Announcing Abridge
White walls. You’re sitting on the hospital bed with that paper crinkling under you every time you shift around. It’s harder to focus on what the doctor is saying. The doctor just said the words “blood thinners” and your thoughts [...] Read more
Algorand Launch
Today marks a big milestone for the Algorand Core Team and Algorand Foundation. They conducted the first on-chain Algorand auction and it came off without a hitch. It took a lot to get here and so: huge congratulations to everyone involved! Among other things this [...] Read more
goTenna Series C
We are excited that Founders Fund has led a Series C financing for goTenna. It is a recognition of the tremendous progress the company has made in serving the communication needs of first responders and other professionals. The goTenna Prooffering works with mobile phones [...] Read more
Why USV is Joining the Libra Association
A new blockchain & cryptocurrency project, Libra, was announced today. Libra has been incubated by Facebook. USV will be one of the founding members of the governing body, the Libra Association. Libra is a stable, fiat-backed cryptocurrency that will launch inside [...] Read more
Helium
One of the pillars of USV’s investment thesis 3.0 is “broadening access to capital”, and we often get asked what we mean by that. While “capital” includes financial capital, we have always meant it more broadly, to include human capital, technology infrastructure [...] Read more
Simulmedia
Those of you who have followed our history may remember that it was a shared angel investment in Dave Morgan’s pioneering Internet advertising company, TACODA, that led to the formation of Union Square Ventures, so we are doubly pleased to [...] Read more
Welcoming Outschool to USV
In the last 25 years, the growth and increased convenience of commercial internet has fundamentally changed how we live most aspects of our lives. It has created new ways for us to connect and transact, and it has turned massive [...] Read more
Sofar
At a Sofar, you are sitting on the floor in a room full of mostly strangers, listening to artists you’ve never heard of, perhaps in a city you’ve never been to before, and yet it’s possible to feel comfortable and content. [...] Read more
Carta Act III
In October 2014 we were fortunate to lead the Series A financing in a company then called eshares. At that point the company was offering cap table management services for private companies in the cloud, at the time a novel idea. About [...] Read more