Press Release October 15, 2020

Lead Edge Capital Closes Fund at $950 Million

The Private Investment Funds team advised Lead Edge Capital on the formation of Lead Edge Capital V (Fund V), which was oversubscribed and closed at $950 million of commitments from over 500 investors.

Lead Edge Capital is a growth stage investment fund with over $3 billion of capital raised since inception, and portfolio companies across the internet, software, consumer, and tech-enabled services sectors — including Alibaba Group, Asana, Bazaarvoice, Duo Security, Signal Sciences, Spotify, Toast, and TransferWise.

Lead Edge will target making equity investments of between $20 million and $150 million per portfolio company from Fund V.

The Goodwin team was led by Ilan Nissan, Eric Goldstein, Lindsay Reed, Brittany Cohen, and included Andrew Silvia, Bill Weiss, Sonita Bennitt, Patrick Menasco, and Bibek Pandey.

For more details, read the press release.