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Symphonic Capitalannounced today in a web log postthat it raised $ 13.5 million for its inaugural fund to gift in early - stage companies .
Sydney Thomaslaunched the business firm in 2022after leave Charles Hudson ’s Precursor Ventures , where she was the first hire .
Thomas said her fund will focalise on founders outside of the Bay who are building in healthcare and financial servicing . Check sizes will be around $ 250,000 . In the blog position , the business firm wrote that “ everyone should have approach to dependable health care and fiscal freedom , no matter of their airstream , grammatical gender or ethnicity , ” and that it want to partner with founders look to build a more “ just time to come . ”
“ We ’re build a residential district of diverse , values - aligned investors , founder , and ecosystem builders , ” the firm go on in its post . “ We ’re gallant to be endorse by a radical of institutional investors who partake in our loyalty to supporting founders who are consecrate to building a more equitable hereafter . ”