Union Square Ventures’ 2019 Core Fund and 2019 Opportunity Fund’s $450 Million Fundraising


Gunderson Dettmer advised Union Square Ventures on the deal

Union Square Ventures has raised $200 million in capital commitments for its 2019 Core Fund and $250 million for its 2019 Opportunity Fund.

The funds are the firm’s sixth Core Fund and third Opportunity Fund since launching in 2003; both are larger than the firm’s previous funds which came in at $175 million.

Union Square Ventures is a private equity and venture capital firm specializing in early stage, growth capital, late stage, and startup financing.

The Gunderson Dettmer deal team was led by Brian Hutchings (Picture) and included partners Charles Glass and Steven Franklin and associates Jessie Chen, Peter Dupont, Jeff Liu and Andrew Watiker.

Involved fees earner: Jessie Chen – Gunderson Dettmer; Peter Dupont – Gunderson Dettmer; Steven Franklin – Gunderson Dettmer; Charles Glass Jr. – Gunderson Dettmer; Brian Hutchings – Gunderson Dettmer; Jeff Liu – Gunderson Dettmer; Andrew Watiker – Gunderson Dettmer;

Law Firms: Gunderson Dettmer;

Clients: Union Square Ventures Inc.;