{"id":3896,"date":"2025-08-02T00:55:05","date_gmt":"2025-08-02T00:55:05","guid":{"rendered":"https:\/\/jobuzo.com\/en\/venture-firm-crv-raises-750m-downsizing-after-returning-capital-to-investors\/"},"modified":"2025-08-02T00:55:05","modified_gmt":"2025-08-02T00:55:05","slug":"venture-firm-crv-raises-750m-downsizing-after-returning-capital-to-investors","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/venture-firm-crv-raises-750m-downsizing-after-returning-capital-to-investors\/","title":{"rendered":"Venture firm CRV raises $750M, downsizing after returning capital to investors"},"content":{"rendered":"
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CRV has secured $750 million toward the 55-year-old venture firm’s twentieth flagship fund, it announced on Friday.<\/p>\n

The new fund is smaller than the $1 billion early-stage fund CRV closed in the fall of 2022. At that time, the firm also announced a $500 million second Select fund, a capital pool for backing late-stage rounds of existing portfolio companies.<\/p>\n

It’s no surprise that CRV is not raising a late-stage fund as part of its new fundraise. Last year, the firm told The New York Times it was returning $275 million from its $500 million Select fund to investors. The firm explained that it would not be raising another late-stage vehicle because follow-on rounds for many of its companies would lower its overall returns.<\/p>\n

CRV’s limited partners were eager to back the firm’s smaller fund, the firm said. It raised its entire $750 million fund in just four weeks, with demand for double that amount, CRV wrote.<\/p>\n

The latest fund will be used to invest in seed and Series A startups and it will focus on backing consumer and devtools companies.<\/p>\n

CRV is known for leading DoorDash’s seed financing and the Series A rounds for both Mercury and Vercel, a cloud platform for web developers, which was last valued at $3.25 billion.<\/p>\n

News :<\/span><div>12 weeks' jail for school IT support technician who took upskirt videos of teachers<\/div><\/span><\/a><\/div>

Since its founding in 1970, CRV has backed over 750 startups, with 80 of them eventually going public.<\/p>\n

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Techcrunch event<\/p>\n

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\n\t\t\t\t\t\t\t\t\tSan Francisco<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t\t|<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t\tOctober 27-29, 2025<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<\/div>\n<\/div>\n

The firm’s latest investments include CodeRabbit, a startup for AI code review, and Outtake, a company that uses AI for cybersecurity.<\/p>\n<\/div>\n

Venture firm CRV raises $750M, downsizing after returning capital to investors<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

CRV has secured $750 million toward the 55-year-old venture firm’s twentieth flagship fund, it announced on Friday. The new fund is smaller than the $1 billion early-stage fund CRV closed in the fall of 2022. At that time, the firm also announced a $500 million second Select fund, a capital pool for backing late-stage rounds…<\/p>\n

Read More “Venture firm CRV raises $750M, downsizing after returning capital to investors”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":3897,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=3896"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/3897"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=3896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=3896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=3896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}