NEW YORK, NY – August 18, 2024 – Sacral Capital LLC, a trailblazing women-led private equity and venture capital firm, today announced its preparing to launch its inaugural $110 million fund, Sacral Fund I. This landmark initiative aims to revolutionize the investment landscape by directing capital toward diversity-led ventures focused on healing broken systems across various high-growth industries.
Sacral Fund I has already secured $373,000 from friends and family investors, with an additional $527,000 remaining in this initial round. The fund is projected to reach its $110 million target by Q2 2025, setting the stage for the subsequent launch of a $2 billion Sacral Fund II once 50% of the initial capital call has been deployed.
Brandi Kolosky, Founder and Managing Partner of Sacral Capital & GP of Sacral Fund I, emphasized the fund’s unique approach: “With Sacral Fund I, we’re not just investing in companies; we’re investing in a vision for systemic change. Our focus on diversity-led ventures and sectors ripe for transformation allows us to create value while addressing critical societal challenges.”
The fund’s strategic focus spans a diverse range of industries, including data centers, bitcoin mining, wasted energy solutions, low-orbit fiber optics manufacturing, mobility, private jets, MROs, organic agriculture, organic food and beverage, AI, marketplaces, tech, SaaS, and precision farming technology. Term sheets with committed allocations have already been signed across these sectors, underscoring the fund’s rapid momentum.
In a move to strengthen its operational capabilities, Sacral Capital has promoted Autumn Bennett to Operating Partner, as she also became Sacral’s first woman LP, showcasing her dedication and trust in the fund.
“Our hybrid approach, blending venture capital and private equity strategies, positions us uniquely in the market, while solidifying watching Brandi curate this and work day in and out, collectively secures my belief as both a team member and LP” said Ms. Bennett. “We’re not just providing capital; we’re offering strategic guidance, operational expertise, and a network of multi-exit serial entrepreneurs to drive success.”
Sacral Fund I distinguishes itself through its emphasis on rigorous due diligence and impact investing. By leveraging Ms. Kolosky’s 18 years of experience in growth, operations, engineering, finance, and marketing, along with her global relationships, the fund aims to set a new industry standard.
The fund is actively encouraging participation from women investors, aiming to diversify and strengthen its Pre-Limited Partner (Pre-LP) cap table. This initiative aligns with Sacral Capital’s broader mission to increase capital distribution to underrepresented groups in the investment community.
“We believe that by empowering diversity-led ventures and encouraging a more inclusive investor base, we can drive innovation, create substantial returns, and contribute to meaningful societal change,” Ms. Kolosky added.
Investors in Sacral Fund I can expect potential returns within a 1-5 year timeframe, reflecting the fund’s strategic balance between early-stage ventures and more mature companies poised for growth.
As Sacral Capital embarks on this groundbreaking journey with Sacral Fund I, it invites forward-thinking investors to join in reshaping the future of impact-driven private equity and venture capital.
For more information about Sacral Capital LLC and Sacral Fund I, please visit www.sacralcapital.com
About Sacral Capital LLC: Sacral Capital LLC is a women-led private equity and venture capital firm dedicated to investing in diversity-led ventures that aim to heal broken systems. With a focus on high-growth industries and a commitment to rigorous due diligence, Sacral Capital is setting new standards in impact investing and value creation.
