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Founded by Matt Clifford and Alice Bentinck a decade ago, Entrepreneur First now employs more than 120 around the world to help find and support the next generation of tech founders.
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The company has raised its largest funding round to date, of $158m, from a large group of successful founders turned investors including Patrick and John Collison, Reid Hoffman, Taavet Hinrikus and Matt Mullenweg.
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EF will target a direct investment of $100m over the next three years in hundreds of entrepreneurs, and will continue building out its talent product suite. This comes against an impressive backdrop: the aggregate value of companies created through EF now exceeds $10bn.
Entrepreneur First (EF)a scaleup investor in early stage founder talent, has raised a $158m Series C funding round from a group of veteran technology founders, including Patrick and John Collison, Reid Hoffman, Taavet Hinrikus and Matt Mullenweg.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220628005653/en/
Entrepreneur First co-founders Alice Bentinck and Matt Clifford (Photo: Business Wire)
Bucking the trend of mounting layoffs and diminishing venture capital volumes across the startup world, owing to fears of a looming recession, the host of successful entrepreneurs and founders are backing EF to unlock opportunities for a diverse set …
Full story available on Benzinga.com
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