Union Square raises its seventh early-stage fund

Union Square Ventures raises $250m for its 2021 Core Fund, about two years after its previous early-stage venture fund was closed.

Union Square Ventures announced it has raised $250 million in commitments for its 2021 Core Fund, which comes about two years after its predecessor fund. This is the firm’s seventh early-stage venture fund since it was founded in 2003. The Core Fund is addition to its Climate and Opportunity funds.

A recent regulatory filing lists partners Fred Wilson, Albert Wenger, Andrew Weissman, Rebecca Kaden, John Buttrick and Nick Grossman.

Source: USV blog post