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.
