Builders VC Fund marches toward $200 mln target

By Alastair Goldfisher — 8 months ago

Early-stage venture firm Builders, which has offices in San Francisco and Chicago, has raised more than $115.5 million from 36 investors toward its $200 million targeted inaugural fund, according to a regulatory filing. The Builders VC Fund was launched in late 2016 by Paul Lee, who was formerly with Lightbank, and Jim Kim, who previously was with Formation 8. Separately, Builders raised $10 million from three investors for Builders VC Entrepreneurs Fund I, according to a regulatory document.


Proof fund raises $18.6 mln toward target

By Alastair Goldfisher — 9 months ago

Reston, Virginia-based Proof has raised more than $18.6 million toward a targeted $100 million fund, according to a regulatory filing. The filing reports the commitments to date have come from 44 investors. The fund, co-founded by John Backus, John Burke and Thanasis Delistathis, teams up with early-stage firms to support their pro-rata investments in subsequent rounds of their portfolio companies. Investments include Beyond Meat, Casper and Signifyd, among others.


PCF makes four acquisitions

By Iris Dorbian — 10 months ago

Woodland Hills, California-based Peter C. Foy & Associates Insurance Services LLC, which is backed by BHMS and Madison Capital, has made four acquisitions: R.L. Milsner, Inc. Insurance Brokerage, Senex Insurance Services, Inc, Stratton Agency and Clark & Associates of Nevada Inc. No financial terms were disclosed.