SoftTech VC Closes $85M Venture Capital Fund
Summary
The firm will also continue to invest in Digital Health, EdTech, and New Platforms (drones, bitcoin/blockchain, glasses/virtual reality).Fund IV aims to take larger stakes in portfolio companies and make follow-on investments in subsequent rounds.Geographically, they intend to commit the majority of the capital in San Francisco/Silicon Valley, with New York, Boulder, Southern California, and Toronto-Waterloo forming the balance.Led by Jeff Clavier, founder and managing partner, Charles Hudson, Partner, and Stephanie Palmeri, Principal, SoftTech VC is one of the most established micro VCs in Silicon Valley, with $155m under management.SoftTech VC IV has already invested in DocSend, Panorama Education, Halo Neuroscience, Niche, Stitch, Soldsie and Sapho.