Arrowroot Capital

A* Capital Closes $450M Fund III

A* Capital, the early-stage venture firm run by Kevin Hartz and Bennet Siegel, has closed its third fund at $450 million. The generalist fund will write average checks of $3–5 million and aims to back at least 30 startups, deploying capital over the next two to three years. Publicly named limited partners include Carnegie Mellon University alongside nonprofits, foundations and endowments. A* Capital was founded in 2020 and previously raised a $315 million Fund II in 2024 and a $300 million Fund I in 2021. The firm invests across AI applications, fintech, healthcare and security and has backed companies such as Ramp and Mercor.

Fluent Commerce Selected by Fnac Darty to Modernize its Order Management and Support its Omnichannel Strategy

Fluent Commerce has been selected by Fnac Darty to enhance its order management system and support its omnichannel strategy.

Sourcepoint schließt Finanzierungsrunde in Höhe von 17 Millionen US-Dollar ab

Sourcepoint disclosed a $17 million funding round led by Arrowroot Capital, earmarked for expanding its privacy and data-ethics tools and for global growth across North America and Europe. The round followed the acquisition of Redbud and coincided with the appointment of John Sedlak as Chief Revenue Officer. The capital will also support product research and development and the hiring of additional industry experts. Sourcepoint, founded in 2015, operates offices in New York, Berlin, London, and Paris, and employs 42 people (13 in Berlin). CEO and co-founder Ben Barokas framed the investment as a way to help advertisers, publishers, and buyers better navigate data regulations and consent standards in a landscape shaped by COVID-19, the phase-out of third-party cookies, and ongoing regulatory challenges. The announcement underlines continued investor interest in privacy-centric ad tech and tools that simplify consent management and inventory valuation.