FOLLOW US

Technology-focused investment firm and holding company WndrCo announced Tuesday it secured more than $460 million in new capital across two funds: a seed and a venture fund.

WndrCo Raises $460M Across 2 New Funds : New Capital for Future Investments

The capital raised for the funds will be used to invest in companies in the future of work, consumer technology, cybersecurity, and developer infrastructure sectors, according to a Tuesday statement. New York-based WndrCo did not specify how much money was raised for each fund but noted that the fundraises mark the expansion of its Venture Capital arm.

"When Sujay (Jaswa) and I founded WndrCo, we aspired to be the 'founders behind the founders' — helping entrepreneurs harness their vision and navigate the challenges it takes to build something truly groundbreaking," WndrCo founding partner Jeffrey Katzenberg said. "Today, with our newest funds, we're doubling down on that mission by investing in audacious founders who are redefining how we live, work, and protect ourselves."

WndrCo’s Strategic Focus

Founded in 2016, WndrCo says it focuses on the "consumerization of software" through its three different strategies: Build, Venture, and Seed. The firm has managed $1.3 billion in assets since its inception, with the goal of helping new companies and supporting entrepreneurs, the statement said.

Through the firm's Venture strategy, WndrCo targets founders "reshaping" their respective industries. So far, the firm has made investments in companies such as 1Password, a password manager; Airtable, a platform that builds next-gen apps; Databricks, a data, analytics, and artificial intelligence company; and Figma, a collaborative interface design tool, among others.

WndrCo's Seed strategy invests early in up-and-coming entrepreneurs. To date, the firm has made investments through its Seed strategies in companies such as Yassir, an app for paying for rides, meals, and grocery deliveries; Material Security, a detection and response kit for email; ComplianceCow, a security compliance platform; and Twelve Labs, a multimodal artificial intelligence company.

Partnership and Acquisition Strategy

The firm's third strategy, its Build strategy, looks to partner with founders and CEOs and often acquires controlling stakes in "underappreciated" technology companies, the statement said.

Legal carousel information for the law firm advising WndrCo was not immediately available Tuesday, and a representative for the company did not immediately return a request for additional information.