Arthur Ventures Raises $470,000,000 in New Capital
04/13/23
We are excited to announce that we have raised $470,000,000 to continue investing in B2B software companies across North America at the Early Growth stage.
Consistent with prior vintages, this capital raise consists of two new investment funds: Arthur Ventures V ($300,000,000 core fund) and Arthur Ventures Growth IV ($170,000,000 growth-stage fund). These funds will be deployed behind the same Early Growth Capital thesis with no change in strategy.
We would like to express our deepest gratitude to our Limited Partners. This fundraise started in January and was allocated by March with a 100% recommitment rate. The strength and stability of these incredible organizations during an uncertain market environment enables us to remain aggressive in pursuit of capital-efficient growth companies while many traditional VC firms are re-evaluating their investment models.
We are also pleased to add great causes to our Limited Partner base through the addition of a major Children’s Hospital and one of the largest poverty-focused private foundations in the U.S., among others.
Thank you to the existing Arthur Ventures network of partner companies for continuing to validate our Early Growth Capital thesis through your strong performance. Arthur Ventures crosses $1,000,000,000 in assets under management (AUM) with this fundraise because you have left no doubt that balancing high-growth with capital-efficiency is the most durable path to value creation. We are honored to be on your team.
Thank you,
Patrick & Ryan