Union Square Ventures
USV early-stage fund ($500M) + opportunity fund ($400M), 2026
USV raised $900M across a $500M early-stage fund (up from $275M in 2024) and a $400M opportunity fund, its biggest cycle in 23 years, as reported by Bloomberg. The larger pools let the firm lead rounds with cheques around $30M, do more seed deals and incubate companies internally, with AI, robotics, manufacturing and energy as current themes. The active partnership shrank to four general partners, with four long-time partners moving to part-time roles.
Fund size
$900M
as announced
Closed
Oct 8
2026 · final close
Check size
Members
min and max cheque
Stage
Members
and regions of investment
Focus
AIRoboticsEnergyConsumerEnterpriseSeedSeries AGrowth
Who to email
4 people · each checked 2026-10-25Fred Wilson
Co-founder and General Partner
Rebecca Kaden
General Partner
Nick Grossman
General Partner
Michael Mignano
General Partner
Names and roles from the fund's own team page. Contact details are the ones the firm publishes. Listed here and want out? Remove my profile.
Sources
- Crypto Briefing (citing Bloomberg), 2026-10-08
- usv.com, checked 2026-10-25