SEVA Closes $160 Million Fund II To Invest In Founder-Led Technology Companies

SEVA is a Brooklyn-based growth equity firm focused on minority investments in fast-growing, profitable or near break-even founder-led companies across internet, software, data, marketplaces, and technology-enabled services. Founded in 2023 by Managing Partner Shalin Mehta, the firm closed its second fund, SEVA II, with $160 million in capital commitments, exceeding its $125 million target after being multiple-times oversubscribed in under one month. FOUNDER: Shalin Mehta AMOUNT: $160,000,000 HQ: Brooklyn, New York #VentureCapital #SEVA #ShalinMehta #TradedVC