USA – Tusk Venture Partners, a NYC-based venture capital firm, closed its third flagship fund, at $140M.
The fund will continue the firm’s strategy of investing in early-stage technology companies operating in highly regulated industries.Since inception in 2016 by Bradley Tusk and Jordan Nof, the firm has invested in over fifty companies and led more than twenty percent of those deals, seen twelve exits and currently serve on the boards of companies worth billions of dollars in enterprise value. Investment included Coinbase, Lemonade, FanDuel, Circle. Wheel, Ro, and Bird.The fund will invest in areas such as healthcare, FinTech, from blockchain infrastructure, to solutions focused on SMBs, as well as the metaverse.The firm just promoted Michaela Balderston to Partner. Balderston has been with Tusk Venture Partners since the very beginning focusing on strategic communications, and building out its platform team.In addition, Brad Welch recently joined as a Partner from Morpheus Ventures in Los Angeles where he was a Partner. Michael LaCerda also joined as Chief Financial Officer, and brings more than fifteen years of experience in Alternative Asset Management Finance from his time at BlackRock, Blackstone and KKR.18/05/2022
