance thesis. We look forward to supporting Tony, Clay, and the Harbor Health team in this new phase of growth.”

For the health system to really change, coverage designs need to map to consumer health conditions and the care journeys that will make consumers healthier. This needs to work in partnership with Austin employers. “Harbor is making meaningful change in transforming the current health system to a health production system. We are aligning a new care model to a payment model that rewards providers for reducing health care risk in populations and lowering the total cost of care to service that population. Consumers are demanding health care to be designed around their conditions and problems and to show them how they can improve behaviors and choose wisely about the costs of treatments. Harbor aims to do all of this in a vertically integrated solution,” states Tony Miller.

The funding news comes on the heels of several significant milestones for Harbor Health, including:

• Quadrupled the number of locations in 2023 – from two locations to now eight locations in Central Texas – with more planned in 2024
• Launched two mobile health units to serve the needs of local employers by bringing health care to local campuses
• Expanded to 43 clinicians currently working to serve the Central Texas marketplace
• Launched an Express Care (walk-in appointments and after-hours care) location in Westlake with a future Express Care location to open in Round Rock this month
• Touched consumers more than 25,000 times in Austin in 2023 with in-clinic appointments, virtual appointments, mobile clinics, and other modes of communication
• Launched an ACO (Accountable Care Organization) REACH product in conjunction with CMS (Centers for Medicare and Medicaid Services)
• Secured risk contracts with BCBS of Texas across multiple product lines
• Secured other risk contracts with multiple payers and employers

This funding round also includes returning investors Health 2047 Capital Partners, Lemhi Ventures, Martin Ventures and a series of individuals.

For more information about Harbor Health, visit www.harborhealth.com.

About Harbor Health:
Harbor Health was created by people who have spent decades trying to make health better, including those who provide health to those who figure out how to pay for it. Harbor Health’s mission is to make the entire health system work better for consumers so that everyone can achieve optimal health. For more information, visit www.harborhealth.com

SOURCE Harbor Health

 A crop of new investors joins existing financiers such as AI powerhouse NVIDIA

CHICAGO, Jan. 11, 2024 — Artisight, Inc. (Artisight), a smart hospital platform powered by industry-defining artificial intelligence to provide virtual care, quality improvement and care coordination solutions, announced today that it raised $42 million in an oversubscribed Series B funding round. Multiple new strategic and client health system investors participated in the round, as well as full participation from Series A investors, including chipmaker NVIDIA (NVDA).

The Artisight platform, which was developed by clinicians for clinicians, marries IoT sensors with deep learning and open integration standards to streamline safe patient care, including virtual nursing. Artisight’s HIPAA-compliant capabilities include computer vision, voice recognition, vital sign monitoring, indoor positioning capabilities and actionable analytics reports. Leveraging these seamlessly integrated capabilities reduces clinicians’ documentation and coordination burden, increases their time for direct patient care, reduces administrative costs, and supports better patient outcomes and satisfaction.

“Our Series B round, which was oversubscribed by 2.4x, provides further validation of the results we have delivered for over 100 hospitals, evidenced by the fact that many of them are also investors,” said Artisight co-founder and CEO Andrew Gostine, MD, MBA. “With nearly 200 more hospitals undergoing implementation, it was clear we needed to grow to support our emerging client base. Healthcare is in the midst of a staffing, satisfaction and financial crisis. Our novel yet widely adopted approach to helping alleviate these problems has made Artisight the most validated all-in-one platform supporting remote nursing, ambient intelligence, and real-time health system applications.”

Providers implementing Artisight’s technology are seeing measurable results in the form of superior quality metrics and improved financial outcomes. For example, client Northwestern Medicine, an award-winning hospital system that encompasses more than 4,000 practicing physicians and twice as many nurses, reports:

• 52% reduction in nursing overtime
• 89% reduction in falls
• 76% reduction in nursing turnover
• Record-high nursing and patient satisfaction scores.

“This success is a testament to our team and health system partners – but the real praise and our gratitude go to the nurses, physicians and hospital staff who have modernized clinical care through Artisight’s platform,” Gostine said. “We have learned immensely from them as we rolled out virtual nursing with AI co-pilots across the country and look forward to the publication of these results in the peer-reviewed literature.”

The company spends 64% of its resources on the development of new capabilities to solve existing and emerging problems. The funding will catalyze another doubling of headcount to keep up with demand for the Artisight platform. Artisight is the only true ambient intelligence platform with solutions developed and deployed in clinics, patient rooms and operating rooms.

