We are really excited to announce the closing of Bull City Venture Partners III, a $26 million venture capital fund.
David and I sincerely appreciate the commitment from all of our LPs and the overwhelming support from the entreprenurial community.
Now, more than ever, we believe there is a big opportunity in front of us. The region we serve has less capital than in the past. However, the level of activity in entrepreneurship has never been stronger.
We will continue the same focus we have always had:
- Great entrepreneurs
- Southeast and Mid-Atlantic
- ~70% seed/early; 30% growth
- Software, e-commerce, internet, mobile, health IT
We are looking forward to the working with the very best entrepreneurs in the years ahead.