Costanoa Ventures Closes Two New Funds, Totalling $240M

USA – Costanoa Ventures, a Palo Alto, CA-based venture capital firm, closed its two newest funds, totalling $240M.

These include: Led by Mark Selcow, Partner, Costanoa Ventures invests in enterprise software companies at Seed and Series A with a focus on Applied AI, SaaS, FinTech, Security, DevOps, and Data infrastructure. These latest funds bring the firm’s total commitments to date to over $900m.Over the last year, Costanoa Ventures has outperformed the industry average by focusing more on companies at the earliest stages, often at formation. Along with work in new emerging markets – such as Latin American and Africa — it has broadened its fintech practice to include crypto and Web3-related companies. The firm had two nine-figure exits for Roaster and Kenna this yearm while Its recent notable fundings include:06/12/2021