Jurassic Announces Closing of Inaugural Fund

Today, we’re excited to announce a closing of our inaugural fund, Jurassic Capital Growth Fund I, with over $20 million of investor commitments.

We launched Jurassic over two years ago to fill a gap for bootstrapped software founders who have their company between $1 and $5m in annual recurring revenue. But, now in their journey to scale, they are seeking capital paired with operational expertise and guidance from seasoned software founders and executives who have been there before. These bootstrapped founders often find their approach is a poor fit for venture capital and are often too small for typical growth equity investments. This is where Jurassic comes in. 

Since we started investing in late 2019, we’ve invested in Corevist and Performance Culture. Both companies were looking for our unique blend of capital and expertise. With our long-standing experience in Southeast, we have been able to tap into our network to add talent and expertise to these already great companies. 

After testing the strategy with these companies and seeing enthusiasm for prospective companies and investors, we embarked on putting together this fund. With additional capital, we will be able to scale our own efforts and allow us to invest in 8 to 10 companies that fit our thesis in the coming years. 

As always, if you know any prospective companies for this fund that fit our profiles, please let us know. And, until then…

Onward!
Kevin and Joe