Unusual Ventures, a now 30-person outfit founded nearly five years ago by former Lightspeed Ventures investor John Vrionis and serial entrepreneur Jyoti Bansal, has closed its third fund with $485 million in capital commitments, Vrionis told us in conversation earlier this week.
It’s not a huge step up from the $425 million that Unusual raised for its second fund in late 2019 and that’s very much by design, said Vrionis, who is the firm’s sole managing director but has bought aboard three general partners in the past year. Among these is serial entrepreneur Lars Albright (he
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