Many VC firms are struggling to attract new capital from their own backers amid a tepid IPO environment. But established, brand-name firms are still able to raise large funds. On Friday, Kleiner Perkins announced that it closed on more than $ 2 billion in fresh capital across two funds, a slight increase from the 52-year-old […]
Kleiner Perkins leads $14.4M seed round into Fizz, a credit-building debit card aimed at Gen Z college students
Carlo Kobe and Scott Smith believed so strongly in the need for a debit card product designed specifically for Gen Zers that they dropped out of Harvard and Cornel at ages 19 and 21, respectively, in 2021 to build a startup called Fizz. The pair wanted to go beyond creating a debit card for the […]
Ambience Healthcare raises $70M for its AI assistant led by OpenAI and Kleiner Perkins
Artificial intelligence has an increasing role in the world of healthcare, and startups that bring the two worlds closer are seeing significant traction with customers, and investors. In the latest development, Ambience Healthcare — has developed what it describes as an “operating system” for healthcare organizations to help clinicians complete the substantial administrative work required […]
Mamoon Hamid and Ilya Fushman of Kleiner Perkins: “More than 80%” of pitches now involve AI
Last week, at a StrictlyVC event in San Francisco, we sat down with Mamoon Hamid and Ilya Fushman, two longtime VCs whose paths first crossed as children in Frankfurt, Germany, and who were brought in to reboot the storied venture firm Kleiner Perkins roughly six years ago. They’ve seemingly accomplished their mission to burnish the […]