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NY-based VC firm $2 billion Investing in internet and consumer goods companies since inception
New York, April 26, 2022 /PRNewswire/ — Left Lane Capital, New YorkVenture capital firm founded in August 2019today announced the final closing of its second fund, Left Lane Capital Partners II LP (Fund II). $1.4 billion is the original goal billion dollarsWithin two years, Left Lane will be $2 billion Commitment capital to invest in high-growth, high-retention internet and consumer technology businesses around the world.
Fund II represents more than double the amount raised in Fund I. $630 million exceed initial goals $500 millionLeft Lane’s oversubscribed funds show strong conviction in their paper. The future of global consumer and worker economies will be defined by the continued and accelerated penetration of digital-first platforms. Left Lane is headed by his four managing partners. harley miller, Dan Ahrens, Jason FiedlerWhen Vinny Puzirepresenting one of the youngest teams to raise funding of this scale.
“From your morning cup of coffee, to virtual one-on-one tutoring, to long-term financial wealth management, all of your spending, whether at home or at work, is addressed by digital-first solutions.” harley miller, CEO and Managing Partner of Left Lane. “To unlock this opportunity, our investment strategy is uniquely rooted in a data-centric approach, unique sourcing capabilities, and an unwavering commitment to genuine partnerships with entrepreneurs. Not only is it a builder, it leverages its market expertise and team to accelerate your business with more precision than a generalist firm.
Left Lane is a global investment firm with offices in both. New York When Londonhas made 36 investments in the most promising Internet and consumer technology companies across 12 countries. The company targets companies at critical growth inflection points and leads deals in the Series A to C stages. Leveraging its differentiated market expertise and metrics-driven evaluation process, Left Lane strategically targets fintech, edtech, SMB tech, software, food tech, e-commerce, health and wellness, gaming and entertainment, and more. Investing.
Selected initial investments for Left Lane include GoStudent (Viennabased digital marketplace for video-based tutoring), M1 Finance (Chicagobased all-in-one investment and advisory platform), and Wayflyer (DublinFundraising platform for e-commerce businesses based on ), all of which have already reached unicorn status. Left Lane includes Masterworks (iconic artwork investment platform), Jackpocket (mobile lottery platform), Moove (flexible car ownership), Blank Street (specialty coffee chain), Hnry (personal tax platform) and more. It also invests in other prominent companies in earner), etc.
“Left Lane is turning the VC model upside down. Not only are they the go-to sparring partner for all strategic decisions big and small, they have championed us within the market. For many of the CEOs they’ve supported in the past, this is a strong signal for us and shows how well-respected they are within the global founder community.
With its broad existing portfolio and large Fund II, Left Lane intends to continue investing in this network, further building internal capabilities on key functions, and prioritizing the growth and evolution of its portfolio companies.
“Left Lane’s differentiator is first and foremost our people. We are committed to helping consumers and internet investors create their own brands and to be a trusted partner to the next generation of market-defining entrepreneurs. We are building the best place for Dan Ahrensmanaging staff.
About Left Lane Capital:
Left Lane Capital is a major New Yorkis a global venture capital firm that invests in high-growth internet and consumer technology companies. Left Lane’s mission is to partner with extraordinary entrepreneurs who create businesses that define categories integral to the human condition and psyche. Previous investments include GoStudent, Masterworks, M1 Finance, FightCamp, Wayflyer and Blank Street. Left Lane’s team brooklynhead office and London. For more information, see: www.leftlanecap.com.
Press contact:
Amador Erika
Head of Platform at Left Lane Capital
erica@leftlanecap.com
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SOURCE Left lane
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