AlleyCorp has raised a new fund of about $250 million. This marks the first time the firm is taking on outside investors, despite having a track record of deploying more than $375 million across north of 180 companies to date.

Founded by serial entrepreneur Kevin Ryan, AlleyCorp is a New York-based $500M+ evergreen venture fund that founds and invests in companies in New York and across the globe. AlleyCorp's work stretches across three principal categories: first, founding companies (having founded MongoDB, Gilt Groupe, Business Insider, Zola, Nomad Health, and many more); second, as an early-stage investor in technology companies (across pre-seed, seed, and series A); and third, as a limited partner and fund-of-funds (investing in 30+ top funds globally). For more information, please visit www.alleycorp.com.

AlleyCorp raises a $250 million fund, taking on external investors for the first time

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AlleyCorp raises a $250 million fund, taking on external investors for the first time

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