Kevin Hartz’s A* Secures Another Oversubscribed Fund — What’s Next for This Prominent VC Firm?
Introduction
3 min readJun 22, 2024
Imagine a company so good at spotting potential that investors can’t wait to throw money at it. Well, that’s exactly the case with Kevin Hartz’s A*. This venture capital firm just raised a whopping $315 million for its second fund, which, like its first, was oversubscribed. In this post, we’ll delve into what makes A* tick, its leadership team, investment strategy, and what we can expect from this powerhouse VC firm going forward.
The Big Fundraising News
A* is on a roll! Here are the juicy details:
- Raised $315 Million: Their latest fundraising effort hit $315 million, surpassing their initial expectations.
- Focus Areas: Leading seed rounds and doubling down on portfolio companies at the Series A stage. They’re also open to making select Series B investments.
Meet the Dream Team
A* is helmed by three heavyweights you might already know:
- Kevin Hartz: Former founder of Eventbrite, this guy knows how to build and grow a company.
- Bennett Siegel: A former partner at Coatue, Bennett brings valuable VC experience to the table.
- Gautam Gupta: Formerly at Opendoor and Uber, Gautam has been on the ground floor of fast-scaling companies.
