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Rex Woodbury's Daybreak Ventures unveils $33 million first fund

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Daybreak Ventures has revealed its $33 million first fund, Fortune has exclusively learned.
Rex Woodbury's Daybreak Ventures has launched its inaugural fund, raising $33 million to invest in early-stage startups, with a focus on enterprise software and consumer technology. The fund, which exceeded its initial $25 million target, has already backed six companies, including AI-driven customer service platform, Stella, and sustainable fashion brand, ReThread. Daybreak Ventures aims to support founders in building scalable businesses by leveraging Woodbury's extensive network and experience as a former venture capitalist at Insight Partners. The fund's limited partners include a mix of family offices, entrepreneurs, and institutional investors, reflecting strong confidence in Woodbury's vision and strategy.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/14/rex-woodburys-daybreak-ventures-unveils-33-million-first-fund/ ]