Union Square Ventures

Venture capital firm

Generalist venture partnership based in New York investing in large markets transformed by technology, focusing on network effects and open platforms.

At a glance

Union Square Ventures appears in 4 funding rounds tracked by ValueAddVC since 2026. Its most frequent sector in these rounds is AI & Infrastructure, and its most recent tracked deal was Tolan's $30M round (Oct 19, 2026). It co-invests most often with Menlo Ventures. ValueAddVC also tracks 15 funds managed by Union Square Ventures.

Strategy

Stages
SeedSeries A
Sectors
FintechMarketplaceDeveloper ToolsEducationHealthcareWeb3Climate
Geographies
USANew York, New York, USA
Check size
$1M-$25M

Recent changes

  1. Oct 19, 2026Invested in Tolan (venture, $30M) TechCrunch
  2. Oct 8, 2026Union Square Ventures Raises $900M, Cuts To Four Partners Pulse story
  3. Oct 7, 2026Invested in Nous Research (Series B, $90M) TechCrunch
  4. Sep 29, 2026Invested in Efficient Computer (Series B, $97M) SiliconANGLE
  5. Sep 5, 2026Sectors updated: Fintech, Marketplace, Developer Tools, Education, Healthcare, Web3, Climate usv.com
Earlier changes (15)
  1. Sep 5, 2026Stages updated: Seed, Series A usv.com
  2. Jul 16, 2026New fund: USV 2026 (target $500M) SEC EDGAR Form D
  3. Jun 3, 2026Invested in Suno (Series D, $400M+) Music Business Worldwide
  4. Jun 28, 2024New fund: USV 2024 (target $275M) SEC EDGAR Form D
  5. Jan 3, 2023New fund: Union Square Ventures Climate Fund ($200M) TechCrunch
  6. Mar 31, 2022New fund: USV Opportunity 2022 (target $350M) SEC EDGAR Form D
  7. Mar 31, 2022New fund: USV 2022 (target $275M) SEC EDGAR Form D
  8. Jan 1, 2022New fund: Union Square Ventures Climate Fund II ($200M) Value Add VC funds tracker
  9. Jan 1, 2021New fund: Union Square Ventures Climate Fund I ($162M) Value Add VC funds tracker
  10. Dec 31, 2020New fund: USV 2021 ($233.585M) SEC EDGAR Form D
  11. Jan 1, 2019New fund: Union Square Ventures Fund V ($190M) Value Add VC funds tracker
  12. Dec 28, 2018New fund: USV Opportunity 2019 ($238.21875M) SEC EDGAR Form D
  13. Dec 28, 2018New fund: USV 2019 ($190.575M) SEC EDGAR Form D
  14. Mar 17, 2016New fund: USV 2016 ($166.8M) SEC EDGAR Form D
  15. Jan 1, 2016New fund: Union Square Ventures Fund IV Value Add VC funds tracker

Funds

15
FundVintageSizeStrategySource
USV Investors 20262026$4.095MSide vehicleSide vehicle (parallel, feeder, affiliate or SPV) — not the flagship close
As of Aug 31, 2026SEC EDGAR Form D
USV 20262026target $500MOther
As of Jul 16, 2026SEC EDGAR Form D
USV 20242024target $275MFlagship
As of Jun 28, 2024SEC EDGAR Form D
Union Square Ventures Climate Fund2023$200MClimate
As of Jan 3, 2023TechCrunch
USV 20222022$625MFlagship
As of Apr 29, 2022SEC EDGAR Form D
Show 10 earlier funds
FundVintageSizeStrategySource
USV Opportunity 20222022target $350MOpportunity
As of Mar 31, 2022SEC EDGAR Form D
Union Square Ventures Climate Fund II2022$200MClimate
As of 2022Value Add VC funds tracker
Union Square Ventures Climate Fund I2021$162MClimate
As of 2021Value Add VC funds tracker
USV 20212020$233.585MFlagship
As of Dec 31, 2020SEC EDGAR Form D
Union Square Ventures Fund V2019$190MFlagship
As of 2019Value Add VC funds tracker
USV 20192018$190.575MFlagship
As of Dec 28, 2018SEC EDGAR Form D
USV Opportunity 20192018$238.21875MOpportunity
As of Dec 28, 2018SEC EDGAR Form D
USV 20162016$166.8MFlagship
As of Mar 17, 2016SEC EDGAR Form D
Union Square Ventures Fund IV2016size disputedFlagship
As of 2016Value Add VC funds tracker
Union Square Ventures Fund III2011$200MFlagship
As of 2011Value Add VC funds tracker

