Conversion Capital, an early-stage venture firm, has closed its oversubscribed and largest fund to date – the $122 million Fund III backed by institutions, family offices, and over a dozen founders.
The new capital will fuel Conversion Capital’s investment into 25-30 pre-seed to Series A fintech companies building software, cloud infrastructure, and data technologies. Since 2015, Conversion Capital has funded more than 60 startups, leveraging deep domain expertise and a global network of early adopters to help unlock early growth and go-to-market channels for founders. The firm has begun deploying capital from the new fund across the fintech landscape and into adjacent industries undergoing structural transformation.
Conv version Capital deploys initial investments from $500,000 to $5 million into pre-seed through Series A companies, with founder-led engineering teams.
