· investment-strategies · 1 min read
Redpoint Ventures Raises $650M Fund X and $740M Growth Fund
Redpoint Ventures raised a $650M tenth early-stage fund and a $740M growth fund, holding fund sizes steady in a cautious market.
Redpoint Ventures raised a $650M tenth early-stage fund (Redpoint X) and a $740M growth fund, holding fund sizes steady even as many firms scaled back.
Key facts
- Firm: Redpoint Ventures (founded 1999, Menlo Park)
- Redpoint X: $650M early-stage fund
- Growth Fund V: $740M
- AUM: ~$4.5B
- Recent exits: HashiCorp (IBM, $6.4B), Next Insurance ($2.6B), BitGo (NYSE)
Why this matters
Maintaining fund size signals durable LP confidence. Redpoint Ventures continues to invest across stages in AI and infrastructure, with recent bets including Poolside and Cockroach Labs.
Sources
- Redpoint Ventures $650M Fund X (InforCapital): https://inforcapital.com/news/redpoint-ventures-secures-650m-for-tenth-early-stage-fund/
- Redpoint Ventures profile (Superscout): https://superscout.co/investor/redpoint