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Foley & Lardner LLP represented Mighty Capital, a venture capital firm specializing in product-led investing, in the closing of their $91 million Fund III. Backed by one of the world’s leading alternative asset managers, on behalf of its clients, alongside existing limited partners and new institutional investors, including a Northern California public pension plan, the fund was oversubscribed and three times the size of its predecessor, reflecting continued LP confidence in the firm’s model and performance.
Mighty Capital is the VC firm that leverages the Product Alpha Effect™, a data-backed way to produce outliers by reading product signals from a 600,000-product-leader network. Founded in 2018 by SC Moatti, a product visionary and former Meta product leader, and Jennifer Vancini, an idea-to-IPO veteran of tech investing, they bring a differentiated edge to venture.
The Foley team was led by partner Matthew McBride and included partner Louis Lehot, of counsel Josh Watson, and associate Gus Fahey.
