Founders Circle Capital is raising a second opportunities fund

Founders Circle Capital, a San Francisco, CA firm that buys secondary deals in late-stage companies, is raising a second opportunities fund according to a document with the SEC. The total offering size listed on the filing is indefinite. First sale was not yet reported.

The firm previously has raised $403 million across two funds. Founders Circle has invested in startups like the Dollar Shave Club, Twilio and AppDynamics by purchasing stock from founders and employees of these companies.