Collide Capital $95M fund
Collide Capital closed a $95 million second fund targeting fintech and future‑of‑work startups, a sign that specialist venture capital is still flowing into sectors adjacent to enterprise data and financial infrastructure. The fund’s focus suggests continued capital and hiring momentum in fintech and workplace‑software startups in NYC and beyond (techcrunch.com).
A Brooklyn venture firm that barely existed five years ago just closed a $95 million second fund, even after two years when many venture firms struggled to raise fresh money. Collide Capital said Fund II was oversubscribed and brings the firm to more than $170 million under management. (techcrunch.com) (morningstar.com) Collide was founded in 2021 by Brian Hollins and Aaron Samuels, and its new fund will keep backing early-stage startups in financial technology, supply chain software, and workplace tools. Those are the kinds of companies that sell the plumbing for how businesses move money, track goods, and manage employees. (techcrunch.com) (finance.yahoo.com) The size jump is the first clue to what happened here. Collide’s first main fund closed at $66 million in 2022, and the new one lands at $95 million, which means the firm convinced investors to write bigger checks in a harder market. (techcrunch.com) (analyticsinsight.net) That harder market is real. PitchBook said United States venture capital fundraising fell to $76.1 billion in 2024, the lowest annual total since 2019, and the number of funds closed dropped to 508, the fewest in a decade. (pitchbook.com 1) (pitchbook.com 2) So a specialist fund getting done in April 2026 says something specific: limited partners still want managers with a narrow map and a clear customer. Collide is not trying to fund every kind of startup; it is staying in sectors where big employers, banks, and logistics groups already spend billions every year. (techcrunch.com) (morningstar.com) Collide says it has backed more than 75 companies so far, and it plans to use Fund II over roughly three and a half years. Reports on the raise say the firm expects to invest in at least 30 more companies, with initial checks of about $1 million to $3 million. (techcrunch.com) (analyticsinsight.net) The geography matters too. Collide is based in Brooklyn, and New York has become one of the country’s deepest pools for financial technology because banks, insurers, asset managers, and large corporate buyers are all packed into one metro area. (finance.yahoo.com) (partnershipfundnyc.org) The founders also built the firm around access, not just capital. Collide’s announcement said it pairs startup investing with programs that connect founders to Fortune 500 companies and students to venture capital careers through its Collide Campus initiative. (morningstar.com) (finance.yahoo.com) That detail helps explain why this fund is bigger than a single fundraising headline. In a market where generalist venture money has been tighter, Collide just raised fresh cash to keep betting that the next wave of startup demand will come from the unglamorous software inside payroll, payments, logistics, and office workflows. (techcrunch.com) (pymnts.com)
