Do VC firms specialize in industries?

Name Katie Mulligan Director of Platform at Pillar VC

Pillar VC’s Katie Mulligan says that VC firms pretty much always specialize in industries but can also be generalist funds and invest in everything. The way to find out is to take a look at their website or look at their portfolio companies to see what industries they’re investing in. You want to make sure that you find an investor that is relevant to your industry and your company so they are actually helpful.