Boston, MA·Telecom, Business Services·Last fund filed September 2023Website
Funds on file
3
Partners named
6
4 on a current fund
Recent board seats
2
last 24 months
Capital raised
$208M
across filed funds
What has Underscore.VC raised?
3 vehicles
Vehicle
Filed
Target
Sold to date
Investors
Underscore.VC Fund III
September 2023
$58M
$58M
85
Underscore.VC Fund II Extension
March 2022
$18M
$18M
25
Underscore.VC Fund II
May 2018
$140M
$132M
31
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
Who at Underscore.VC can lead a round?
6 named
6 partners are named across this firm’s filings, 4 of them on a fund it is deploying now.
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Cybersecurity1 · 5%
E-commerce & marketplaces1 · 5%
HR & future of work1 · 5%
Logistics & supply chain1 · 5%
Medical devices1 · 5%
Robotics & hardware1 · 5%
Sales & marketing tech1 · 5%
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Underscore.VC’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
A shared board seat: a company where filings name a Underscore.VC partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.
