This morning Cervin Ventures announced the close of $162 million of new capital for us to invest in enterprise startups. In addition, we’re excited to announce the launch of our portfolio services team, led by Silicon Valley veteran Scott Brown, to help our entrepreneurs accelerate the growth of their businesses.
This rounds out what have been exciting years for Cervin, as we have:
-Added Daniel Karp to our investment team
-Completed 10+ investments in companies including Bolster, Causely, FireCompass, Lightlytics, OwnID, Ratio, and Vendelux
- Grown our Assets Under Management (AUM) to more than $335 million
Since we started investing ten years ago, we have believed our team’s experience as operators and entrepreneurs gave us a unique perspective to help entrepreneurs navigate the early days of their journey. Closing our 5th flagship fund in a challenging market demonstrates that LPs recognize how our disciplined approach allows portfolio companies to build sustainable long-term value.