Postmates-Backer Uncork Capital Raises $400 Million in New Funds
- Uncork was also early to invest in Poshmark, LaunchDarkly
- Venture firm has seed stage and follow-on investment funds
From left to right: Tripp Jones, Susan Liu, Andy McLoughlin, Jeff Clavier
Photographer: Eric MilletteThis article is for subscribers only.
Early Postmates Inc.-backer Uncork Capital has raised two new funds totaling $400 million, doubling the size of its last funds.
One of the $200 million funds will be for seed-stage investing and the other will be for making follow-on investments in those companies as they grow, Managing Partner Andy McLoughlin said in an interview.