US-based venture capital firm Underscore VC closed its latest fund at approximately $117m yesterday, securing healthcare provider Boston Children’s Hospital as a limited partner.
The fund’s LPs also include Greenspring Associates and various family offices, according to TechCrunch. The fund was raised after the existing LPs for Underscore’s first fund approached the firm about a follow-on vehicle.
Apart from providing capital, Underscore VC has also created a network of entrepreneurs, executives and experts called Core Community, through which it pairs…