Nick Grossman

Nick Grossman is a partner at Union Square Ventures, where he invests across sectors with particular interest in infrastructure-layer networks, open technologies, and the intersection of cities and technology. He previously worked in urban planning and helped build a startup incubator focused on cities and data. ([usv.com](https://www.usv.com/people/nick-grossman/?utm_source=openai))

Union Square Ventures Raises $900 Million to Lead Larger Seed and Series A Rounds

Union Square Ventures has raised $900 million across a $500 million early-stage fund and a $400 million opportunity fund, expanding its capacity as some startups require larger rounds. General partner Nick Grossman said the early-stage fund will still invest at inception but can also lead selected Series A rounds of $20 million to $30 million; the firm is not aiming to become a broad-market investor. The fundraising coincides with a transition to a four-partner core, which Grossman described as a gradual handoff rather than a change in USV’s collaborative approach.

Bloomberg TechnologyOct 8, 20263 min read