Announcing CCV FUND II.
After deploying $2M into 11 regional startups under our first fund, we are back with a renewed leadership team, extended commitment to a broader Central Coast region, and even bigger goal to deploy $5M across the hottest startups from Santa Cruz down to Ventura.
Target 10-12 Initial investments @ $200k avg. check, with 50% reserve for follow-on rounds. Goal of $5M total fund size across both committed capital + co-investments.
Increased focus on growth industries unique to the Central Coast with enhanced deal sourcing based on Fund I learnings.
Building on what has worked in SLO/SB by extending north to Santa Cruz and south to Ventura for greater access to investors, startups, and networks.
Revised fund management structure and new Fund II GP team with regional and SME focus for broader reach into new regions and industries.
CCV Fund II is still a partner-led fund that welcomes passive LP investors while providing ample opportunities for active LP involvement through local investor events, and as a co-investor, diligence participant, startup advisor.
FUND II Partner Team
Our leadership team for Fund II is comprised of returning Fund I partners and new partners primed to help us continue to saturate the SLO and Santa Barbara regions while extending south into Ventura and north into Monterey and Santa Cruz.
