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Category: andy mcloughlin

Category: andy mcloughlin

Andy McLoughlin of Uncork Capital on the firm’s new funds, succession, and why next year could be a bloodbath (sorry, startups)

A few weeks ago, Uncork Capital shared the news that it recently closed on $400 million in capital commitments across two new funds: $200 million for a seed-stage vehicle and another $200 million for an opportunity-style fund that mostly aims to support startups that are already part of its portfolio. The funds represent twice what Uncork raised in 2019 when it last announced two new funds, and late last week, Managing Partner Andy McLoughlin told us that the firm is likely to invest 70% of that money into B2B software startups. While some of Uncork’s highest-profile wins have come from

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