Reach Capital Closes Oversubscribed $265M Fund V for AI Founders in Learning, Health and Work
Summary
Reach Capital closed a $265M Fund V — its largest yet, up from $215M for Fund IV in 2023 — to back AI founders across learning, health and work. Check sizes are $1M–$10M pre-seed through Series A across roughly 50 companies over three years. LPs include Capricorn Investment Group, LA Fire and Police Pensions, the LEGO Foundation and College Board.
Originally reported by techcrunch.com
Read the original article →Original headline: Reach Capital Closes Oversubscribed $265M Fund V for AI Founders in Learning, Health and Work