History

Legacy Venture was conceived and founded by Jim Anderson, a co-founder of two prominent venture firms, Merrill Pickard Anderson & Eyre (MPAE) and Foundation Capital. Russ Hall joined Jim at the end of 1999 to bring the Legacy dream to reality. They raised the first fund of $40 million comprised entirely of individual investors. Chris Eyre, a former partner with Jim at MPAE, joined in early 2001 to further expand Legacy’s vision. Legacy Venture II, a $62 million fund, including individuals, entrepreneurial foundations, and non-profits.  Legacy Venture III  was raised in the later portion of  2004.  It was capped at $110 million and includes a strong list of previous and new philanthropic investors.  Legacy Venture IV, a $236 million fund, was launched in early 2006. Legacy Venture V held its final close in January 2009 raising a total of $276 million..  As part of Legacy Venture V, Alan Marty joined the Legacy team as a managing partner.

Russ, Chris and Alan manage the firm, continuing to cultivate and expand Legacy’s impact. They express appreciation for the support of many preeminent venture capital firms.  Honored to serve with gifted, generous investors, they look forward to Legacy's continued growth in helping make the world a better place.