From the Global Entrepreneurship Summit, Village Capital today announced $13.2 million in commitments to VilCap Investments, a new investment vehicle that aims to make 100 investments in 75 peer-selected companies globally over the life of the fund.
Village Capital was founded in 2009 with the goal to democratize entrepreneurship. Its core investment thesis is that entrepreneurs building businesses are the best equipped to decide which companies receive early-stage investments. Over the past five years, Village Capital has invested more than $2 million through peer review, and portfolio entrepreneurs have validated the thesis by creating 7,000 jobs and raising $50 million in follow-on capital -- and 93% of Village Capital companies are still growing and thriving.
