San Francisco-based Ridge Ventures has raised $180M to invest in early-stage software startups.
The company has $540M worth of assets under management.
Ridge Ventures's average investment ranges between $2M-$7M.
- The firm has invested in companies such as:
- Discord,
- Bolt,
- Braze,
- Krux,
- and Fastly.
- The fund, officially named Ridge Ventures V, will invest in Seed and Series A stages startups.
- Backers in the fund included foundations, family offices, fund-of-funds, consultants, private wealth platforms, founders, and insurance companies.
- Ridge Ventures is based in San Francisco and has an additional office in Austin.
