Press Release

PruVen Capital Closes Oversubscribed $378.5 Million Fund II

September 3, 2024

Palo Alto – September 3, 2024 – Cooley advised PruVen Capital, an independent venture capital firm whose investors are exclusively global leaders in financial services and insurance, on the close of its oversubscribed $378.5 million second fund. Proceeds from the fund will be used to invest in financial services and enterprise-focused startups.

Lawyers John Clendenin, Hongru Sun, Paul Roberts, Stacey Song, Christopher Kimball, Stephanie Li and Dillon Martinson led the Cooley team advising PruVen.

Cooley previously advised PruVen Capital on the close of its first fund.

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