St. Louis’s SixThirty Ventures gathers $66m for third fund

SixThirty Ventures has closed on $66 million for its third fund, which will invest in early-stage companies at the intersection of finance, health and privacy.

Limited partners include Edward Jones and Reinsurance Group of America, according to a statement.

Based in St. Louis, Missouri, SixThirty targets enterprise technology, fintech, insurtech, digital health, and cybersecurity companies. Since its inception in 2013, it has made more than 100 investments across 15 countries. Half of the founders of its portfolio companies are women or people of color, the firm noted.

Fund III held an initial close on $25.8 million as of April 26, 2021, according to a regulatory filing.

“2022 was by no means a cakewalk for raising a fund, and we learned a lot,” said managing partner Atul Kamra. “For one, SixThirty’s investment thesis is more relevant than ever; the worlds of finance, healthcare and information security are colliding, making room for big, bold investible ideas.”

Fund III’s investments include Sharegain, Sagewell and Angle Health.

SixThirty previously raised two funds. It closed on $7.2 million toward a target of $20 million for a fund called SixThirty 2.0 as of April 2, 2018, according to a regulatory filing. It subsequently it closed on $3.8 million toward a target of $10 million for SixThirty Cyber Fund as of May 17, 2019, another filing states.