Tensility Venture Partners Closes Fund II To Invest In AI Startups
July 23, 2019
We are proud to announce that Chicago-based Tensility Venture Partners successfully closed their second earl-stage venture fund on June 30th. BHA was the lead adviser to Tensility through the process.
We would like to congratulate Tensility partners Armando Pauker and Wayne Boulais on the successful closing and are impressed with the firm's performance to-date and expect great things to come.
Tensility Venture Partners was founded in 2010 to focus exclusively on investing in early-stage companies using Artificial Intelligence to solve critical business problems. To-date, the firm has invested in 34 data-driven and AI-enabled companies and its first portfolio, Tensility I returned 93X TVPI and 5.3X DPI with exits including Docusign (18X IPO) and DUO Security (122X, $2.4Bn acquisition).