Veniam’s new round of funding
Our portfolio company Veniam announced today that they had closed a significant new round of funding led by Verizon Ventures. The funding will allow Veniam to deliver on the promise of "smart cities" by connecting thousands of vehicles in public and [...] Read more
Foursquare: Building the Business
We first invested in Foursquare in 2009 when the company was just getting going because we believed that location was a native aspect of smartphones. Since then our conviction about the importance of location to the mobile experience has continued [...] Read more
Introducing Koko
Last week, Farhad Manjoo of the New York Times mused in his column that the Internet was getting meaner: “If you’ve logged on to Twitter and Facebook in the waning weeks of 2015, you’ve surely noticed that the Internet now [...] Read more
USV Thesis 2.0
Union Square Ventures has always been a “thesis” driven firm. We maintain specific principles about the internet that guide our investment decisions. While other things like stage and to a lesser extent geography, also matter, our thesis or point of [...] Read more
SimScale
We are excited to announce our investment in Munich-based SimScale. SimScale makes complex engineering simulations, such as mechanical stress and fluid flows, available to anyone in the world with a web browser. These kinds of simulations were pioneered in the [...] Read more
Quizlet
There are some investments that take years to make. They are often our best investments. Quizlet took something like five years to go from a company we got interested in to a USV investment. In March 2009, we hosted an [...] Read more