Angel Investor and Coatue Management Leader Unite to Launch New VC Fund
Friday, 22 November 2024, 23:17
Angel Investor and Fintech Leader Join Forces
Michael Gilroy, known for his role as the head of fintech investments at Coatue, has teamed up with Gokul Rajaram, a veteran tech executive and seasoned angel investor, to form a new venture capital firm. This collaboration aims to raise a debut fund estimated between $400 million to $500 million.
Investment Focus
The firm plans to zero in on early-stage fintech companies in the U.S., marking a strategic venture into a thriving sector.
- Fundraising Timeline: Initial fundraising efforts are expected to commence early next year.
- Target Sector: Focus will be on early-stage U.S. fintech investments.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.