Mighty Capital announced the close of its $91 million Fund III, tripling the size of its previous fund and reflecting strong support from existing and new institutional investors.

The fund was oversubscribed and backed by a leading alternative asset manager, alongside returning limited partners and new investors, including a Northern California public pension plan. The raise underscores continued confidence in the firm’s product-led investing strategy and performance track record.

Mighty Capital focuses on early-stage B2B technology investments and has delivered liquidity to investors in each of the past five years. Over eight years, the firm has produced six IPOs and generated more than $1 billion in value. Its…