Union Square Ventures (USV), the 19-year-old, New York-based venture firm, has raised $275 million for its eighth early-stage fund and $350 million for its fourth opportunity fund, the firm announced in a blog post yesterday.
In sharing news of the two new vehicles, firm partner Andy Weissman and the firm’s general counsel, Samson Mesele, wrote that USV plans to “invest our new funds around the same thesis as our previous funds: we are looking for opportunities in the market that align with our Thesis 3.0.” (USV has written previously that this updated thesis centers on “trusted brands that broaden access to knowledge, capital, and well-being by leveraging networks, platforms, and protocols.)
Relatedly, USV will continue to invest in “both Web2 and Web3 companies and projects,” the post states.
Early last year, when Weissman announced in a similar blog post that USV had raised $250 million for its seventh core f …
