Susa Ventures, an early stage venture capital firm focused on investing in tech startups, is seeking to raise its second fund.
According to a regulatory filing with the SEC, the fundraising target for Susa Ventures II, L.P., this is the name of the fund, is $50m.
The document lists general partners Chad Byers, Leo Polovets and Seth Berman as people related to the raise. Eva Ho is the other general partner of the firm.
Based in Los Angeles, San Francisco and NYC, Susa Ventures invests in early stage companies that build data platforms, analytics, and tools that produce inherent network effects and actionable intelligence to support critical business decisions in a variety of data-rich sectors (e.g. health, finance, commerce, education). Beyond capital, they provide backed companies with capacities spanning marketing, customer acquisition, product management, software development, and operations.
This new vehicle follows their first $25m fund (read here), which has invested in companies like Declara, FoxCommerce, Andela, LendUp, Scalyr, RobinHood, PolicyGenius, Lyst, etc.
FinSMEs
30/01/2016