Much has changed in the world since we announced our last early stage fund in 2018, especially in the last several months, as so much of our day-to-day lives have been reshaped by the coronavirus pandemic. We believe it’s more important than ever to back visionary founders, like the many we’ve had the privilege of working with as a firm so far.
We’re both excited and grateful to have the opportunity to continue to partner with early stage entrepreneurs. To that end, we wanted to share that we’ve raised a new $500M early stage fund.
Times of crisis often reveal the great leaders from the good. We are impressed by the many founders who understand this innately and continue to steer their businesses thoughtfully through this unexpected time.
At Redpoint, we feel very fortunate to back people who are building the future. While the entire world looks to rise and rebuild, we have every confidence that the startup ecosystem too will continue to invent and thrive. Important businesses will emerge from this period motivated by the idea that they can support and improve the ways we work and live. We’re honored to be part of the journey with each of our entrepreneurs and portfolio companies, and are very grateful for the opportunity to work with the team here at Redpoint.
We wish each and every one in our community resiliency and good health.