Front Porch Venture Partners’ Post

A bit of extended Friday Fodder on AI over on our Substack! https://lnkd.in/gAJvrggN

Great to see The Economist giving Southeast venture some love and shining a spotlight on 2x fund partner Good Growth Capital! https://lnkd.in/e5S_U2JA

We have always been super milestone focused and this was a great milestone week! We are building for the long term and happy to meet to share our story and strategy at any time. We are just getting started.

Lots to talk about on the Porch today...

Thanks GrepBeat appreciate the chance to share our story and this milestone -- and most excited for the impact that this capital will have for founders and fund partners in our region!

Thanks Lauren Ohnesorge for chatting with us - excited for this milestone and most importantly the impact this capital will have for founders and funds in our region!

We are super excited to announce the successful final close of Fund 2! Fund 2 hit our $20M target and continues to exceed our expectations in capital raised and deployed, plus early portfolio momentum among our fund partners and founding teams. This fund was another labor of love in the midst of a challenging fundraising environment. When we launched in late 2022, the Techpocalypse had descended, Tiger Global and Softbank had left a giant dent in the venture markets (but not in the Southeast!), and some had even breathlessly wondered whether venture capital was dead for good. Fund 2 is quadruple the size of our pilot Fund 1 ($5M) and invests in both venture capital funds as well as directly into startups, much like the largest institutional investors do. Across both funds, together with our 134 Limited Partners, we have now invested in 25 funds and 33 companies throughout the Southeast. Each fund is designed to support 400+ companies in our region, whether through our fund partnerships or direct investments. We cannot thank you enough for your support of Front Porch – whether by sharing ideas, giving advice, or investing with us. Most importantly, thank you for the impact that your time and dollars will have in positioning our region among the world’s best places to start and grow a company.