← All Stories
Fundraising

Summit Peak Ventures closes on $58.6m for Fund IV with a $150m target

Summit Peak Ventures has closed on $58.6m for Fund IV and is targeting $150m, according to Venture Capital Journal.

Professional business meeting with executives in a modern conference room
Photo by Kampus Production on Pexels

Summit Peak Ventures, a Fort Worth-based venture capital firm, has closed on $58.6 million for Fund IV and is targeting $150 million, according to Venture Capital Journal.

Fund IV close and target

The publication reported the close amount for Fund IV as $58.6 million and the target as $150 million, according to Venture Capital Journal.

The article identified Summit Peak Ventures as being based in Fort Worth.

LPs referenced from prior Summit Peak funds

Limited partners in Summit Peak Ventures’ previous funds include the Massachusetts Institute of Technology Basic Retirement Plan, according to Venture Capital Journal.

Limited partners in Summit Peak Ventures’ previous funds also include Crown Cork & Seal Company Retirement Plan, the publication reported.

Limited partners in Summit Peak Ventures’ previous funds also include The Miles Foundation, according to the same report.

Source details

The report was authored by David Bogoslaw and dated 3 September 2026.

The Venture Capital Journal page associated the story with tags including AI, Fintech, Fund of Funds, Fundraising, Healthcare, and US.

Topics
Get capital raising signals before they hit the news.
Join Waitlist