GoalVest Venture Growth Fund II announces the first close of $50m fund

Team S · 2025-08-22T13:43:28.000Z

GoalVest Venture Capital, a female-founded division of GoalVest Advisory, has announced the first close of GoalVest Venture Growth Fund II, which is targeting a $50 million raise. Approximately 60 Limited Partners (LPs) are participating in this initial close. This fundraising milestone follows the good performance of Fund I, which celebrated the IPO of CoreWeave, a leading AI infrastructure company, in late March 2025. Since its IPO, CoreWeave’s value has increased approximately 2.5 times. Fund I also boasts a net IRR of 40% since its inception in April 2022, significantly outperforming the Forge Private Market Index (FPMI), which declined by about 30% during the same period. GoalVest launched its growth-stage venture platform in response to changing market dynamics in 2020-2021. The firm has reimagined venture capital through several key strategies: Multi-Channel Deal Sourcing: Combining secondary markets with primary funding rounds to access a broader range of companies. Fundamentals First Philosophy: Focusing on fundamental analysis and profitability rather than hype. They view themselves as "stock pickers". Multi-Sector Diversification: Investing across various sectors, including Consumer and Industrials, to mitigate risk. LP-Friendly Structure: Providing shorter fund cycles, faster distributions, lower fees, and more co-investment opportunities.

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GoalVest Venture Growth Fund II announces the first close of $50m fund | Newnex