Collide Capital raises $95 million fund to invest in fintech and future-of-work startups

Collide Capital, an early-stage venture firm founded by Brian Hollins and Aaron Samuels, has closed its second fund at $95 million. The firm focuses on startups in fintech, supply chain, and the future of work.

Founded in 2021, the firm has backed 75 companies so far. It previously raised a $66 million debut fund in 2022. According to Hollins, it took around 13 months to close the new fund. The firm plans to deploy this capital over the next three to four years.

Investor base and investment strategy

The second fund includes participation from institutional investors such as University of California Regents, Accolade Partners, Fairview Capital, Goldman Sachs, and JPMorgan.

The firm typically invests between $1 million and $3 million per deal. It aims to support at least 30 companies through this fund. So far, it has already invested in five startups. Its existing portfolio includes companies such as Culina Health and Helios.

Hollins noted that the firm is focused on platforms that improve automation, enable real-time collaboration, and support faster decision-making using data.

Focus on talent development through Collide Campus

In addition to investing, the firm continues to expand its Collide Campus initiative. Launched in 2022, the program aims to train students in venture capital and entrepreneurship.

The undergraduate program is currently active across more than 20 campuses, including Harvard University and Johns Hopkins University. It also runs a graduate fellowship that allows students to work closely with the investment team.

According to Samuels, over 50 students have completed the program. Many participants have gone on to roles at firms such as General Catalyst, as well as within Collide Capital. The program also helps the firm identify potential talent and investment opportunities.