Early-stage venture firm A* Capital, founded by Kevin Hartz, has closed its third fund with $450 million in commitments.
A* Capital announced the completion of Fund III, marking another milestone for the early-stage venture investor. The firm focuses on seed and Series A investments across technology sectors.
Hartz, who co-founded Eventbrite before transitioning into venture capital, launched A* Capital to back emerging founders and companies in their formative stages. The firm's previous funds have supported a portfolio of startups navigating the early venture landscape.
The $450 million raise underscores continued investor confidence in early-stage venture strategies despite broader market volatility. A* Capital joins other established early-stage firms in securing substantial capital commitments for their latest investment vehicles.
The firm typically deploys capital across multiple sectors, with a focus on identifying founders and technologies with significant market potential during their earliest funding rounds.
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