The firm to double down on its core strategy with Fund IV while launching its first opportunity fund  SALT LAKE CITY and SAN FRANCISCO, June 30, 2023 /PRNewswire/ -- Peterson Ventures, a pre-Series A venture firm that invests across SaaS and digital commerce announced today that it has raised over $140M in new capital for its Fund IV and Opportunity Fund I. Like its prior core funds, Peterson Ventures' Fund IV will invest up to ~$2.5M into Seed and Pre-seed stage startups. The Opportunity Fund I will enable the firm to invest follow-on checks at the growth stage in breakout portfolio companies from its core funds.