Union Square Ventures Expands Fund to $900 Million While Reducing Partnership Size

Oct 8, 2026

AI Summary

Union Square Ventures has increased its core fund size to $900 million, including $500 million for early-stage investments. The firm is also streamlining its general partnership to four members to enhance its focus on artificial intelligence opportunities.

Union Square Ventures, based in New York City, has raised $900 million in new funding.
The latest funding includes $500 million allocated for an early-stage fund, significantly up from $275 million raised in 2024.
The firm also secured $400 million for an opportunity fund aimed at later-stage investments, compared to its previous $350 million fund.
The general partnership has been reduced to four members: Rebecca Kaden, Fred Wilson, Michael Mignano, and Nick Grossman.

venture capitalartificial intelligencefundinginvestmentbusiness strategy

Union Square Ventures Expands Fund to $900 Million While Reducing Partnership Size

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