Press Release

Rally Ventures Closes $240 Million Fund V

December 19, 2023

Palo Alto – December 19, 2023 – Cooley advised Rally Ventures, a company investing exclusively in early-stage business technology companies and focusing on entrepreneurs creating major new markets or bringing transformative approaches to existing ones, on the close of its Rally Fund V at $240 million. Partner John Clendenin led the Cooley team advising Rally Ventures.

The close of Rally Fund V brings Rally Ventures’ total assets under management to more than $1 billion. Rally Ventures will continue its history of investing in promising early-stage startups and will focus on cybersecurity, future of work, software as a service and artificial intelligence/machine learning in 2024.

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