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Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.

AnnouncementAnnounced by Sidley Austin · · summarized by LexCircuit Desk

Sidley says it advised Inspired Capital on a $450 million venture fund

Sidley said it represented Inspired Capital in closing Inspired Fund IV with $450 million in committed capital. The firm said the fund will continue the manager’s early-stage strategy, backing companies from their earliest stages through Series A, with investments generally between $1 million and $15 million.

Key points

  • Sidley said the closing was announced October 20.Sidley
  • The firm said Inspired Capital backs roughly 10 companies a year.Sidley
  • Sidley said the manager has more than $1.3 billion in assets under management.Sidley
  • The firm said Shane Goudey, Mandy Kondo and Lexi Tian led its team.Sidley
Sidley · Sidley Austin LLP

The announcement

Firm