$39m makes it an average-sized microVC/super-angel fund, likely to focus on seed investments in the $100k-400k range as part of a syndicated round.
For comparison, you have a host of small funds like Data Collective ($10m) and Crunchfund ($20), some mid-size seed investors like 500 startups ($30m) and SV Angel ($40m), and larger seed investors like OATV ($85m), Harrison Metal ($85m?) and Baseline ($100m).
For comparison, you have a host of small funds like Data Collective ($10m) and Crunchfund ($20), some mid-size seed investors like 500 startups ($30m) and SV Angel ($40m), and larger seed investors like OATV ($85m), Harrison Metal ($85m?) and Baseline ($100m).