Wing Venture Capital Raises $450M Third Fund
Summary
Backed by institutional investors, Wing Three is a pool of capital dedicated to early stage investing and long-term company-building in enterprise technology. The fund will be invested to help founders build businesses that enable the “Modern Enterprise,” which is an agile workplace built on data and powered by AI. The firm invests early, leading Seed and Series A financings, and partners for the long term with its signature company-building skills and resources. In the past two years, Sara Choi (formerly of Google), Jake Flomenberg (formerly of Accel) and Aaref Hilaly (formerly of Sequoia) have joined Zach DeWitt, Gaurav Garg and Peter Wagner as investing partners. Across their venture careers, the Wing team has worked as early, lead investors in twenty-one enterprise technology companies that have gone public or realized billion-dollar exits, including eighteen IPO’s and three billion-dollar-plus acquisitions.