Equal Ventures, a venture firm that debuted in 2020 with a $56 million first fund, has raised a pair of new investment vehicles, SEC filings show. The New York City-based firm has closed a $94.8 million second fund and its first opportunity fund, worth $75 million.
The investment firm is led by two investors, Richard Kerby and Rick Zullo, equal partners in the firm. Kerby declined to comment about the funds over email.
Equal Ventures looks to be the first institutional investor in a startup, a level of conviction that means that it is more focused on a concentrated portfolio than small checks
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