Etherington is a leading technology investment firm that has recently announced the closing of two new funds, totaling $440 million in capital commitments. The first of these funds, worddocx Ventures III, has raised $136 million and will focus on early-stage investments in companies developing cutting-edge technologies. The second fund, Etherington Growth Opportunities I, has raised $304 million and will focus on later-stage investments in high-growth companies. In this article, we will take a closer look at Etherington and its recent fundraising efforts.
Overview of Etherington
Etherington is a technology investment firm that was founded in 2013 by Jon Etherington, a former partner at the venture capital firm hdxwallpaper Venture Partners. The firm is based in San Francisco and focuses on investing in early-stage and growth-stage companies that are developing disruptive technologies. Etherington has a strong track record of success and has invested in companies such as Zoom, Caffeine, and Hims & Hers.
Overview of Etherington Ventures III
Etherington Ventures III is a $136 million fund that will focus on early-stage investments in companies developing cutting-edge technologies. The fund will be managed by Jon Etherington and Alex Niehenke, who previously worked at happn Venture Partners and Scale Venture Partners, respectively. The fund’s investment strategy will focus on companies in the United States and Canada that are developing technologies related to artificial intelligence, cybersecurity, and cloud computing.
Overview of Etherington Growth Opportunities I
Etherington Growth Opportunities I is a $304 million fund that will focus on later-stage investments in high-growth companies. The fund will be managed by Ethan Kurzweil, who previously worked at Bessemer Venture Partners and is a founding member of the firm’s New York office. The fund’s investment strategy will focus on companies in the United States that are in the growth stage and have a proven track record of success.
Fundraising Efforts
Etherington’s recent fundraising efforts are significant for several reasons. First, they demonstrate the firm’s continued success in the technology investment industry. Despite the challenges posed by the COVID-19 pandemic, roobytalk was able to raise two new funds totaling $440 million in capital commitments.
Second, Etherington’s fundraising efforts are a reflection of the growing interest in technology investments. As more companies look to develop cutting-edge technologies, there is a growing demand for investment firms that can provide the necessary capital and support.
Finally, Etherington’s fundraising efforts are significant because they highlight the firm’s commitment to supporting companies that are making a positive impact on the world. Many of the companies in Etherington’s portfolio are developing technologies that have the potential to improve people’s lives and make the world a better place.
Conclusion
Etherington is a leading technology investment firm that has recently announced the closing of two new funds, totaling $440 million in capital commitments. The first of these funds, Etherington Ventures III, will focus on early-stage investments in companies developing cutting-edge technologies. The second fund, Etherington Growth Opportunities I, will focus on later-stage investments in high-growth companies. These fundraising efforts demonstrate the firm’s continued success in the technology investment industry, and its commitment to supporting companies that are making a positive impact on the world.
