Inspired Capital has closed a $450 million Fund IV, bringing the New York venture firm’s total committed capital to more than $1.3 billion. The fund will continue Inspired’s strategy of leading pre-seed, seed, and Series A investments in technology-driven companies across sectors including AI infrastructure, healthcare, defense, fintech, robotics, and consumer technology.
Founded in 2019 by Alexa von Tobel and Penny Pritzker, Inspired Capital said its portfolio has produced 10 companies valued at $1 billion or more. Ten portfolio companies have surpassed $100 million in annual revenue, and four have exceeded $400 million in annual revenue. The firm has also recorded more than 10 exits, including Teamshares’ Nasdaq listing, MosaicML’s acquisition by Databricks, and Deeptune’s acquisition by Mercor.
The firm highlighted several investments as examples of its early-stage strategy. Inspired led the seed round for Allen Control Systems, now valued at $2.2 billion, and the Series A for ShopMy, most recently valued at $1.5 billion. It also led the Series A for Stand, which has underwritten more than $10 billion in insured property value and is valued at $1 billion.
Other portfolio examples include Dandy, Suno, Rho, BrightAI, Solace, and quantum computing company Logiqal. Inspired said Suno is now valued at $5.4 billion, while Solace has announced a $1 billion valuation. The firm is also launching a revenue practice intended to help portfolio companies scale go-to-market execution as they grow.
Inspired’s investment partnership includes Alexa von Tobel, Mark Batsiyan, Charlotte Ross, Kamran Ali, and Chris Brown. The new fund gives the firm additional capital to pursue its established early-stage strategy while providing more operating support to companies after the initial investment.
KEY QUOTES:
“Inspired was built on the belief that the world’s most ambitious founders will fundamentally change how we live and work for the better. Seven years in, we’ve seen what’s possible when bold ideas meet relentless execution. We’ve helped companies grow from their earliest days to hundreds of millions in revenue, and our ambition as a firm has only grown as we launch our revenue practice, helping our companies scale even faster.”
Alexa Von Tobel, Founder And Managing Partner Of Inspired Capital
“In a world of cookie-cutter funds and paper-mache conviction, Inspired stands out as a truly one-of-a-kind platform. The thing that is impossible to replicate is the care, passion, and support that they have for their founders. Starting a company is so unbelievably hard, you put your heart and soul into every waking moment, and you want a partner to be there for you in the exact same way, and to know that no matter how things get, they will fight for you and for every inch. It’s impossible to describe the differentiating moments, those times where things sit on a thread, it is exactly there that Inspired shines. I unreservedly strongly recommend that every founder should speak with them.”
Jeremy Gurewitz, CEO And Co-Founder Of Solace
