WillowTree Investments, a venture capital firm based in Rye, New York, is officially in the process of raising its third fund.
This move marks an important step for the firm as it looks to expand its reach and continue investing in innovative startups.
What We Know About the Fund
A recent regulatory filing with the SEC revealed that WillowTree Ventures Fund III, LP, is in the early stages of raising capital.
As of now, the fund has yet to secure any funds, according to the document.
The filing also lists key individuals involved in the raise, including Rohit Bodas, Harshul Sanghi, and Venkat Chari, who are all associated with WillowTree.
Focus on Emerging Technologies
WillowTree is known for its focus on early-stage investments, particularly in startups that are driven by artificial intelligence (AI).
The firm has a keen interest in sectors such as Enterprise Tech, Fintech, Vertical SaaS, and Sustainability.
They typically invest in companies ranging from pre-seed to Series A, with initial investments of up to $500,000.
This new fund will help WillowTree continue its mission to support the next generation of tech-focused businesses, particularly those looking to leverage AI for growth and innovation.