Key Takeaways
- • Inspired Capital announced the close of its $450 million Fund IV, bringing total committed capital to more than $1.3 billion.
- • The venture capital firm, co-founded by Alexa von Tobel and Penny Pritzker in 2019, says 10 of its investments have reached valuations of $1 billion or more.
- • Ten portfolio companies have surpassed $100 million in annual revenue, four have surpassed $400 million, and the firm has recorded more than 10 exits.
- • The fund will target technology-driven founders across AI infrastructure, health care, defense, fintech, robotics, and consumer goods.
Summary
Inspired Capital announced on Tuesday the close of its $450 million Fund IV, lifting the venture capital firm's total committed capital to more than $1.3 billion, according to the company. The firm was founded in 2019 by Alexa von Tobel and Penny Pritzker and invests in technology-driven companies across sectors including AI infrastructure, health care, defense, fintech, robotics, and consumer goods.
According to the company, 10 of Inspired's investments have reached valuations of $1 billion or more. Von Tobel told Inc. that the firm's central focus is on "the founders going after the biggest and hardest problems facing humanity." The fund will target founders across different industries, including AI, defense, and health care.
The firm's current portfolio includes AI-powered dental lab Dandy, autonomous defense company Allen Control Systems, and quantum computing company Logiqal. Per the company, ten portfolio companies have surpassed $100 million in annual revenue, and four have surpassed $400 million.
The firm has also recorded more than 10 exits, including Teamshares' listing on Nasdaq, Databricks' acquisition of MosaicML, and Mercor's acquisition of Deeptune. Von Tobel said the firm's philosophy is centered on outperformance, stating that its role is to help founders achieve it.
According to the company, 10 of Inspired's investments have reached valuations of $1 billion or more. Von Tobel told Inc. that the firm's central focus is on "the founders going after the biggest and hardest problems facing humanity." The fund will target founders across different industries, including AI, defense, and health care.
The firm's current portfolio includes AI-powered dental lab Dandy, autonomous defense company Allen Control Systems, and quantum computing company Logiqal. Per the company, ten portfolio companies have surpassed $100 million in annual revenue, and four have surpassed $400 million.
The firm has also recorded more than 10 exits, including Teamshares' listing on Nasdaq, Databricks' acquisition of MosaicML, and Mercor's acquisition of Deeptune. Von Tobel said the firm's philosophy is centered on outperformance, stating that its role is to help founders achieve it.
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