FirstMark Capital Announces Two Funds Totaling $650M
Gunderson Dettmer represented FirstMark Capital in the formation of two funds: FirstMark V, focused on early-stage company investments and FirstMark Opportunity Fund III, focused on follow-on investments.
In the announcement of the fund the firm stated, “Turbulent times are often the catalyst for deep change — be it product, technological, organizational, societal or otherwise. We believe innovation can play a huge role in redefining what’s possible, and we look forward to working with the next generation of entrepreneurs changing the world for the better.”
The Gunderson deal team for the FirstMark Opporunity Fund III was led by partner Brian Hutchings and included Jessie Chen, Andrew Watiker, Steven Franklin and Peter Dupont.
The Gunderson deal team for the FirstMark V was led by partner Brian Hutchings and included Jessie Chen, Andrew Watiker, Steven Franklin, Peter Dupont and Jace Clegg.