Osage Ventures Just Closed Its Fourth Fund At $90 Million

Bala Cynwyd-based venture firm Osage Ventures announced Tuesday it had closed the lid on its OVP IV fund (aka fund four) at $90 million.

The venture firm — which began raising capital for the fund in late 2015 — has already made five deals from the instrument, including two deals in Philly soon to be disclosed according to Managing Partner Nate Lentz. Osage’s most recent move was joining Sidecar’s $11 million Series C, which gives you a good idea of the investment company’s focus: post-revenue business-to-business (B2B) software companies on the East Coast.

Lentz points to Sidecar as an example of why Philly’s been the home to some of Osage’s flagship deals.

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