Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Allie Garfinkle

Tomasz Tunguz’s Theory Ventures has raised a $450 million second fund, filings say

(Credit: Vaughn Ridley/Sportsfile for Collision via Getty Images)

Theory Ventures has raised $450 million for its second fund, according to securities filings viewed by Fortune. 

The firm was started in 2023 by Tomasz Tunguz, a former managing director at venture capital firm Redpoint. Tunguz made his name at Redpoint with investing wins like data analytics company Looker—sold to Google-parent Alphabet for $2.6 billion in 2019—and customer service software startup Kustomer, acquired by Facebook-parent Meta in 2020 for a reported $1 billion. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.