– Growth-stage venture capital firm focused on supporting dynamic technology companies throughout their life cycles.
– Raised $1.1 billion for its sixth flagship fund, G Squared VI.
– Majority of G Squared VI will be allocated to secondary market opportunities, providing growth capital and liquidity to tech companies and their stakeholders.
– Launch of G Squared VI aligns with a surge in secondary transactions, with volumes exceeding $70 billion in the first half of 2024.
– Founded in 2011 to address the liquidity needs of companies staying private longer; aims to deliver essential liquidity to stakeholders including founders, early investors, and employees.
– Larry Aschebrook, Founder and Managing Partner, expressed that the fund’s closure reflects trust and confidence from limited partners in G Squared’s strategy.
– Strategic Focus Areas: SaaS, fintech and insurtech, mobility, and consumer internet.
– G Squared remains committed to partnering with the world’s best growth-stage tech companies and supporting pioneering leaders in technology.
– With G Squared VI, the firm now manages approximately $4 billion and has deployed $5 billion in capital.
– G Squared has supported leading companies like Anthropic, Bolt, Coursera, Fanatics, FIGS, Tipalti, Toast, Turo, Uber, and Wiz.
