Inspired Capital Closes Second Fund at $281 Million

Palo Alto – September 21, 2021 – Cooley advised Inspired Capital, a New York-based early-stage venture firm founded by Alexa von Tobel and Penny Pritzker, on the close of its second fund with $281 million in capital commitments. Partner Shane Goudey led the Cooley team advising Inspired Capital.

Inspired Capital’s total assets under management have reached nearly half a billion dollars, making Inspired Capital one of the world’s largest venture firms led and managed solely by women. The firm’s second fund will invest in seed and Series A companies across all categories of innovation and all types of founders.

“I’m truly proud of the progress we have made,” von Tobel said in an interview. “In two-and-a-half years, we are making great strides against our vision of building an early-stage fund committed to the best founders of the future.”

Founded in 2019, Inspired Capital backs early-stage founders with transformative ideas, brilliant teams and relentless determination. By leveraging its experience across consumer and enterprise technology, the firm strives to help businesses at the seed and Series A stages become category-defining companies.

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