137 Ventures Wraps Up $210M Investment Fund

Law360 (March 12, 2019, 3:53 PM EDT) -- Private investment firm 137 Ventures, which targets technology companies it believes have promise, like SpaceX and e-commerce company Wish, said Tuesday that it has clinched its fourth fund after securing $210 million from limited partners.

The fund is called 137 Ventures IV LP, according to a Form-D filed with the U.S. Securities and Exchange Commission. The capital raise increases 137 Ventures' total assets under management to more than $1 billion, according to a statement.

Formed in 2011 by Justin Fishner-Wolfson and S. Alexander Jacobson, 137 Ventures seeks out "fast-growing, private companies with sustainable competitive advantages." In addition to SpaceX and Wish,...

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