Union Square Ventures (USV) is a venture capital firm based in New York City, specializing in early-stage investments across various sectors and technologies. Their guiding thesis focuses on investing at the edge of large markets undergoing transformation due to technological and societal pressures.
USV has backed over 130 companies, including: Twitter, Etsy, Stripe, Coinbase, Tumblr. These investments have positioned USV as one of the top-performing venture capital firms globally.
USV is targeting $275 million for its 2024 vintage fund, aiming to invest in climate tech and AI amidst a challenging venture capital environment.
In early 2023, USV announced a $200 million climate fund, less than two years after raising its first climate-focused fund, underscoring their commitment to sustainable investments.
Target
USV primarily invests in startups during their early development phases, providing the necessary capital and support to foster growth.
Focus Areas
Diverse portfolio including companies in social media, marketplaces, developer tools, learning, health, fintech, web3 and decentralized systems, energy, and climate sectors.