Sidley Advises Inspired Capital on New US$450 Million VC Fund

Sidley represented Inspired Capital in connection with the closing of its fourth venture capital fund, Inspired Fund IV, which raised US$450 million in committed capital. The closing was announced on October 20, 2026.

Inspired Fund IV will continue Inspired’s early-stage investment strategy. The firm backs roughly 10 companies a year, from the earliest stages through Series A, with check sizes between US$1 million and US$15 million. Its portfolio spans sectors including AI infrastructure, healthcare, defense, fintech, robotics, and consumer goods. Founded in 2019 by Alexa von Tobel and Penny Pritzker, New York-based Inspired Capital has more than US$1.3 billion in total assets under management.

The Sidley team was led by Shane Goudey, Mandy Kondo, and Lexi Tian, with paralegals Michaela Campos and Estefania Bautista Castro (Investment Funds).