Wing Announces New $600M Pool of Capital

July 14, 2023Client News

Gunderson Dettmer represented client Wing, an early-stage venture capital firm, in the formation of its latest venture capital fund. Wing announced Wing Four, its new $600 million pool of capital, which will focus on early-stage investing and long-term company building in B2B technology, to include in emerging AI-first technology stacks.

In the announcement of the fund formation, Wing partner Peter Wagner said, “We’ve made over 100 investments since forming Wing 10 years ago. Some of them are already household names like Snowflake, Cohesity, Gong and Shape Security; others are bursting onto the scene like Pinecone, Path, and Medely. Such companies are the best expression of why we founded Wing: to empower founders and their customers to do their best work.”

The Gunderson Dettmer deal team was led by Partner Sean Caplice and included Associates David Myerson and Tess DeJong. “We are so grateful to have been able to continue Gunderson Dettmer’s long-term relationship with Wing,” said Sean Caplice “and we look forward to providing ongoing support of their seasoned investment team as they prepare to deploy this new capital.”

Wing Venture Capital