First Ascent Ventures (FAV) was founded in 2015 and invests in early-stage, emerging, and growth-oriented enterprise software companies in the information technology sector (ICT). FAV Fund I ($100 million) is now fully invested, and FAV Fund II ($125 million) closed in August 2021. The fund focuses on innovative enterprise software leveraging cloud, AI, machine learning, and other cutting-edge technologies.
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