Touchcast 55m Accenture Ventureslundentechcrunch

Touchcast 55m Accenture Ventures Lunden TechCrunch is a venture capital fund that focuses on investments in early-stage technology, media, and consumer companies. As the name suggests, it is a joint venture between the global consulting firm, Accenture and the venture capital firm, Lunden TechCrunch. The fund was launched in January 2019 and is being managed by the Accenture Ventures team in New York. The fund is targeting pre-seed and seed investments, with a sweet spot of $250K to $750K per round.

The Touchcast and Accenture Ventures team seeks to identify promising technology, startups and entrepreneurs for capital investment. The team is looking for companies with ideas, products and services that can help create meaningful business value. The fund is taking a long-term approach to investments by targeting companies and ideas that will enable Accenture to continue to deliver the best in class consulting services to their clients and partners.

What Sets them Apart

Touchcast and Accenture Ventures Lunden TechCrunch are looking to stand out from the competition by bringing a unique combination of knowledge, experience, and network to the table. Accenture is one of the largest and most successful global consulting firms, and they are leveraging their extensive experience and expertise in the technology, media and consumer space to provide insight and support to their investments. This will allow them to offer strategic guidance to their portfolio companies.

Additionally, Touchcast and Accenture Ventures have a sizable network of contacts across the venture capital, tech and consumer industries, which affords them access to both financial and strategic resources. This provides Touchcast and Accenture Ventures with a distinct advantage in identifying and closing high-growth investments.

Substantial Investment

The fund size for Touchcast and Accenture Ventures is currently set at $550M and is looking to invest in up to 80 companies over the course of the next few years. The fund has the capability to provide up to $50M in capital to qualifying businesses and is targeting a range of industries, including healthcare, content and entertainment, education, IoT, FinTech, AR/VR, and ecommerce.

Investment Strategy

Touchcast and Accenture Ventures have identified five core areas for investments: Healthcare, Content & Entertainment, Education, IoT, and FinTech. The team has identified these industries as the ones with the greatest potential for long-term growth, and where the fund can offer value-added services such as strategic support and guidance.

The fund is targeting pre-seed and seed investment rounds, but is open to lead investments on the later stage. It is also open to investing in non-traditional companies, such as those with an innovative business model or a disruptive technology solution.

Unique Philosophies and Objectives

Touchcast and Accenture Ventures are looking to not only provide capital to promising businesses, but also give them access to its network of experienced advisors, mentors and business professionals. This is a significant part of their investment strategy and they believe that having access to this kind of expertise is integral to the long-term success of any business.

In addition, the fund has a strong focus on diversity, equity and inclusion. As such, they are actively seeking out and investing in companies that are founded and led by underrepresented founders. They are looking for entrepreneurs and businesses that are creating unique solutions to difficult market problems, and are committed to finding, cultivating and investing in the best talent around the world.

Conclusion

The launch of Touchcast and Accenture Ventures is a testament to the power of combining a world-class consulting firm with one of the most successful venture capital firms in the industry. With their focus on early-stage technologies, their access to the vast networks of both Accenture and Lunden TechCrunch, and their commitment to diversity, equity and inclusion, the fund is well-positioned to make a significant impact in the technology and venture capital space.

Related FAQs

  1. What is Touchcast and Accenture Ventures?

Touchcast and Accenture Ventures is a venture capital fund that focuses on investments in early-stage technology, media, and consumer companies. It is a joint venture between the global consulting firm, Accenture and the venture capital firm, Lunden TechCrunch. 

  1. How much money has been invested?

The fund size for Touchcast and Accenture Ventures is currently set at $550M.

  1. What industries will be targeted?

The fund is targeting a range of industries, including healthcare, content and entertainment, education, IoT, FinTech, AR/VR, and ecommerce. 

  1. What is touchcast 55m series ventureslundentechcrunch?

Touchcast 55m Accenture Ventureslundentechcrunch is a venture capital fund that focuses on investments in early-stage technology, media, and consumer companies. It is a joint venture between the global consulting firm, Accenture and the venture capital firm, Lunden TechCrunch.

  1. What is touchcast 55m series accenture?

Touchcast 55m Accenture Ventures is a venture capital fund that focuses on investments in early-stage technology, media and consumer companies. It is a joint venture between the global consulting firm, Accenture and the venture capital firm, Lunden TechCrunch.