Plexo Capital

About the fund

Plexo Capital II is the successor to Plexo Capital's $42.5 million debut fund. The firm targets up to $100 million for Fund II, more than double the size of Fund I, and continues its hybrid model of investing both in emerging VC funds and directly in early-stage companies around the world. Up to 65% of capital is invested in venture capital funds — typically smaller than $100 million — that emphasize investments in companies led by either a woman or person of color, with the remainder going to companies Plexo sources from those funds' portfolios. The Plexo Capital GP Network includes the next generation of franchise venture capital firms built by GPs with differentiated judgment, sourcing, and value-add, with Plexo aiming to be the LP that provides the most value beyond capital by supporting portfolio construction, thesis development, fundraising, and LP introductions. The fund's impact thesis is rooted in the view that diversity is an unrealized source of alpha — that investors from underrepresented backgrounds bring differentiated networks and deal flow that generate above-market returns at the seed stage.

Limited PartnersWoodcock Foundation