Sequoia Capital raises hefty $4 Bn kitty; settles half into Growth Fund

sequoia

Known for investing and supporting startups, US-based Sequoia Capital has raised $4 billion in funding to further utilize it in various funds. According to SEC filings, it includes $2 billion for its second growth fund, the size of which had previously not been announced.

The firm specializes in incubation, seed stage, startup stage, early stage, and growth stage investments in private companies.

Besides its growth fund, a filing for Sequoia’s China Growth Fund IV, which was launched in 2016 revealed that the firm had raised $900 million to invest in startups in that market. Another filing for Sequoia Capital India IV, a fund that’s been around since 2014, showed that the firm had raised about $700 million for that market.

Also among the filings was Sequoia’s fourteenth U.S. fund, which saw its first filing drop back in 2012. A followup filing in 2013 unveiled that the amount raised totaled $475 million. The latest filing shows that it hasn’t grown since then, although the fund is still not closed.

Sequoia Capital has been reported to invested in more than 250 companies since its inception, including Apple, Google, Oracle, PayPal, Stripe, YouTube, Instagram, Yahoo! and WhatsApp. It now controls $1.4 trillion of the combined stock market value. The company invests in both public and private companies. In last ten years, The fund has invested some $2 billion in India.

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