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Union Square Ventures collects $429M across 2 funds

Union Square Ventures LLC raised approximately $428.8 million across two investment vehicles.

USV 2019 LP obtained about $190.6 million from 113 investors, and USV Opportunity 2019 LP collected approximately $238.2 million from 116 backers.

The New York City-based venture capital firm, which primarily invests in companies focused on internet services, also launched the USV Opportunity Investors 2019 LP fund with a fundraising goal of about $11.3 million.