---
title: "Zeal Capital Partners Closes $82M Fund II, Triples AUM"
description: "Zeal Capital Partners closed an $82M Fund II, tripling AUM to $186M in five years to back inclusive fintech, healthcare, and future-of-work startups."
date: 2025-05-28T00:00:00.000Z
tags: ["zeal-capital-partners", "fund-close", "venture-capital", "fintech", "startup-funding"]
source: https://venturecapitaltracker.com/2026-zeal-capital-partners-82m-fund-ii
---

# Zeal Capital Partners Closes $82M Fund II, Triples AUM

> Zeal Capital Partners closed an $82M Fund II, tripling AUM to $186M in five years to back inclusive fintech, healthcare, and future-of-work startups.

**Zeal Capital Partners** closed **Zeal Fund II at $82M**, bringing AUM to **$186M** across three funds — more than tripling its assets in five years.

## Key facts

- **Firm:** Zeal Capital Partners (Washington, D.C.; founder Nasir Qadree)
- **Fund II:** $82M (May 2025); $186M total AUM
- **Strategy:** Lead/co-lead seed; $1-2.3M checks; 50% reserved for follow-ons
- **Sectors:** Fintech, healthcare, future of learning & work
- **LPs:** Citi Impact Fund, MassMutual, Wells Fargo, M&T Bank, Spelman College

## Why this matters

With ~80% of Fund I LPs re-upping, Zeal Capital Partners' "Inclusive Investing" thesis — backing underrepresented teams building wealth, health, and work infrastructure — has proven durable through a tough fundraising market.

## Sources

1. Zeal Fund II $82M close (Business Wire): https://www.businesswire.com/news/home/20250528777357/en/Zeal-Capital-Partners-Closes-%2482-Million-Zeal-Fund-II-More-Than-Tripling-Assets-Under-Management-in-Five-Years
2. Zeal Capital Partners Fund II (TechCrunch): https://techcrunch.com/2025/05/29/zeal-capital-partners-announces-close-of-82m-fund-ii/