We are very happy to announce today the closing of our fifth fund, Foundry Venture Capital 2016, L.P. The fund is the same size as our last one: $225,000,000 in limited partner commitments. We are pleased to be working with a great group of investors.

We will continue to do exactly what we have always done: invest in seed and early-stage investment opportunities in the software and IT space that are located across the United States. We’ll also continue to pursue a strategy of Thematic Investing that has served us well over our investing careers.

We very much look forward to working with another group of great entrepreneurs and portfolio companies.

– Jason, Ryan, Seth and Brad

P.S.  For those of you keeping track this is the exact same blog post we used to announce of 2013 and 2010 funds except for this P.S.