The firm was established by a trio of venture capital veterans: Mark Goldberg, formerly of Index Ventures; Ethan Kurzweil, who spent years at Bessemer; and Kristina Shen, previously with Andreessen Horowitz. By pooling their expertise from these major firms, the founders designed Chemistry to focus on early-stage investments, specifically targeting infrastructure, fintech, and developer tools.
In section Startups & Technology
Chemistry Ventures Targets $500 Million for Second Fund
Two years after launching with a debut $350 million pool, Chemistry Ventures is moving to scale its operations with a $500 million second fund. An SEC filing reveals the firm is already seeing significant interest, with reports indicating the vehicle is oversubscribed and nearing a final close.
Since its inception, the firm has built a portfolio that includes companies like Granola, Decagon, Persona, Serval, and Nova Intelligence. The rapid transition to a larger second fund suggests the founders’ strategy of leveraging their pedigree to secure high-growth startups is resonating with limited partners. Chemistry representatives have not provided further comment on the timeline for the final closing.
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