The firm makes 15 deals a year in seed investing with an average check size of $500,000. From the new funds, WndrCo has already invested in three companies, including Writer, a generative AI platform for businesses, and Alembic, a tool for CMOs to understand ROI on brand spend. The firm is actively seeking new technology that can solve previously unsolvable problems and is particularly interested in artificial intelligence.
Key takeaways:
- WndrCo, the technology investment firm started by Sujay Jaswa and Jeffrey Katzenberg, has raised its first venture capital fund, securing over $450 million in capital commitments.
- The company, which manages $1.5 billion in assets, uses different strategies including Build, Venture and Seed to invest in tech companies and startups.
- WndrCo's venture portfolio includes companies like 1Password, Airtable, Databricks, Deel and Figma, and it plans to make 15 deals a year in seed investing with an average check size of $500,000.
- From the new funds, WndrCo has already invested in three companies, including Writer, a generative AI platform for businesses, and Alembic, a tool for chief marketing officers to understand ROI on brand spend.