SEVA, a newly launched growth equity fund serving customer-centric technology founders, has secured $85 million in capital commitments for its debut fund, surpassing its initial $50 million target. SEVA differentiates itself as a firm positioned between private equity and venture capital, aiming to support founder-led, technology-enabled companies that do not necessarily require traditional venture capital funding but do seek strategic guidance and partnership.
SEVA, a New Growth Equity Fund, Secures $85M for Debut Fund in Four Months