USV raised $900M, including a $500M early-stage fund, up from $275M in 2024, cuts its general partnership to four investors, and aims to lead more AI rounds (Bloomberg)

Union Square Ventures (USV) has successfully raised $900M, a significant increase from its previous $275M in 2024. This includes a dedicated $500M early-stage fund. The New York City-based venture firm is also restructuring its general partnership, reducing it to four investors, as it aims to lead more funding rounds in the artificial intelligence sector. This strategic move indicates USV's intent to enhance its competitiveness within the rapidly evolving AI landscape.

This report details USV's fund size increase from $275M to $900M, a larger jump than other recent VC fund announcements.