Financial News
VSC Ventures Announces $21M Fund to Back and Broadcast Startups Across Work, Wellness and World-Saving Technology -
VSC Ventures, the venture fund from the award-winning storytellers behind over 600 venture-backed startups that have produced 20 unicorns and 53 exits and IPOs, announced today a $21M Fund l. After closing an initial tranche of $7M at the end of 2021, VSC Ventures will use this new capital to continue to invest in startups creating innovative solutions across three main categories: the future of work, the future of wellness, and the future of world-saving climate technology.
Managed by Vijay Chattha, founder and CEO at VSC and Jay Kapoor, the firm has so far invested in 11 early-stage startups: Goodcall, The.com, Propel, Dynomics, Graphwear, Neuralight, Enara, Pepper Bio, Sesame Solar and two stealth investments, including one in wave energy capture and another in stealth smart sauna category. With a particular focus on increasing LP participation in startup investments, the latest fund features operators and executives from leading businesses like Poshmark, Discord, Coinbase, Tinder, Krux, Osmo, Group Nine, JioSaavn, Liftoff, Lyft, as well as GPs at many early-stage funds.
With nearly two decades of experience bringing businesses like Poshmark, Tonal, HoneyBook, Fastly, Mammoth Biosciences, Ample, Zume and BYJU'S to market through compelling storytelling and building brands that have secured more than 50 Fast Company award wins, VSC Ventures differentiates itself from other venture firms with industry-leading communications expertise. Marrying venture capital with traditional public relations and video and content marketing, the firm provides portfolio companies with a unique investment and mentorship opportunity. The fund's Venture Partners include Anne Sophie Hurst, Eric Gonzalez, Maggie Philbin, Gwyn Stahlhut, Archie Chattha and Marta Bulaich.
“Deciding to work with VSC and VSC Ventures has been one of the most critical decisions I've made since founding my company,” said Lauren Flanagan, CEO of Sesame Solar. “At first, my investors were cautious about us bringing on a PR firm, but VSC has made a world of difference. Not only did they believe in our mission so much that they invested through VSC Ventures, but their PR work truly put us on the map and we immediately saw a bump in leads.”
"As one of our early seed investors, VSC provided immediate value in helping us craft our message and refining our go-to-market strategy. The VSC team is an invaluable partner, consistently delivering their storytelling superpowers to accelerate our mission to help businesses capture the value of every call. I feel very well supported having the agency at my side as we scale our service to meet increasing market demand,” said Bob Summers, CEO of Goodcall.
To learn more about VSC Ventures, visit its website here: vscventures.com
About VSC Ventures
VSC Ventures is built on the core thesis that it has gotten easier than ever before to start a startup, but harder than ever before for that company to break out or get noticed. We back exceptional founders at Seed & Series A, then leverage our expertise in narrative building, storytelling, and media strategy to help these founders cut through the noise and let their stories reach the right customers, employees and investors.
VSC Ventures invests in three primary categories (“our three Dubs”): The Future of Work, Future of Wellness & Bio, and the Future of World-Saving Tech. We're backed by operators and executives from Poshmark, Discord, Tinder, Krux, Osmo, Group Nine, Liftoff, Lyft, as well as GPs at many early-stage funds.
Media Contact
Maggie Philbin
Partner @ VSC
maggiep@vsc.co
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