FinTechFunding

March Capital: Closes Fund III, at $450M

  • March Capital (formerly March Capital Partners), a Santa Monica, CA-based venture growth firm, closed March Capital Fund III, at $450M
  • With support from both existing and new investors, the fund focused on supporting entrepreneurs developing innovative software and solutions in enterprise AI
  • Led by Co-Managing Partners Jamie Montgomery and Sumant Mandal, the firm has 15 investment professionals and $1B+ AUM
  • The close of Fund III follows the success of Funds I and II, with over $1 billion in realized profits through investments in breakout enterprise companies
  • The firm also announced the March Capital Foundation, formalizing the firm’s longstanding community engagement
  • The Foundation’s focus includes homelessness, community health, and inner-city youth advancement
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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