137 Ventures, a California-based growth stage venture capital firm, has secured $210 million for its fourth fund.
The fourth fund was backed by institutional limited partners that include leading endowments, foundations, and family offices.
The fund aims at continuing with137 Ventures’ investment strategy of backing capital-efficient, high-growth companies primarily by providing customized liquidity solutions to their founders, investors, and early employees.
The close of the fund brings the firm’s assets under management to more than $1 billion.