Lucky Number 7: Lead Edge Closes on $3.5 billion

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Venture Capital Private Equity

Lucky Number 7: Lead Edge Closes on $3.5 billion

peprofessional

3 months ago

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Lead Edge Capital has closed its seventh fund with $3.5 billion in oversubscribed commitments. Fund VII is the largest fund the firm has ever raised and brings its total capital raised since founding to more than $9 billion.
Lead Edge Capital makes both control and minority investments of $50 million to $400 million in equity in growth-stage software, internet, and technology-enabled businesses located in North America and Europe. Many of the firm’s target companies have recurring revenue models...

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