Alpha Partners raises $153M third fund for pro-rata investments

Steve Brotman started Alpha Partners in 2014 with a novel idea at the time: investing alongside early-stage VCs to help preserve their ownership in promising companies as they transition to later funding rounds. Alpha’s first fund was a mere $10 million. But as startups started staying private for longer, the VC industry invented various mechanisms […] © 2024 TechCrunch. All rights reserved. For personal use only.

Sep 9, 2024 - 19:00

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Alpha Partners raises $153M third fund for pro-rata investments

Steve Brotman started Alpha Partners in 2014 with a novel idea at the time: investing alongside early-stage VCs to help preserve their ownership in promising companies as they transition to later funding rounds. Alpha’s first fund was a mere $10 million. But as startups started staying private for longer, the VC industry invented various mechanisms […]