“Through the support of our investors and clients, Artisight will continue to lead the AI-enabled clinical transformation that will deliver exponentially greater improvements for health systems,” Gostine said. “We are just scratching the surface of what is possible with ambient intelligence—the best is yet to come.”

For more information, visit artisight.com.

About Artisight
Artisight redefines the possibilities of healthcare through its Smart Hospital Platform and solutions for virtual care, quality improvement, and care coordination. Anchored in deep clinical knowledge and industry-defining artificial intelligence, Artisight’s state-of-the-art computer vision and robust multi-sensor network adapts in real-time to specific environments and workflows, unlocking previously inaccessible data and ensuring seamless integration into your healthcare ecosystem.

Media Contact
Kim Mohr
Amendola Communications for Artisight
[email protected]

SOURCE Artisight

HERZLIYA, Israel, Jan. 11, 2024  Vintage Investment Partners, a global venture capital platform, has announced the close of its 4^th Growth-Stage Venture Fund (Growth IV) at $200 million, above its target. Similar to Vintage’s prior Growth funds, Growth IV will invest in 15-20 leading Israeli, European, and U.S. growth-stage technology startups, together with its trusted network of tier-one venture capital funds. The Fund, which is Vintage’s 16^th fund overall, will operate in parallel to Vintage’s Fund of Funds and Secondary Funds, all driven by Vintage’s deep database and network, bringing Vintage’s total assets under management to roughly $4 billion.

Abe Finkelstein, General Partner at Vintage, noted, “Having just completed Vintage’s 20^th anniversary year, we are entering one of the most exciting periods the firm has witnessed in venture capital investing, with innovation and disruption still occurring at a breathtaking pace across a wide variety of sectors, all the while valuations are becoming attractive after the recent bubble years. Further, despite the tough fundraising environment for venture capital funds, we were able to close Growth IV above target, and are grateful for the strong show of support from our limited partners.”

Asaf Horesh, General Partner at Vintage, added, “Vintage has continuously shown an ability to not only access and support leading companies at the growth stage such as JFrog, Honeybook, Minute Media, Mirakl, Monday.com, SentinelOne, Silverfort, Wiliot, Wolt, Yotpo, and many more, but also generate strong distributions to investors while remaining disciplined in deployment pace and fund sizes. Going forward, we will maintain our laser focus on both partnering with and serving the best founders and teams, and generating market leading returns for our investors.”   

Vintage will continue to support its portfolio companies and funds through its free Value+ services. The Value+ team cultivates relationships with over 500 leading corporations with the goal of generating meaningful business engagements for startups, funds, and corporate partners. Vintage’s Value+ has generated over 3,300 meetings and introductions between startups and corporations, resulting in nearly 300 known purchase orders or paid proof of concepts for startups from global corporations and over $200 million in business.

Amit Frenkel, General Partner at Vintage, said, “We aim to be more than just capital and work our hardest to add value and serve all of our companies. We connect startups with customers, investors, and industry experts. Even when we’re not the largest investor or on the board, our goal is to be the most impactful partner a founder can have.”

In addition, Vintage has grown its team significantly to over 60 people since its last growth fund. Alan Feld, Founder and Managing Partner of Vintage, also noted, “For the last seven years, we have been working hard to build Vintage for the future. We are fortunate to have two generations of excellent future leaders of the firm who I believe can bring Vintage to the next level. I am thrilled that my Partners so successfully raised Growth IV and look forward to working with them to profitably deploy the $632 million fund of funds we raised in 2022, the $312 million secondary fund that we raised a couple of years ago, and the remaining capital in Growth III.”

About Vintage:

Vintage Investment Partners is a global integrated venture platform combining Secondary Funds, Growth-Stage Funds, and Fund-of-Funds. With roughly $4 billion in assets under management across 15 active funds, the firm is invested in many leading venture funds and mid/late-stage startups. Vintage also leverages its position in the ecosystem, broad network, and database of over 3,800 venture funds and over 23,100 startups to provide value-added services to funds and startups, connecting thousands of venture-backed technology startups to hundreds of corporations seeking support in their digital journeys. Vintage’s Value+ also offers funds and startups access to data and market insights, and connections to investors.

Photo – https://mma.prnewswire.com/media/2315897/Partners.jpg

SOURCE Vintage Investment Partners