- GSV Ventures, a Chicago, IL-based woman-owned multi-stage venture capital firm, closed its second fund, GSV Ventures Fund II, with equity commitments totaling $180m
- GSV Fund II focused on high impact EdTech businesses and will invest in Seed, Series A and later stage growth opportunities
- The fund has already begun funding innovative companies including investments in Class Technologies, Inc., Guild Education, Outlier, Photomath and Valenture Institute
- It will invested by a team of 10 investment professionals based in San Francisco, Chicago, New York and Paris
- GSV raised its first venture fund in 2016 with limited partner commitments of $97m, investing in a number of EdTech companies
- The firm’s portfolio companies collectively serve more than 400 million learners