Home Latest News Boldstart Ventures begins deploying its new $367 million – Axios

Boldstart Ventures begins deploying its new $367 million – Axios

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Boldstart Ventures, a seed and pre-seed investor with bets in SaaS and crypto infrastructure companies, announced a new pair of funds totaling $367 million on Wednesday.
Why it matters: The fundraising process itself ended last year. By announcing the news now, Boldstart is signaling that it believes this is the moment to jump full force into the seed market.
Details: Boldstart makes very concentrated bets as it prefers to take board seats and lead on deals. Historically, Boldstart has made roughly 20 investments per fund, with founder and managing partner Ed Sim expecting the firm to make 20-25 with this new set of funds — a flagship fund and an opportunity fund.
Background: When markets sour, seed-stage companies tend to be the most insulated from the ensuing valuation reshuffle.
🌴 Of note: Boldstart, having spent over two decades in New York, has also officially moved its HQ to Miami.

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