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Union Square Ventures (USV)

New York venture firm investing in early-stage and climate companies.

Available information varies by company and source.

Profile record updated:

Company facts

Official name
Union Square Ventures
Entity type
COMPANY
Founded
2003
Headquarters
817 Broadway, 14th Floor New York, NY 10003
Company size
10–49
Market role
Private Equity, VC & Investor
Official website
usv.com

What Union Square Ventures (USV) does

The firm operates as a venture capital manager. It raises capital from limited partners into themed funds, deploys that capital into start-ups and selected follow-on rounds, supports portfolio growth, and earns recurring management fees plus performance-based carried interest on successful investments.

Category differentiation

This is a venture capital firm, not a software vendor, agency, or media platform. It should be distinguished from portfolio companies it backs and from similarly named financial entities not operating as a VC partnership.

Strategic context

AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.

Union Square Ventures is a private venture capital firm based in New York City. It invests through relatively small, focused funds, with evidence of early-stage core funds, opportunity funds for follow-on investing, and climate-focused vehicles. Its customers are founders and management teams seeking equity capital and strategic support, while its capital base comes from limited partners allocating to its funds. The firm creates value by sourcing promising start-ups, investing early, supporting portfolio companies, and realising returns through exits or later-stage value appreciation. It makes money primarily through fund management fees and carried interest, rather than software subscriptions or media monetisation.

Company news briefing

Briefing updated:

Union Square Ventures (USV) has strengthened its position in foundational AI and decentralised infrastructure. Building on its support for Suno’s $400 million Series D and Nous Research’s $1.5 billion valuation, USV-backed robotics firm Generalist recently reached a $3 billion valuation following a $200 million funding extension. These investments, combined with Mike Mignano’s leadership in media and creator economy initiatives, reinforce USV's focus on high-growth ventures across generative music, open-source agents, and robotics foundation models.

Business model & monetisation

Primary monetisation comes from venture fund economics: annual management fees on committed or managed capital and carried interest from realised investment gains. Opportunity funds add follow-on exposure, while sector vehicles such as climate funds broaden fee-bearing assets under management and potential upside from specialised themes.

Management fees on venture funds
Service Fee
Carried interest on realised investment gains
Performance-based fund economics
Opportunity fund fees and carry
Follow-on investment vehicle economics
Climate fund fees and carry
Thematic fund economics

Products & capabilities

No products with linked sources are available in this view.

Recent recorded signals

Dates refer to the source publication. Older entries are historical context, not evidence of a new event.

No sufficiently sourced and dated signals are available for this view.

Explore company relationships

Questions about Union Square Ventures (USV)

What is Union Square Ventures (USV)?

Union Square Ventures is a New York-based venture capital firm that invests through early-stage, opportunity, and climate-focused funds.

Who uses Union Square Ventures (USV)?

Its direct users are founders and start-up teams seeking venture capital and strategic support, while limited partners commit capital to its funds.

How does Union Square Ventures (USV) make money?

It earns management fees on funds under management and carried interest when portfolio investments generate gains.

Sources & coverage

This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.

14 publicly documented primary sources and citations linked across the market graph.

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