Portfolio

16 total

Recent Investment Activity

4

Track record: led 0 and participated in 4 of 4 tracked venture rounds · 4 in the last 12 months

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 19, 2026TolanventureParticipated$30M$268M (est., PitchBook)
Union Square VenturesunverifiedKhosla VenturesunverifiedHomebrewunverified
TechCrunch
Oct 7, 2026Nous ResearchSeries BParticipated$90M$1.5B
Robot VenturesLeadunverifiedNvidiaunverifiedUnion Square VenturesunverifiedMenlo VenturesunverifiedSamsungunverified1789 Capitalunverified
TechCrunch
Sep 29, 2026Efficient ComputerSeries BParticipated$97M$650MPulse story
Jun 3, 2026SunoSeries DParticipated$400M+$5.4BMusic Business Worldwide

Sector / Stage Activity

By sector (portfolio)
Developer tools
3 · 19%
Fintech
2 · 13%
Crypto
2 · 13%
Battery tech
1 · 6%
Semiconductors
1 · 6%
Robotics
1 · 6%
Enterprise SaaS
1 · 6%
AI infra
1 · 6%
Climate tech
1 · 6%
Consumer AI
1 · 6%
By stage (tracked rounds)
Series B
2 · 50%
venture
1 · 25%
Series D
1 · 25%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Value Add Research

Latest Pulse

  1. Tolan Raises $30M For Its AI Companion AppTolan raised $30 million, doubling its total funding, for an AI companion app with over 250,000 active users who logged 70 million conversations in the past year.→
  2. Consonance Capital Closes $1.35B Healthcare Fund IIIConsonance Capital Partners closed its third healthcare-focused private equity fund at a $1.35 billion hard cap after less than four months in market.→
  3. Union Square Ventures Raises $900M, Cuts To Four PartnersUnion Square Ventures raised $900 million across a new early-stage fund and opportunity fund while reducing its active general partnership to four people.→
  4. Spectrum Equity Closes Its Largest-Ever Fund At $2.5BSpectrum Equity closed Fund XI at $2.5 billion in an oversubscribed single close, its largest fund since the growth-equity firm's founding.→
  5. Nous Research Confirms $1.5B Valuation, Launches HermesNous Research confirmed it closed a $90 million Series B at a $1.5 billion valuation, settling what was reported in July as talks, and launched Hermes for Businesses to push into enterprise AI agents.→
  6. Efficient Computer Raises $97M At $650M ValuationEfficient Computer closed a $97 million round at a $650 million valuation for its energy-efficient dataflow chips, which are already shipping to battery-powered robots and drones.→
  7. Robotics Startup Generalist Hits $3B ValuationGeneralist, a two-year-old robot foundation-model startup founded by ex-Google DeepMind researchers, is raising a $200 million extension led by 8VC at a $3 billion valuation, 50% above its $2 billion mark from June.→
  8. Fomo Raises $75M Series B for Consumer Crypto TradingConsumer crypto trading app Fomo raised a $75 million Series B led by Index Ventures at a $550 million valuation, adding equities and prediction markets after its first year saw $4 billion in trading volume.→
  9. Greylock Caps New Fund at $1.5B by ChoiceGreylock capped its newest fund at $1.5 billion despite being able to raise more, a deliberate bet that fund-size discipline protects returns better than scale in the current market.→

Union Square Ventures FAQ

What is Union Square Ventures' latest fund?

Union Square Ventures Climate Fund, announced at $200M (As of Jan 3, 2023; TechCrunch).

How large are Union Square Ventures' funds?

Union Square Ventures funds Value Add tracks include Union Square Ventures Climate Fund ($200M, 2023); USV 2022 ($625M, 2022); Union Square Ventures Climate Fund II ($200M, 2022); Union Square Ventures Climate Fund I ($162M, 2021), out of 15 Union Square Ventures funds tracked in total.

What companies has Union Square Ventures invested in?

Union Square Ventures' portfolio includes Tolan, Nous Research, Efficient Computer, Bolt, Anthro Energy, Reservoir, and 10 more tracked companies.

Who does Union Square Ventures co-invest with most?

In the rounds Value Add tracks, Union Square Ventures most often invests alongside SV Angel (3 shared deals), Winklevoss Capital (3 shared deals), Alkeon Capital (2 shared deals), Bezos Expeditions (2 shared deals), Collaborative Fund (2 shared deals).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data · Suggest a correction