The Private Equity team advised Lead Edge Capital on closing its Fund IV round of $520 million. This brings the firm’s total capital under management to more than $1.5 billion. Fund IV will accelerate the firm’s mission to invest in and thoroughly support companies in software, internet, and consumer business industries
Founded in 2009 and headquartered in New York City, Lead Edge Capital is a growth stage investment fund with $1.5 billion under management, and portfolio companies across the internet, software and consumer spaces – including Uber, Spotify, Alibaba Group, Marketo, Xamarin, Duo Security, Toast, Delivery Hero, Uber, Bazaarvoice and Mindbody. Lead Edge Capital leverages its LPs to connect companies with the customers, partners, talent and advisors needed to accelerate success.
For additional details on the financing round, please read the press release.