United States: Calibrate Ventures closes second fund at $ 97 million
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San Francisco – December 29, 2021 – Cooley advised Calibrate Ventures, a venture capital firm investing in early-income automation and artificial intelligence technology companies, on closing its second fund at $ 97 million. Partner Jordan Silber led the Cooley team advising Calibrate Ventures.
âThe raising of a second fund is a testament to the visionary founders Calibrate has supported since we founded the company in 2017,â said Jason Schoettler, Managing Partner of Calibrate Ventures, in a press release. “Every day, these entrepreneurs are finding new ways to deploy AI to improve the way we work, live and communicate.”
The new fund will build on the firm’s strong track record of investing in early stage AI and automation startups rapidly transforming industries such as education, healthcare, logistics, law, financial services, manufacturing and transportation.
Calibrate invests in visionary founders leveraging advanced automation to unleash human and economic potential. Whether it’s AI software or a robot, Calibrate defines automation as the application of technology to a task, process, or workflow to make it safer, cheaper. , faster, more reliable or more durable. The company invests early in start-up or Series A companies, then partners with founders throughout their growth journey providing them with practical advice for their go-to-market, marketing and communications strategies, business development and sales.
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