TLDR: Westbound Equity Partners Closes Second Fund, at $100M
Key Points:
- Westbound Equity Partners, a Menlo Park, CA-based early stage venture capital firm, closed its second fund at $100m.
- Formerly known as Concrete Rose, Westbound focuses on capitalizing underrepresented founders, investing in companies serving underrepresented consumers, and helping early stage companies build diverse teams.
Westbound Equity Partners, a venture capital firm based in Menlo Park, CA, recently closed its second fund at $100 million. Previously known as Concrete Rose, the firm is dedicated to supporting underrepresented founders, investing in companies that cater to underrepresented consumers, and assisting early stage companies in building diverse teams. This fund closure marks a significant milestone for Westbound as they continue to promote diversity and inclusion in the startup ecosystem.
This news comes amidst a growing trend in the venture capital industry towards supporting diverse founders and companies that serve underrepresented communities. Westbound Equity Partners’ commitment to this mission sets them apart in the competitive landscape of early stage venture capital firms.
Investors and industry insiders are keeping a close eye on Westbound Equity Partners as they deploy their second fund and make strategic investments in promising startups. With a strong focus on diversity and inclusion, Westbound is poised to make a lasting impact on the startup ecosystem and support the growth of underrepresented founders and companies.
