The Chainsmokers’ VC Firm Mantis Raises $100 Million in Fresh Funding
Alex Pall says the band is more hands-on than most celebrity investors.
Photographer: Mike Coppola/Fanatics/Getty Images
Mantis, the venture capital firm co-founded by members of the band the Chainsmokers, has raised $100 million for its latest fund — a cash haul that demonstrates unusual longevity for celebrity investors.
This is the third fund for the venture firm, which was founded in 2019, and brings its assets under management to $225 million. The musical duo Alex Pall and Drew Taggart are general partners at Mantis, investing alongside Jeffrey Evans and Milan Koch.