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  • Northzone News
  • 13 July 2023
  • 3 min read
  • Words: Northzone

Molly Alter Joins Northzone New York!

As the summer begins, we reflect on nearly a year since our latest $1.2 (€1.1) billion fundraise, during which we invested in over a dozen early-stage and growth startups, several of which are yet to be announced. We’ve expanded our teams in London, Amsterdam, New York, and Berlin, in line with our glocal strategy to find the best entrepreneurs tackling the biggest markets across geographies by deeply embedding ourselves into the local ecosystems.

A significant highlight for us recently has been welcoming Molly Alter to our team as a Principal in New York. Molly, who previously worked with Index Ventures and Insight Partners, brings an impressive seven years of experience spanning from Europe to the US. This has included serving on the boards of GTMHub, Glia, Lightricks, and Frame.io (acquired by Adobe for $1.2bn). She will continue investing in consumer and enterprise software.

“I am so excited for Molly to join us! We started building our presence in New York in 2013, which was early compared to other global firms. Just as we’ve witnessed the ecosystem evolve in terms of sectors and talent, we have also grown and adapted. Molly will play a key role in helping to expand our investment strike zone here”, adds our Partner Wendy Xiao. 

Further building on our commitment to the region, Laura Clifford has relocated to New York as Platform lead. We are also currently hiring for a new associate to join Aaron Liu and Michelle Nacouzi on the investment team. We’re excited to continue building a significant portfolio following the city’s core sectors including Spring Health, Magic Labs, Thirty Madison, FuboTV, among others.

Northzone team offsite 2023

Globally, we are growing as well: Naseem Moumene and Alex Agureev have come on board as Associates in our London office, and another Associate will be boosting our presence in Berlin come August. In January, we welcomed our new growth partner Sanjot Malhi who has been leading our growth strategy forward. These recent hires bring our total number of investors to more than 21 alongside 19 operators, enriching our team’s expertise and perspective.

As we move into the second half of 2023, we are excited to continue to invest in companies from Seed to Growth. Facing challenging market conditions and new paradigms of software-enabled by AI, we maintain conviction in continuing to invest in and partner with the best teams building globally.