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CRV has raised $750 million for its twentieth flagship fund to invest in seed and Series A startups, focusing on consumer and devtools companies.

Aug 02, 20255 days ago

Amount Raised

$750 Million

San FranciscoAngel InvestmentVenture CapitalFinanceFinancial Services

Description

CRV has secured $750 million toward its twentieth flagship fund, which is smaller than its previous fund. The new fund will invest in seed and Series A startups. Despite not raising a late-stage fund, CRV's limited partners backed the smaller fund eagerly. It was raised in just four weeks, illustrating high demand.

Company Information

Company

CRV

Location

San Francisco, California, United States

About

CRV is a 55-year-old venture capital firm that focuses on investing in seed and Series A startups, particularly in consumer and development tools companies. Since its founding in 1970, it has backed over 750 startups, with 80 of them going public. The firm is known for its early investments in companies like DoorDash, Mercury, and Vercel.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech