Lyrical Partners Announces Formation of Lytical Ventures
An Early-Stage Venture Capital Firm Focused Exclusively on Opportunities in Corporate Intelligence
NEW YORK, Sept. 26, 2018 /PRNewswire/ -- Lyrical Partners announces the launch of Lytical Ventures, an early-stage venture capital firm focused exclusively on opportunities in Corporate Intelligence, including Cybersecurity, Big Data, and Artificial Intelligence. Lytical Ventures builds on years of research and investment in Corporate Intelligence by Lytical's team. Veteran venture capitalists Lucas Nelson and Steve Berg lead Lytical's team, joining from Evolution Equity and Antecedent Ventures, respectively. Their day-to-day efforts are supported by, among others, Roselle Safran, who joins as an Entrepreneur in Residence, and by Jeremy Kroll and Tuvia Barak, who join as Venture Partners.
"Corporations are generating mind-boggling amounts of data, in excess of a billion gigabytes per day. These corporations have a responsibility to store, secure, and analyze this data. We believe helping entrepreneurs build world-class products and services to address such responsibility is an explosive growth opportunity," said Lyrical Partners Founder and Chairman Jeffrey Keswin.
Lytical launches not only with its own investment, operational, and strategic resources but also with the benefit of the resources of the Lyrical Partners platform and a soon to be announced advisory board, comprising distinguished strategic and technical advisors from among the world's leading enterprises.
"Meeting corporate intelligence demands is a paramount consideration. The Kroll family has decades of experience helping enterprises across the globe address challenges and access solutions. We are excited to partner with and invest alongside the Lytical team," said K2 Intelligence Co-Founder, CEO and Lytical Ventures Partner Jeremy Kroll.
Lytical's first fund, a $60mm fund focused on early-stage opportunities, has just held a first close, with over $20 million in commitments, anchored by Lyrical Partners.
About Lyrical Partners, LP
Lyrical Partners, L.P. is an investment management firm headquartered in NYC and founded in 2004 by Jeff Keswin. The firm and its affiliates invest in and manage over $10 billion in private equity, real estate, traditional equity, venture and hedge funds. www.lyricalpartners.com
About Lytical Ventures, LLC
Lytical Ventures, an affiliate of Lyrical Partners, is a NYC-based venture fund dedicated to Corporate Intelligence, including Cybersecurity, Data and Analytics, and Artificial Intelligence. Lytical's team of professionals has decades of experience in domain-relevant, early-stage, direct investing. www.lyticalventures.com
Contact:
Craig Lifschutz
Lyrical Partners, LP
212.415.6600
[email protected]
SOURCE Lyrical Partners, LP
Share this article