HomeUSASilas Capital Closes Fund II, at $150M

Silas Capital Closes Fund II, at $150M

Silas Capital, a NYC-based venture capital firm that invests in next-generation consumer brands, closed its Fund II, at $150M.

Silas Capital Portfolio Companies

Silas Capital Partners II received support from prominent institutional investors including endowments, fund-of-funds, insurance companies, global asset managers, family offices and multi-national CPG companies.

With Fund II, Silas Capital will continue to focus on $3M  to $15M+ investments in high-growth, and typically profitable, consumer brands between $5M and $50M+ in revenue. Additionally, Silas looks to invest up to 10% of its capital into seed and early-stage brands with smaller passive checks under $500K through Silas Ventures, the firm’s early-stage venture platform comprised of two micro funds, Silas Ventures I & II.

The fund will continue to attract investments in beauty, personal care, wellness, apparel, home, and food & beverage.

Led by Carter Weiss, Brian Thorne, and Frank Lin, the team also helps brands accelerate growth, execute operationally and recruit talent.

Past and present portfolio companies include ILIA Beauty (sold to Famille C), Boll & Branch (sold to L Catterton), Lord Jones (sold to Cronos), Bare Snacks (sold to PepsiCo), Makeup by Mario, Hello Cake, Vacation, Wonderbelly, Sakara Life, Bellroy, HATCH, Herbivore Botanicals, and others.

FinSMEs

05/03/2024