TLDR:
New York-based early stage venture capital firm Exponent Founders Capital has launched and raised $125 million to date. The firm’s new $75 million Fund II will be deployed across various sectors such as enterprise software, fintech and payments, infrastructure, applied AI, and vertical SaaS in the US, Canada, and Europe. The fundraising was subscribed by nonprofit endowments and hospitals, with limited partners including Carnegie Mellon University and Cook Children’s Health Care System.
Exponent Founders Capital is a new venture capital firm based in New York City that has recently launched. The firm has disclosed that it has raised a total of $125 million to date, which includes a new $75 million Fund II vehicle. This funding will be used by the firm to invest in promising inception and early stage companies operating in various sectors such as enterprise software, fintech and payments, infrastructure, applied AI, and vertical SaaS across the United States, Canada, and Europe.
