---
title: "June 2025 VC Fund Close: Counterpart Ventures Closes $132M Fund III for CVC-Connected Enterprise AI"
description: "San Francisco-based Counterpart Ventures closed Fund III at $132 million on June 25, 2025, bridging 650+ corporate VCs with enterprise AI-native startups."
date: 2025-06-25T00:00:00.000Z
tags: ["fund-close", "2026-vc-news", "venture-capital", "market-analysis", "startup-funding"]
source: https://venturecapitaltracker.com/nyc-vc-fund-news-2025-06-25-counterpart-ventures-132m-fund-iii
---

# 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

1. Counterpart announcement: https://www.counterpart.vc/news/counterpart-ventures-fund-iii-132m
2. Fortune (June 25, 2025): https://fortune.com/2025/06/25/exclusive-counterpart-ventures-closes-132-million-third-fund-to-link-cvcs-and-startups/