Golden
Union Square Ventures

Union Square Ventures

Union Square Ventures is a venture capital firm in New York City which has backed companies such as Twitter, Foursquare and Zynga.

Union Square Ventures is a New York-based venture capital firm that focuses on companies which provide services that can potentially be transformative to major economic markets. It was founded in 2003 by Fred Wilson and Brad Burnham. 

Product

The firm states that it invests in companies that seek to broaden the access to its services or products. The access can usually be broadened due to advancements in technology and by generating online platforms that can be accessed anywhere in the world. Industries in which Union Square Ventures works include healthcare, education technology, and digital assets. 



The company announced plans to invest in blockchain and cryptocurrencies in 2018. It stated that it would not establish a separate fund for this venture and that it is planning to invest in these industries for the next ten years. In 2019, Union Square Ventures raised more than $428 billion for a new venture capital fund as well as an opportunity fund. 



Union Square Ventures also has a networking group which aims to be a resource for direct peer introductions and access to cross-company management training. 

Timeline

October 17, 2019

USV invests $10.5M in OB1.

December 28, 2018

USV Opportunity 2019, LP fund is announced on Dec 28, 2018 and raises a total of $250M.

Funded Companies

109 Results
Company
Company
Description
Description
Website
Website
Industry
Industry
Location
Location

Algorand is a company implementing an open source public ledger and cryptocurrency payment system utilizing the Byzantine Agreement message-passing protocol to reach consensus among network participants.

Carta (formerly eShares) is a San Francisco based cap table management platform that offers 409A valuations, products for investors and public companies.

A cloud communications platform for building SMS, Voice & Messaging applications on an API built for global scale that was founded in 2008 and headquartered in San Francisco, California.

Coinbase is a digital asset exchange company headquartered in San Francisco, California. It operates exchanges of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.

A web performance and security company providing services for the protection and acceleration of websites online.

Blockstack is a full stack internet platform for building decentralized apps.

Top Hat is a company founded by Mike Silagadze. Top Hat produces software aimed at increasing engagement in students. The software allows users to integrate videos and graphics and customize interactive textbooks.

An insurance company using analytics and technology to offer insurance premiums to small businesses.

A software company providing a blog comment hosting service for websites.

Firebase is a mobile and web application development platform. It was founded in 2011 and acquired by Google in 2014. It is located in San Francisco, California. 

Heyzap is a mobile advertising platform that was acquired by Fyber for $45m in 2015. It was founded in 2008 and was located in San Francisco, California.

Company for outsourced research through a network of scientific service providers.

A technology company utilizing artificial intelligence for image searches that can in turn be used in mobile applications. It is located in New York City, New York and was founded in 2013.

An education technology company that has created a platform where students can create review games for the content which they are studying It was founded in 2007 and is located in San Francisco, California. 

Patch Homes is a company founded by Sundeep Ambati.

A medical technology company building online open intelligence system for improving patient health.

Casetext is a company focused on artificial intelligence tools for attorneys.

Indeed is a recruitment company.

A company providing an online audio distribution platform for listening to music and podcasts.

Associated investment funds

12 Results
Investment Fund
Investment Fund
Total offering (USD)
Total offering (USD)
Total sold (USD)
Total sold (USD)
Location
Location
Date signed
Date signed
190,575,000
190,575,000
December 28, 2018
166,800,000
166,800,000
March 17, 2016
8,375,000
8,375,000
January 24, 2014
200,000,000
135,325,000
December 28, 2010
166,025,000
166,025,000
January 24, 2014
8,200,000
8,200,000
April 1, 2016
7,450,000
7,450,000
December 16, 2011
200,000,000
116,500,000
October 14, 2011
238,218,750
238,218,750
December 28, 2018
166,025,000
166,025,000
January 24, 2014
9,000,000
December 28, 2018

People

Name
Role
LinkedIn

Albert Wenger

Partner



Alexander Pease

Employee



Andrew Parker

Employee



Andy Weissman

Partner



Brad Burnham

Co-Founder



Brian Watson

Employee



Brittany Laughlin

Employee



Charlie O'Donnell

Employee



Fred Wilson

Co-Founder



Gary Chou

Employee



Gillian Munson

Partner



Jennifer Soffen

Employee



John Buttrick

Partner



Josh Stylman

Investor



Nick Grossman

Partner



Peter Hershberg

Investor



Rebecca Kaden

Partner



Seth Goldstein

Investor



Further reading

Title
Author
Link
Type
Date

Union Square Ventures secures $429M across two new funds

Kate Clark

Web

January 2, 2019

Documentaries, videos and podcasts

Title
Date
Link

Techonomy NYC: A Conversation with Fred Wilson - from Techonomy NYC

2017

Companies

Company
CEO
Location
Products/Services









References