About This Fund
Point 406 Ventures V, L.P. is an early-stage venture capital fund managed by .406 Ventures. The fund received commitments $265 million. Consistent with prior funds of .406 Ventures, the new fund will invest in promising companies focused on solving the biggest problems in healthcare, data + AI, and cybersecurity. .406 has already made investments in four companies from the new fund with plans for investments in over 20. Since its founding in 2005, .406 Ventures has raised over $1.4 billion across five core funds and three opportunity funds and invested in 87 innovative companies that have created over $18 billion of value. .406 was the first institutional investor in category creators with highly successful exits including Iora Health (now a central pillar of Amazon Health), AbleTo (one of Optum Health’s core behavioral health offerings), Carbon Black and CloudHealth (VMWare’s endpoint protection and cloud management platforms, respectively), and Corvus (Travelers’ foundational cybersecurity insurance business).