Addition launches sophomore fund

The firm was launched this year by Lee Fixel and is seeking $1.4bn.

Fund name: Addition Two
Target size: $1.4 billion
Stage of fundraising: Launched
Launch date: Oct 2020
Predecessor fund: Addition One ($1.2 billion)

Addition One, a New York-based venture capital and growth equity firm, has launched its sophomore fund after it closed its predecessor in June. The fund has a $1.4 billion target and will invest across North America.