Henry Crown Single Family Office invests in Solo GP VC fund

This article was created as part of our research process for our US single family office database. The database include the most important family investment vehicles in the United States.

Nichole Wischoff has a track record in the US startup scene. She was an early employee of Blend Labs and One Finance. While Blend Labs went public, One Finance was bought by Walmart. After raising a first $5M fund as single General Partner (Solo GP), she now announced the launch of a new $20M fund. The fund will be focused on 25-30 B2B businesses from pre-seed to seed rounds. The investment focus ranges from saas, to fintech, supply chain, marketplace, infrastructure ans B2B SaaS solutions. Current portfolio companies include Nuvo, nickel, Pine or MoneyKit.

Four More Capital: Henry Crown family office as fund investor

The new Wischoff Ventures fund can count on several backers, including Bain Capital, Peter Thiel, Insight Partners, Byers Capital and Crossover. Another interesting backer is Four More Capital, the single family office of Henry Crown, who was an American entrepreneur. Crown launched the Material Service Corporation. Later the firm merged with General Dynamics. The firm is still active today in numerous verticals and has yearly revenues over $38BN. Henry Crown was also the owner of the Empire State Building until 1961. He deceased in 1990, aged 94. Crown launched the Material Service Corporation. Later the firm merged with General Dynamics. The firm is still active today in numerous verticals and has yearly revenues over $38BN. Henry Crown was also the owner of the Empire State Building until 1961. He deceased in 1990, aged 94. Four More Capital got especially active in 2022: besides the recently announced fund investment, the family office of the Crown family invested in 2022 in Altana AI, Arkestro, Platform Science and Loop.

Article Source: Techcrunch
Picture source: Thomas Habr