USVC

USVC by AngelList is a new venture capital fund designed to open up private market investing to a broader audience, including retail investors. Traditionally, access to high-growth private companies has been limited to wealthy, accredited investors and institutions. USVC aims to break down these barriers by offering a low minimum investment of $500 and requiring no accreditation. The fund pools investor capital and strategically deploys it across three main channels: investing as a Limited Partner (LP) in select venture funds run by experienced managers, participating in growth rounds of promising portfolio companies to concentrate on winners, and acquiring secondary ownership stakes in private companies with traction. This approach aims to build a diversified portfolio of hundreds of underlying private tech companies, spanning early-stage startups to those nearing an IPO, across various sectors like AI, fintech, and healthcare. The fund is overseen by an independent board and adheres to registered fund standard audits and regular reporting, providing a higher bar for transparency and oversight.