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903 Coatue Raises $331 Million for Early-Stage Fund, 34% Below Target

The Information
Kate Clark @ The Information · 07/31/2023 14:26 EDT

Coatue Raises $331 Million for Early-Stage Fund, 34% Below Target

Coatue Management has raised $331 million for its third fund focused on early-stage startups, according to a financial filing, a third less than its target and a previous early-stage fund. The smaller than anticipated total shows how the firms that raised huge funds during the pandemic investing boom are falling short of their fundraising goals, taking longer to reach them or choosing to raise smaller funds as valuations for private tech companies sink.

The New York hedge fund and venture capital firm, whi

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