· investment-strategies · 1 min read
June 2025 VC Fund Close: Counterpart Ventures Closes $132M Fund III for CVC-Connected Enterprise AI
San Francisco-based Counterpart Ventures closed Fund III at $132 million on June 25, 2025, bridging 650+ corporate VCs with enterprise AI-native startups.
Counterpart Ventures closed Fund III at $132 million on June 25, 2025 — scaling a model built on connecting founders to 650+ corporate VCs.
Key facts
- Firm: Counterpart Ventures
- Date announced: June 25, 2025
- Fund size: $132 million
- Total AUM: $250M+
- Stage: Seed and Series A
- Focus: Enterprise AI-native software for legacy industries
- Founded: 2018
- GPs: Patrick Eggen, Joe Saijo
Network scale
650+ CVC relationships, 1,500+ investor connections — portfolio includes Invent.ai and Oxide.
Why this matters for NYC enterprise founders
NYC’s Fortune 500 density makes CVC-connected seed funds strategically relevant — Counterpart’s model helps enterprise AI startups in NYC access corporate design partners and strategic capital beyond traditional VC.
Sources
- Counterpart announcement: https://www.counterpart.vc/news/counterpart-ventures-fund-iii-132m
- Fortune (June 25, 2025): https://fortune.com/2025/06/25/exclusive-counterpart-ventures-closes-132-million-third-fund-to-link-cvcs-and-startups/