Silverton Partners' most recent and largest fund, Fund VII, has closed at $248 million. This significant amount makes it the largest fund ever raised by the Austin-based venture capital firm.
Understanding Silverton Partners' Funds
Silverton Partners, founded in 2006, is a prominent venture capital firm known for investing primarily in Texas-based startups. Over the years, the firm has consistently grown its fund sizes, reflecting its expanding investment capacity and reach within the startup ecosystem.
Here's a look at Silverton Partners' recent funds:
Fund Name | Closing Year | Amount | Notes |
---|---|---|---|
Fund VII | 2022 | $248 million | The largest fund to date for the firm. |
Fund VI | 2000 | $144 million | Previous fund, significantly smaller than Fund VII. |
Fund V | 2018 | $108 million | Preceded Fund VI, also smaller. |
The substantial increase in the size of Fund VII demonstrates Silverton Partners' continued commitment to fostering growth in the region's entrepreneurial landscape and its ability to attract significant capital for its investment endeavors.