G Squared, a growth-stage venture capital firm, announced on Monday, August 26, that it has closed its sixth flagship fund — G Squared VI, at $1.1B in committed capital.
With this additional capital in G Squared VI, G Squared now has approximately $4B (approximately €3.5B) under management.
To date, the VC has deployed $5B (approximately €4.4B) in capital to support leading companies including Anthropic, Bolt, Coursera, Fanatics, FIGS, Tipalti, Toast, Turo, Uber, and Wiz.
According to the VC, the majority of G Squared VI will be allocated to secondary market opportunities, providing growth capital and critical liquidity to the next generation of disruptive tech companies and their stakeholders.
“We are thrilled to have closed this substantial fund, which reflects the trust and confidence our limited partners have in our team and our strategic vision,” says Larry Aschebrook, Founder and Managing Partner of G Squared.
“G Squared VI will enable us to continue our mission of partnering with transformative companies that are shaping the future, while also leveraging secondary market opportunities to provide liquidity relief for the VC ecosystem,” adds Aschebrook.
G Squared’s strategy
G Squared’s strategy relies on the flexible deployment of capital through a full suite of liquidity services.
This includes direct secondary transactions, primaries and structured primaries, company-sponsored tenders, and more.
They work in partnership with portfolio company management teams to drive continued growth and stability in the private markets.
With this capital infusion, the VC aims to identify and support visionary entrepreneurs and the world’s fastest-growing tech companies in the firm’s four core areas of focus: SaaS, fintech and insurtech, mobility, and consumer internet.
G Squared: Focusing on growth-stage technology companies
Founded in 2011, G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider.
The firm focuses on investments in growth-stage technology companies and has invested in 130+ portfolio companies since its inception.
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