Announcing Fund IV
Tim Chen has quietly become of one the most sought-after solo investors | TechCrunch
Really excited to launch our fund 4!
Being a solo GP since 2019 (with a 1m fund 1!) when I didn't even really understand much about the industry, it's really filled with gratitude that Essence VC can make it this far is with the support of many of the founders, VC friends and LPs that we are able to partner with.
We've been also focusing on infrastructure companies since day 1 of our funds, working with so many brilliant engineers when the idea is very rough and according to our VC friends perform "magic / surgery" that changes the directions / ideas of the companies we work with a lot. Our infra focus has now since expanded from dev tools to now investing in infra companies in both different horizontal and vertical spaces, where the product becomes infrastructure to enable new set of possibilities / builders on top.
Again cannot really do this job at all without so many of our friends, and also Naomi Walker-Garrett that I was fortunate to hire to work with as well.
We're designed to be collaborative and intentionally kept the fund size small to be able to continue to do so, and excited to work with many more founders that are looking to build generational infrastructure companies to come!