Wildcat Venture Partners is looking to more than triple its funds under management by raising up to $120m for its second investment vehicle.
Investments to date include tech-focused lease insurance business LeaseLock, student loan payment management startup tuition.io and financing services and marketplace provider Zebit.
The firm pulled in $57m for the final close of its debut fund in March last year, having initially hoped to collect up to $100m for the vehicle.
But that has not deterred the firm from heading back into fundraising with an increased goal for its sophomore vehicle.
Credit Suisse Securities (USA) was working as a placement agent for the debut fund, but is not being used for Wildcat Technology Partners II according to an SEC filing.
Wildcat was founded in 2016 by Mohr Davidow’s Bill Ericson, Katherine Barr, and Bryan Stolle, along with InterWest’s Bruce Cleveland.
The firm focuses on consumer, digital health, edtech, enterprise, fintech, marketing technology, and marketplace
It says it invests in early stage companies leveraging key technologies in areas including AI, augmented reality/virtual reality, highly scalable data infrastructure, machine learning, and the internet of things.
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