“Revitalizing Venture Capital: Inspired Capital Raises $330M Fund for a Fresh Approach”
Inspired Capital is celebrating its fifth birthday with the closing of its Inspired Capital Fund III with $330M in capital commitments.
The New York-based early-stage venture firm was founded in 2019 by entrepreneurs Alexa von Tobel and Penny Pritzker.
They went on to raise $200 million for a debut fund and then $281 million for its second fund in 2021.
“Venture capital, when properly deployed is actually the most powerful economic engine that the world has ever seen.
As part of the new fund, Inspired Capital wrote a manifesto that highlights how the venture capital firm thinks, what it believes in and what it is looking for.
