Gilroy, former Coatue fintech head, and angel investor Rajaram launch VC firm

Quick Summary:

Michael Gilroy, a former head of fintech investments at Coatue, and Gokul Rajaram, a longtime tech executive and prolific angel investor, are forming a yet-to-be-named venture firm and plan to begin fundraising toward a $400 million to $500 million debut fund early next year, Bloomberg reported.

At Coatue, he was the lead partner in investments in Chainlysis, Instacart, and Root Insurance, according to PitchBook data.

The firm will invest in US-based early-stage fintech and software startups.

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Article Details

Author / Journalist: Marina Temkin

Category: Technology

Markets: United States

Topics: Angel Investor Coatue Management Venture Fundraising Debut fund

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 23:17:45 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 190 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23772407

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