Founder Collective Raises $95M Fund V for Seed Stage Investing
Gunderson Dettmer represented client Founder Collective in closing $95 million in capital commitments for Founder Collective V. Founder Collective will continue its mission of investing in startups at the seed stage.
In the announcement of the closing, Founder Collective said, “When we started Founder Collective in 2009, we aimed to create the kind of venture capital firm we had wished existed when we were founders. A seed fund built by founders for founders. Today, we’re proud to announce a new Fund* to continue our mission to build the most aligned fund for founders at the seed stage. ‘Founder alignment’ isn’t just marketing copy; it drives every decision we make.”
The Gunderson Dettmer fund formation team was led by Nick Guttilla and included Emma Eriksson Broomhead, Sujata Awasthi, Remy Altman and Anna Leger.